Tag "executive forecast"

    Executive forecast: Industry leaders look forward to robust year ahead

Executive forecast: Industry leaders look forward to robust year ahead

November 27-December 11, 2017: Volume 32, Issue 13 By Ken Ryan   Words like “sluggish” and “tepid” to describe growth in the flooring industry are being replaced by “healthy” and “sustainable” as some of flooring’s top executives see an industry that is now accelerating to a respectable cruising speed as we approach 2018. The catalyst driving this momentum is winning products—the still-booming LVT market and across-the-board innovations in other segments.

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    Executive Forecast: Laminate & Wood—Suppliers dial up innovation to ward off competition

Executive Forecast: Laminate & Wood—Suppliers dial up innovation to ward off competition

December 5/12, 2016; Volume 31, Number 13          By Reginald Tucker No one is expecting the laminate category to generate double-digit growth rates in 2017; after all, it is a fairly mature category in the U.S. On top of that, the segment is facing intense pressure from competing hard surface sectors, including LVT, WPC and, of course, hardwood. However, don’t expect the segment to roll over in the face of fierce

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    Executive Forecast: Tile—Technology, pent-up demand to fuel consumption in 2017

Executive Forecast: Tile—Technology, pent-up demand to fuel consumption in 2017

December 5/12, 2016; Volume 31, Number 13          By K.J. Quinn The outlook for ceramic tile has never been better, as new production technologies are enabling producers to introduce game-changing formats and designs. Fresh off a year where sales and volume approached 10% spikes, marketers are bullish about growth prospects for 2017, as key economic indicators such as the new housing market and a rebounding economy are trending in the right

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    Executive Forecast: Wood—Changing demands drive innovations at manufacturer level

Executive Forecast: Wood—Changing demands drive innovations at manufacturer level

December 5/12, 2016; Volume 31, Number 13          By Reginald Tucker   In much the same way that technological advances in wood flooring manufacturing paved the way for surface texturing, finishing options and new engineered offerings in 2016, the latest round of innovations are generating excitement for the coming year. Suppliers see 2017 as an opportunity to step up their respective capabilities as a means to further differentiate themselves while increasing

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    Executive Forecast: Resilient–LVT/WPC expected to continue its strong surge well into the new year

Executive Forecast: Resilient–LVT/WPC expected to continue its strong surge well into the new year

December 5/12, 2016; Volume 31, Number 13          By Ken Ryan   The double-digit growth that has catapulted the LVT category in recent years is expected to continue in 2017, buttressed by the rise of rigid core products (also known as WPC). The lone caveat may be the very success of LVT, which is ushering in a new wave of players looking to grab a piece of this ever-expanding market.   Larry

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    Executive Forecast: Carpet—Mills predict rebound as improving economy takes hold

Executive Forecast: Carpet—Mills predict rebound as improving economy takes hold

December 5/12, 2016; Volume 31, Number 13          By Ken Ryan   While 2016 was less than stellar for carpet mills—due in part to the acrimonious Presidential election that some believe hurt consumer spending—executives are looking to bounce back in 2017. Buoyed by an improving economy that many see gaining significant traction, mill executives are forecasting anywhere from a 2%-5% gain, which, if true, would easily eclipse 2016 figures. Mark Clayton,

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    Executive Forecast: Ready to roll—Leaders bullish on 2017 prospects

Executive Forecast: Ready to roll—Leaders bullish on 2017 prospects

December 5/12, 2016: Volume 31, Number 13 By Ken Ryan Things are looking up for the flooring industry in 2017. That’s the general sentiment shared by the industry’s top executives who cite any number of positive trending economic indicators to conclude that pent-up demand will finally give way to more consumer spending on flooring. Ed Duncan, president, Mannington Residential While we continue to forecast growth, we think it will continue

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    Executive forecast: Ceramic producers optimistic about 2013

