A look at the US stone industry in 2009
Stonereport: How is the impact of the economic crisis on the US stone industry?
Gary Distelhorst: Under the influence of this global economic downturn, the US stone industry is no exception. The American Marble Association recently conducted a survey of its members, and almost all of the stone companies traded down, and had to tighten their belts. In fact, almost two-thirds of companies have to slow down their investment in production, such as the purchase of new machines, and even some companies have to lay off employees.
Stonereport: How big is the impact on machinery purchases?
Gary Distelhorst: Like other industries, our members are now delaying the purchase of new machines. The US stone industry has seen significant improvements in processing efficiency and quality in recent years. But as the economy declines, these companies seem to be comfortable with the original machinery, even if they have to change machinery, they are second-hand. According to our research report, 40% of companies temporarily postpone the new machinery procurement plan, and 85% of enterprises will at least reduce orders.
Stonereport: When will this crisis end?
Gary Distelhorst: More than two-thirds of companies believe that 2010 will be better. It is clear that the trade volume of the stone industry is largely dependent on new construction. There have been some signs of recovery, but it is still too early to make a final conclusion. There are also reports that there are still a lot of properties for sale in stock. Perhaps in the future, newly renovated houses in the United States will tend to be small and sophisticated.
Stonereport: What should the mechanical company do to save it?
Gary Distelhorst: More than 40% of companies recommend that machinery manufacturers lower prices, but it is interesting to note that 14% of stone processing companies tell us that machinery manufacturers should provide financial support for equipment purchases, and another 14% believe that machinery manufacturers should More emphasis is placed on developing more efficient machinery.
Stonereport: What happens to the stone industry after the economic crisis?
Gary Distelhorst: There may be a 40%-60% reduction in the production floor, but the company that remains is a highly sensitive company that offers higher quality products and more efficient service. The whole industry will be stronger, but the good days like 2005-2006 are definitely gone, and the natural stone processing manufacturers must adjust their processing direction and increase the processing varieties, such as artificial stone. Pre-sales and after-sales services for customers should also be improved.
Stonereport: What is the action for this change machine manufacturer?
Gary Distelhorst: From the perspective of the US stone processing industry, better machinery manufacturers are taking advantage of this downturn to compete for the market by improving product processing efficiency and better after-sales training rather than old clumsy sales strategies. . Some US manufacturers are actively reversing the excess of used machinery by improving sales methods.
Gary Distelhorst, Vice President, American Stone Association
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