Benjamin Moore CEO is optimistic about housing



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Benjamin Moore CEO is optimistic about housing Frédéric J. Brown / AFP / Getty Images

(CNN) – The housing market has been extremely well behaved in recent years thanks to low interest rates and steady growth in employment.

This is great news for painting giant Benjamin Moore, the Berkshire-owned company that competes with Sherwin Williams, PPG and Behr.

But Benjamin Moore's CEO, Dan Calkins, said that there was a problem. A well-known labor shortage in the housing sector means that sales could be even better than they are already – even though he said the housing market is " hot".

"Entrepreneurs have a hard time finding people, there are lots of jobs available but not enough on the bridge, we would sell more paint if there were people," said Calkins.

Calkins said that he was not too concerned about the possibility that the economy would eventually calm down. He said Benjamin Moore had withstood most of the slowdowns well, with the Great Recession being the obvious exception.

"In 2008, we all paid a heavy price," said Calkins. "I hope we will never see anything like it again."

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