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W&D Weekly

 
 

April 15, 2020
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The Latest
Do Your Employees Qualify for Paid Leave Due to COVID-19?

Although the Families First Coronavirus Response Act (FFCRA) requires companies to pay sick leave, there are specific rules that apply. To help employees determine when they qualify for paid leave, the National Glass Association developed a fact sheet for private companies with less than 500 employees to distribute to their workforce. The worksheet is customizable and is designed to help employees understand what is covered—and what is not—under the FFCRA. Read More and Download the Resource

 
Cash Management: Five Ways Builder Customer Expectations May Change
Establishing a cash reserve requires taking a critical look at cash flow, something fenestration suppliers and their builder customers will be keeping a close eye on for the foreseeable future. Builders will look to their suppliers for help managing their cash and projects. Plus, tips on how fenestration companies can improve their own cash flow. Read More
 
Economic Update: "No Question" US is in a Recession
March numbers paint a grim picture of the economy. Industry consultants discuss the impacts on window and door demand and outlooks for remodeling and housing; economists delve into how factors such as labor and new phases of legislation play into the scene as we look toward a restart. Read More
 
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COVID-19 Updates
Deceuninck Reorganizes, Reduces Workforce in Ohio
 
Fensterbau Frontale Canceled for 2020
 
NGA Announces April 22 Webinar, 'All about SBA Loans'
 
NAHB Urges Construction Pause on April 16 to Educate About Coronavirus
 
PGT Innovations Responds to COVID-19
 
 
Industry News
Pella Makes Face Shields for Health Care Professionals
 
Roto Frank of America Donates Surgical Masks
 
Soft-Lite Earns 2020 Energy Star Award
 
The Talk
Invest During Difficult Times
By Chris Kammer

During this recent 10-year bull market, many industries were so busy keeping up with growing demand, they lacked the bandwidth to think beyond the present. And, even if they did have longer term plans in place, it’s unlikely anyone anticipated the economic effects of the global COVID-19 pandemic. Now, most companies find themselves in uncharted territory looking for ways to jumpstart business and navigate a new landscape at a time of great uncertainty.  

The sage advice of ITR Economics’ economist Connor Lokar is as relevant now as ever: "There is an opportunity… [during economic slowdowns to] …reset" your future. This is a seminal moment to think ahead; to address known constraints and challenges while simultaneously creating new opportunities that can catapult your company through 2020 and beyond.  

The revitalization process starts by taking a critical look at your company's current goals and performance. Begin to evaluate in terms of intrinsic strengths, existing vulnerabilities, new opportunities and potential risk factors.

To help get you started, here are five fundamental, thought-provoking questions. Read More 



 

 

 

 

 
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