Revised 2021 outlook shows sales up more than 20%.
July 12, 2021
In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.
When it comes to developing a growth strategy, distributors must be mindful of their actual capabilities in each of the seven essential process groups regardless of current market conditions.
Consolidated Supply Co.’s The Fixture Gallery named 2021 Showroom of the Year. 93-year-old Tigard, Oregon-based plumbing distributor, Consolidated Supply Co., was founded during tough times — in 1928 during The Great Depression.
According to data published by the United Nations Statistics Division, by 2019 China accounted for 28.7 percent of global manufacturing — more than 10% ahead of the U.S. Manufacturing products in the states comes with a set of challenges, but it also offers benefits for consumers and the U.S. economy.
Legislative happenings of prime importance to the PHCP-PVF supply chain.
July 7, 2021
After Congress returns from its July 4th recess next week, legislation will start to move on several fronts. First, committees will be drafting bills pertaining to the bipartisan infrastructure package, that the White House signaled its support for last week.
The American Society of Civil Engineers’ 2021 U.S. infrastructure report card graded the United States wastewater system a D+, and the nation’s drinking water system received a C-. Additionally, according to the CDC, more than 500,000 kids in the U.S. have elevated levels of lead in their blood.
Dakota Supply Group (DSG) announced the acquisition of Calverley Supply Co. in an asset purchase effective July 1. Founded in 1974, Calverley Supply is a second-generation, family-owned distributor of HVAC equipment and supplies with seven locations across Michigan.
According to Coherent Market Insights, the global tankless water heater market is estimated to account for $29.7 billion in terms of value by the end of 2027, witnessing a compound annual growth rate of 5.7% during the forecast period 2020-2027.