MIA Releases 2014 Benchmarking Survey

 

OBERLIN, Ohio – The 2014 edition of the Fabricator Benchmarking Survey from the Marble Institute of America (MIA) is now available.

mia newThe 2014 survey included 212 fabricators; 40% of those also completing the 2013 survey. Participation in the survey was available for free to all fabricators in North America and the resulting report allows fabrication companies to compare their firm with firms of similar size.

The MIA has used the data derived from the survey, both the current year and prior year, along with additional industry statistics, to create a one-of-a-kind web portal that includes statistical data, design trends, housing information.

“This is the best in depth analysis we’ve ever done,” said Mike Loflin, MIA industry research and information manager. “From the additional data collected on region and metropolitan areas, we were able to develop the analysis so that companies could compare their results with results of same size companies in the same region, or in the same size metropolitan area.  It makes the results much more useful for the fabricators.”

The report offers relevant information not only to fabricators, but also to suppliers and international companies seeking information about the North American market. The report also highlights key differences between fabricators operating manual versus automated production facilities.

“I was truly amazed to see the variety within the stone industry … from small shops with one or two employees and no showroom, to larger operations with 80 employees and 10,000 ft² showrooms,” said Stephanie Guilfoyle, who facilitated the survey for the MIA. “I’m excited to show the results of the survey to the industry.”

Peter DeKok of Granite Mountain Enterprises said, “This is by far the best survey result/analysis the MIA has ever done.”

New in the 2015 survey are:

  • Sales, payroll, purchasing broken out by geographic region
  • Sales, payroll, purchasing broken out by metropolitan area
  • Internet trends
  • Spending on natural stone as a percentage of all stone and as a percentage of sales
  • Ranking of natural and quartz purchases by geographic region

The results of this study, along with several other key industry trends/reports, are posted by the MIA’s Industry Research and Information Department on the MIA’s online industry statistics web portal.

To learn more about upcoming studies, go online to www.marble-institute.com/data.

A follow up report is being produced in July which will present a tw- year perspective with data provided by more than 400 fabricators.  An opportunity to participate will be given to fabricators who have not yet submitted their data.  Learn more at www.marble-institute.com/data.

The 2014 MIA Fabricator Benchmarking Survey was sponsored by Cosentino NA, KOHLER Co. and TENAX USA.

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