Report predicts 16% growth in residential bath and kitchen remodeling.
January 26, 2021
The National Kitchen & Bath Association (NKBA) released its 2021 Market Outlook report, revealing the industry is poised for continued growth with overall spending for both kitchen and bath projects to increase in the coming year. The industry anticipates a pronounced rebound in overall industry growth from -5.9% in 2020 to 16.6% in 2021, compared to 9% in 2018 and 1% in 2019.
With 28 years of commitment to Canadian independent distributors, and as a sign of its focus on further investment in the Canadian market, AD announced it has made the strategic decision to establish AD Canada as a distinct business unit, serving the more than 150 members of its three Canada-based divisions.
The completely touchless all-in-one Next Generation WashBar by Bradley Corp., innovator of touch-free handwashing products for 100 years, has received the prominent 2020 GOOD DESIGN Award.
The Kitchen & Bath Industry Show (KBIS) announced the product finalists for the 2021 Best of KBIS Awards. Regarded as one of the industry’s most prestigious awards, Best of KBIS recognizes the most innovative new kitchen and bath products of the year.
A. O. Smith announced the release of its 2020 Corporate Responsibility & Sustainability Report, which documents the company’s environmental, social and governance activities and performance over the past two years. It announced the company's first greenhouse gas emissions (GHG) reduction goal of 10% by 2025.
The addition of the TrueShip feature to Neuco’s ordering process has made it easier for counter salespeople to wrap up a sale with their customers. Distributors were previously accustomed to waiting for a final invoice before knowing shipping costs on their orders but now they can see their landed total prior to submitting an order.
ASA Chief Economist Dr. Chris Kuehl kicks off 2021 with his first PHCP-PVF economic update webinar where he asks the simple question: What can we realistically expect in the first half of 2021 as far as the economy is concerned?
The Collins Companies, an industrial distributors of pipe, valves and fittings and engineered specialties serving the Northeast, announced its decision to fully acquire the assets of Niagara Controls in Buffalo, NY and consolidate the management with their Collins Niagara Division in Syracuse, NY. Joseph A. Clemente, who was the Managing Partner of Niagara Controls, will now provide direction and guidance to both of these Collins’ divisions.
Registration for the annual Southern Wholesalers Association (SWA) convention is now open. The event will take place June 26-29 at the Hilton Sandestin Beach Golf Resort and Spa.