4/20/2011 4:21 PM
The Rabine Group recently hosted an educational seminar attended by Property Managers at NAI Hiffman. The event took place last April 19, 2011 in Schaumburg, Illinois. Rabine Paving’s Ryan Laughlin and UltraLot Paving Systems’ Scott Haislip, two of the company’s most experienced engineers, presented information on the benefits of asphalt and concrete paving. During the Q&A Session, one of the interesting questions raised was regarding how Property Managers should plan for a volatile market considering fluctuations in market pricing for fuel and asphalt products.
Ryan explained, “The price of asphalt paving products isn’t directly correlated to the price of gasoline but there is a strong relationship between the two. As the price of gasoline has steadily risen during the last 4 months, asphalt cement has followed in suit. Rabine Paving would advise that if you have currently available funds or expect to have funds available, secure proposals as soon as possible from your paving contractors. These quotes are not indefinite and have expiration dates, but it provides protection against sudden market increases that are typically throughout the volatile material pricing times that we are currently experiencing.”
Do you have questions about the construction industry? Leave a comment below.
Educational Seminars are available upon request. You may contact our Marketing Department for more information at 1-888-Rabine3 or 847-995-0550 (toll free). Ask for Milbien Medina. For more information about our company, visit our website at www.RabineGroup.com.