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21:47
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Originally posted by Storm_chasor:
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I used to think brick manufacturers are the best natural fit for WaaS JVs, i.e. Wienerberger, Brickworks, one makes bricks one lays them, nice for brick suppliers to have an extended business arm into service side.
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Originally posted by GaryJitters:
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The double edged sword is that if building companies partner they would likely keep an area in which there franchise contract dictates them as the sole owners of the service for that area. That may mean less houses being built limited to one builder and less bricks through the hx.
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Originally posted by ash007:
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I think in "normal" pre-pandemic times. Yes, that would be the case. There is still an argument why brick manufacturer still would have a vested interest in HX/FBR. Look at manufacturing/car manufacturing. Almost all cars, especially european cars has its own sets of tools/processes. Because they all believe their way of doing things are what suits them to make cars. Bricks are "generic" in some sense. But I believe Brick manufacturer wants to maintain a healthy building market, and that means bricklayers needs to be there. With population declining, or lesser bricklayers around, this means there would be lesser people to lay bricks for them. Also, despite maintenance cost, a machine can lay a lot more bricks at a faster rate then a human can. Just saying, brick manufacturer would have a vested interest in enabling something like the HX. As for builders/developers, we know how much margins they want to make.
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Originally posted by Armsofanangel:
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The reason I keep coming back to Brickworks is that they have been on board as an original and largest angel investor since 2005 ... so they know the story well
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(20min delay)