Building material prices continuing to inflate

By Mike Switzer

Published May 11, 2022 at 5:30 PM EDT

We continue to hear from our friends in the building industry that prices of building materials are getting so high that they are materially affecting the end price of the house. So we thought we’d check in with a local kitchen cabinetry company to get more details. Mike Switzer interviews Michael Sloan, co-founder of John Michael Kitchens in Chester, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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