Gorham's Limited

52 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 The COVID-19 pandemic that emerged in late 2019 and ran for the better two years ravaged supply chains worldwide. Material delays extended from weeks to months, generating tremendous price spikes across the value chain. The story of the Bermudan construction industry was the same as Mackay narrates. “COVID was a nightmare for everybody. It completely disrupted supply chains, made worse by the Texas winter freeze that distorted fuel prices because several oil refineries went down. As a result, the prices for petroleum-linked products like resins, PVC, paint, and plastics, went through the roof.” These rising prices exerted tremendous pressure on general contractors, who were working with quotes issued before the pandemic and were no longer viable due to the sudden rise in prices. “In 2020 and 2021, many contractors with GORHAM’ S L IMI TED AMERICA’S BUILDING PRODUCTS DISTRIBUTOR DISTRIBUTED BY Trim and design with confidence and precision Call 800-839-2588 for product support from start to finish. Trim products that inispire the finishing touch you imagined with the durability to make it last. Why Spec Royal ® Trim: Takes little-to-no prep to install Waterproof and usable below grade Low maintenance over the long haul AMERICA’S BUILDING PRODUCTS DISTRIBUTOR DISTRIBUTED BY The Gorman Edge in Quality Call 800-839-2588 for product support from start to finish. Carefully graded above industry standards, so you know you are getting the right board for your project. Heat treated and Kiln dried to prevent bowing and cracking Smooth and splinter resistant Slow steam drying and waxed ends enhance stability