Page 22 - Shareholders Report 2021

GEORGIA NATIONAL GUARD
AIR DOMINANCE HANGER
SAVANNAH, GEORGIA
DELIVERY GROUPS

“ We met our tight

production goals
because these steel
fabricators kept their
JCLDS TEMPLE SPIRE
word and delivered on
HELENA, MONTANA
time when no one else
could. I appreciate that
NONGSHIM Haskell in general was a
RANCHO CUCAMONGA, CALIFORNIA
team of problem-solvers
and genuine team
members.”
SUPPLY CHAIN
Material price escalations drove steel prices up HARRY EDWARDS, REGIONAL
ENGINEERING DIRECTOR, STARBUCKS
over 200% through 2021 and high demand drove
lead times on critical steel members to record
highs, with joists, one of the longest lead-time LOOKING AHEAD
items, averaging 10 months from Purchase Order to In 2022, we will continue the strategy
delivery. Price and schedule volatility coupled with set in 2021, working together in
high demand resulted in Haskell Steel exceeding the framework of our four primary
schedule capacity for the final six months of 2021. goals: 1) apply standardization and
Increasing challenges in this market were the manufacturing principles to current
rising buyout and erection costs as availability operations, beginning at design and
of erectors and sub-manufacturers decreased. moving through fabrication, 2) focus
ORLANDO-MELBOURNE This added risk to project success has required on discipline in execution by aligning
INTERNATIONAL AIRPORT TERMINAL
RENOVATION AND EXPANSION the close attention of our project estimating and business practices with Haskell standard
MELBOURNE, FLORIDA management staff as we manage our ability to operating procedures, 3) optimize
meet the needs of our most important customer, production workflows and document
Haskell, while ensuring we do not put ourselves in standards of work and 4) expand our
an oversell condition that would affect our ability to product offerings to meet our internal
provide a safe, high-quality and profitable product. and external customers’ needs.

20 Haskell | 2021 Annual Report to Shareholders