According to Victor D. Almeida (Chairman & CEO of the Mexican Group) the US market should offer good opportunities for growth in 2019 and over the coming years.
Despite the moderate contraction in sales, in 2018 Del Conca USA invested in the expansion of the range with new technical products aimed at the commercial construction sector.
The Italian group (in the USA with Florida Tile) is confident that their US Business Unit will see moderate growth this year after a disappointing 2018.
US tile consumption grew just 1.2% in 2018 to about 288 million sq.m. Domestic sales of US tile dropped to 84 million sq.m, while imports rose to 205 million sq.m (+5%), mainly from China, Spain and Brazil.
As of 2018, Villeroy & Boch will cease collaborating with TOTO and shift to direct distribution in North America. The group is planning to invest US $20 million in its Mexican factory.
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