Amazon created a concrete shortage

[5030]

Appears to me that companies build new facilities that become obsolete in 10 years or so and then have to be demolished. Buildings aren't built to withstand the test of time today.

 

[Torvy]

Our new Amazon Fullfillment center here in Waco, TX opened this fall and is now fully operational, with 320 new jobs distributed over three work shifts. Looks like Amazon offered $15/hr wages and got only a few takers. So right now average starting salary is about $22.50 per hour and lots of overtime. Everyone got full benefits and $3000 hiring bonuses.

Between the Amazon fulfillment construction, the hundreds of new home construction going up for SpaceX employees and a major rebuild of I-35, concrete was absolutely hard to find the past year.

Lol. Let me know if they ever stop working on I 35. We've been here 16 years. Seems there is always a major project on 35 between FTW and Austin.

Amazon has at least 2 huge new centers under construction in the Metroplex. One is around 35 and 820 north side of ftw. The other is off of 80 in Forney..ESE of Dallas. Could be more, but I've been by both of these recently.

 

[MossRoad]

Malls, k-marts, shopco, jc penney, Montgomery Wards, sears, radio shack, toys r us, ........lots of things change...and will continue to change.

LS Ayers, Hudson's, Builders Square, Furrow Lumber, Western Auto, Fleener's Auto Parts. Most Ben Franklin stores (5&10 chain). Burger Chef.

 

[MossRoad]

Almost every business ends at one time or another. Why is this even a discussion?

Because we like to talk.

 

[jyoutz]

Because we like to talk.

Good enough

 

[TheMan419]

Because we like to talk.

Plus how else do you accumulate nearly 50K posts?

 

[Oaktree]

Appears to me that companies build new facilities that become obsolete in 10 years or so and then have to be demolished. Buildings aren't built to withstand the test of time today.

Not necessarily a bad thing. Needs change over time, look at the amount of office space that's no longer needed in today's remote working environment. Likewise for manufacturing plants, mills, etc. The needs of today don't always jibe with even 50 years ago, and a lot of these old facilities don't lend themselves easily to repurposing.

 

[Oaktree]

I think you are probably right; only a matter of time till the house of cards falls. The American working class people have been lied to, cheated, and stolen from for decades at a minimum; just run the numbers on wealth in this country vs the bottom 90%.

Seems like a large percentage have been going along willingly, taking on more debt to live a lifestyle that's beyond their means. No one "needs" a new luxury SUV, $1000 I-phone for every household member, a 55" tv, a 3000+ s/f house, etc. The same "working class" who got greedy and priced themselves out of a job while scoffing up low priced imported goods. Yeah, the corporations, the 1%, et al get the bad rap, but there's plenty of blame to go around.

 

[PuffyC]

LS Ayers, Hudson's, Builders Square, Furrow Lumber, Western Auto, Fleener's Auto Parts. Most Ben Franklin stores (5&10 chain). Burger Chef.

The demise of Burger Chef may be the biggest American tragedy in all of history. I used to love that place.

 

[PuffyC]

Not necessarily a bad thing. Needs change over time, look at the amount of office space that's no longer needed in today's remote working environment.

Try shopping for commercial real estate in Austin or Dallas. The exodus of people and businesses from California and similar states has created a boom with demand and prices at all time highs. The amount of growth is staggering.