CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Nail Supply Update September 19, 2017   CMI, as leaders in the nail business since 1958, is committed to keeping our customers informed with accurate information on the steel and galvanizing plant closures in China that effect the production of roofing nails and associated products. CMI IS OPEN FOR BUSINESS AND Taking NAIL ORDERS TO SUPPORT OUR REGULAR CUSTOMERS. Please click here for an article and map of the primary areas affected by the mandated strict environmental regulatory hurdles. The largest circle on the map with Shandong Province in the center is where 80 % of the […]

FOR IMMEDIATE RELEASE: Organizational Changes – Supporting our Valued Customers and CMI Business Growth September 1, 2017   Continental Materials, Inc. (CMI) is pleased to announce several organizational changes and promotions of key employees that will reinforce CMI’s commitment to its customers and business partners as well as the expansion and support of its growing business. Dave Dickherber – has been promoted to Vice President of Sales for CMI’s South Central Region. “Dave’s geographic responsibilities will now expand to the markets of Colorado, Nebraska and Iowa, and assist in supervising the Mid-West Region. In addition Dave will be responsible for […]

FOR IMMEDIATE RELEASE: Nail Supply/Galvanizing Process Shut-Down Update August 25, 2017 CMI continues to be committed to keeping our customers apprised of up to date information regarding coil roofing nails to allow you to manage your business accordingly. The ongoing mandated government shut down of the galvanizing and plating lines in China are ongoing. While the original June shutdowns were locally mandated by regional government authorities, the August 12, 2017 shutdowns were federally mandated. Click here for the recent article that explains this from Reuters News Agency. Galvanizing and plating operations are very chemical intensive with Zinc and other rust-inhibiting […]

FOR IMMEDIATE RELEASE: Nail Supply Update August 18, 2017   As leaders in the supply of roofing nails CMI has a commitment and obligation to keep our customers informed of market and supply issues that may affect their businesses. As you know we have already made sure our customers are being kept up to date on the recent run-up in steel prices and freight that that is driving significant delivered cost increases. Nail supply has been previously delayed by the Chinese government’s mandated temporary shutdowns of nail galvanizing/plating lines in early summer. Most of the backlog of orders had finally […]

FOR IMMEDIATE RELEASE: Continued Increase in China Steel and Rising Ocean Freight Raise Nail Prices to Highest Level in Recent Years August 14, 2017   The price of steel continues to be very volatile and moves almost daily. Since July 1, the price of wire rod has increased over 10% to 4200 RMB per ton, a 5 year high. Forced steel plant shut downs by the Chinese government for a myriad of reasons and the increase in the cost of iron ore used to make steel are driving these increases. Additionally the Chinese currency has been devalued against the US […]

FOR IMMEDIATE RELEASE: CHINA STEEL INCREASE AND GALVINIZNG MILL SHUTDOWNS CAUSING HIGHER PRICES AND DELAYED SHIPMENTS June 30, 2017   As one of the largest importers and suppliers of roofing nails from China we wanted to make you aware of the recent events causing a spike in pricing and extended lead times. Over the past week the price of wire rod, the steel used to produce roofing nails, has risen 10% driven by rapid increases in iron ore. The price of wire rod has increased from $3420 RMB to $3750 RMB in one week. Additionally, many of the galvanizing mills […]

FOR IMMEDIATE RELEASE: CMI Announces Expansion of Capacity with Tarah Asphalt Products – Supporting Organic Roof Underlayment Demand in California Abington, PA (6/08/2017) – Continental Materials, Inc. (CMI) announces that it has increased its capability to support the residential roofing market and organic felt demand in all California markets while continuing to provide the same high quality organic felts it has been supplying throughout the US for over a decade. CMI continues to partner with Tarah Asphalt Products to support the ASTM organic felt underlayment market with this important component of residential steep slope roof systems. The Northern California market […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – SecureGrip™ Synthetics Effective:  June 1, 2017 Nationwide Dear Valued Customer; Please be advised that there will be a price increase of 5% on CMI’s SecureGrip Synthetic Underlayment products nationwide effective with shipments beginning June 1, 2017. Continued raw material increases have created this situation and we strongly suggest you plan for your inventory needs accordingly. For revised pricing, or any related SecureGrip Underlayment questions, please contact your local CMI Sales Representative or CMI Customer Service at 1-800-247-6637. CMI is a leading supplier of synthetic roof underlayments shipping throughout North America. We thank you […]

FOR IMMEDIATE RELEASE: CMI Adds Ryan Parker as Senior  Synthetic Sales Representative for Utah and Surrounding Markets Abington, PA (3/20/2017) – Continental Materials, Inc. (CMI) is proud to announce that Ryan Parker of Architectural Systems / Intermountain Products has re-joined the CMI sales team taking on the role of Senior Synthetic Underlayment Sales Professional providing coverage in Utah and surrounding market areas. “We are excited to add another person with Ryan’s experience and industry knowledge. He will be a strong asset to CMI in this new role and will be supporting our existing sales efforts and promoting CMI products and […]