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Stone & Tile Industry News

Fabricators optimistic for 2010 and beyond, planning new capital investments

December 4, 2009

U.S. fabricators have an optimistic for the stone industry in 2010 and beyond, according to a Fabricator Market Survey conduced by BNP Media (Stone World's parent company). The survey polled fabricators from all regions on the country, and the following is a brief summary of the results.

* 45% said the stone market will increase in 2010; 40% said it would stay the same; only 15% said there would be further declines

* Looking 5-10 years down the road: 83% said the stone market will increase; 11% said it would stay the same; only 6% said it would declines

Half of the fabricators polled said they are planning major equipment investments in 2010:

* One out of 10 fabricators will buy a CNC machine this coming year, expecting to spend close to $200,000.

* One out of 10 fabricators will buy a waterjet this coming year, expecting to spend close to $185,000.

* One out of 5 fabricators will buy a bridge saw this coming year, expecting to spend close to $80,000.

* One out of 5 fabricators will buy a polisher saw this coming year, expecting to spend close to $50,000.

* One out of 6 fabricators will invest in air/water treatment, expecting to spend more than $20,000.

* One out of 3 fabricators will invest in handling equipment, expecting to spend close to $35,000.

A full, detailed report Fabricator Market Survey will be in the January 2010 print and online editions of Stone World.

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