Executive forecast: Ceramic producers optimistic about 2013

By Louis Iannaco  Volume 27/number 15; December 3/10, 2012 The term “cautiously optimistic” is a well-worn adage, and when it comes to what the future may hold for the ceramic segment, it begs to be used yet again. After doing somewhat better than expected in 2012, industry executives who spoke with FCNews feel better times may truly lie just ahead, even though some admittedly have used that refrain before. Entering

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    Executive forecast: Resilient segment anticipating a successful year

Executive forecast: Resilient segment anticipating a successful year

By Jenna Lippin Volume 27/number 15; December 3/10, 2012 In 2012, industry leaders in the resilient category anticipated favorable economic conditions and widespread growth. Now that the year is coming to a close, many companies report things were quiet over the last 12 months. However, the final numbers did not disappoint. Once again, despite unpredictable economic conditions, executives look forward to a successful year in 2013. New products, the commercial

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    Executive forecast: Wood manufacturers see light at end of tunnel

Executive forecast: Wood manufacturers see light at end of tunnel

By Melissa McGuire Volume 27/number 15; December 3/10, 2012 Within the wood segment, executives are hopeful but guarded as they head into 2013, as they see a faint glimmer of light at the end of the tunnel. A slight uptick in building and purchasing coupled with investments in new product and initiatives have executives not fooling themselves with the thought of robust growth, but rather seem content with a mild,

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    Executive forecast: Soft continues to be king—from products to sales

Executive forecast: Soft continues to be king—from products to sales

By Matthew Spieler  Volume 27/number 15; December 3/10, 2012 When it comes to the carpet industry, soft is the key word. Soft as in softer products continuing to expand, and soft as in the ways sales continue to be. While fibers keep getting softer, to the point where some carpets feel like cashmere, sales are starting to come out of their funk. Overall dollars may have been flat for the

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    Executive forecast: Industry shows signs of life; 2013 to be better

Executive forecast: Industry shows signs of life; 2013 to be better

By Matthew Spieler  Volume 27/number 15; December 3/10, 2012 While 2012 saw the industry hold its ground—improving better than expected in some areas—the end result left little to cheer about and even less to get excited about going into next year. Nonetheless, there is still an overall feeling the bottom has not only been reached but, for the first time in a handful of years, is actually in the rearview mirror.

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Executive forecast: Industry officials cautiously optimistic for growth in 2012

For most, 2011 has been nothing to cheer about. Not that anyone really expected different. In fact, when compared to 2010, many said while there were some differences the end result was pretty much a mirror image. Unlike previous years where manufacturers were just hoping the downward spiral would stop, officials in general are taking a different approach to 2012. To find out their plans, FCNews surveyed many of flooring’s

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    Executive forecast: Wood struggles continue but execs see light

Executive forecast: Wood struggles continue but execs see light

By Matthew Spieler   While 2011 seemed to mirror 2010 for the wood industry, manufacturing executives say it was expected and, considering the losses that mounted up since the recession started, not so bad. Though the overall economy doesn’t appear much brighter in 2012, many feel there will be some upward movement due to pent-up demand as well as other indicators that favor their products.

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Floor Covering News

Press Release

CTEF to hold CTI, ACT demonstrations at TISE

Pendleton, S.C.—The Ceramic Tile Education Foundation (CTEF), which provides education and installer certification for professionals working in the ceramic tile and stone industry, will be conducting ongoing demonstrations of the

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Retail Lead Management builds new integrations with flooring ERP systems

Columbus, Ohio—Retail Lead Management has recently completed the development of its initial integrations with two flooring ERP systems: RollMaster and RFMS. The company is also scheduled to launch its Qfloors

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Scott Group Studio names new co-CEOs, chairman

Grand Rapids, Mich.—Scott Group Studio, a leading designer and manufacturer of custom, handmade luxury carpets, has named John Hart and Tim Hill as co-chief executive officers. Hart has a 20-year

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