SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 20, 2010 09:06 ET

Professional Research on Fastenal and Vulcan Materials -- The General Building Materials Industry Under Review

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 20, 2010) - allows shareholders to gain full understanding of the economic and market forces influencing the general building materials industry, and offers free research on industry players Fastenal Co. (NASDAQ: FAST) and Vulcan Materials Company (NYSE: VMC). Register today at to receive free research reports on these companies.

The General Building Materials sector has been hit hard by the recent struggles in the residential and commercial housing markets. With 2010 on track to be the third year in a row with under 1,000,000 new houses under-construction, residential building levels have been at historic lows. This hurts the Materials sector that makes a large portion of its profits supplying the materials needed to build new houses. is a specialized website where investors can have complete access to free reports on general building materials industry; traders looking for analyst opinions on Fastenal Co., Vulcan Materials Company and other players in the industry are welcomed to sign up for a free one year membership at

To offset some of this loss, companies have raised prices on commercial materials. However, with banks hesitant to lend money for commercial construction projects, this segment of business could soon be hurting as well. One potential reason for the low house start levels is the 10% increase in building cost for new homes. This compared to the 10-15% decrease in new home values makes it easy to see why many people are opting not to build. Visit us at to understand the catalysts and forces driving or affecting general building materials stocks.

President Barrack Obama's proposed $50 billion highway stimulus plan could help the struggling General Building Materials industry with companies like Vulcan Materials Company having the most to gain in light that highway spending is anticipated to decline by close to 5% in 2011. With the highway stimulus segment of the $814 billion American Recovery and Reinvestment Act slated to run out next year, this new proposal should help pick up some of the slack anticipated throughout the industry. However, many companies are not raising their forecasts as state highway spending has fallen since the stimulus went into effect. The newest proposal still needs to be approved by congress. Shareholders and investors can sign up today at to download the full report on Vulcan Materials Company.

In a few weeks time, companies in this industry will be releasing their third quarter 2010 earnings. Fastenal Co. which is set to report its financial results on October 12th had managed to beat the odds for the second quarter 2010 with profit of $69.2 million that is a rise of 59% as compared to the same quarter in 2009. Shareholders and investors can sign up today at to download the full report on Fastenal Co.

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