The Pier Review
Hi there!
Can’t believe it is June already! Summer is getting closer and closer which means the season of home renovations and upgrades is about to strike. I am thrilled to bring you another edition filled with Futaba’s updates, industry news, and August’s trade show information.
As always, if you have any questions or concerns, please contact us at sales@usfutaba.com or me at elizaveta@usfutaba.com. You will find all our contact information at the end of this newsletter if you would like to call us instead.
Meet Catalog 2024!
U.S. Futaba is delighted to introduce to you our updated catalog 2024. The catalog is available in both print and online versions. In the 2024 edition, you will find new products along with updated information about the existing ones. Click on this link to be transferred to the online catalog: https://catalog.usfutaba.com/ .
If you would like to have the print version, please let me elizaveta@usfutaba.com or sales@usfutaba.com know and we will send you a copy.
Also, which version of the catalog cover do you like more – light or dark?
International Woodworking Fair
It is in less than 3 months! Are you ready to immerse yourself in the world of woodworking and furniture hardware? We’re excited to announce that U.S. Futaba will be exhibiting at the International Woodworking Fair that will take place in Atlanta, GA, August 6 – 9! Stop by booth number C2146 to discover our latest products and solutions for the furniture hardware industry. Our team will be on hand to showcase our innovative offerings, answer your questions, and discuss how we can support your hardware needs.
The IWF is a biennial trade show that brings together professionals from all sectors of the woodworking industry, including manufacturers, suppliers, designers, and craftsmen. The IWF showcases a wide range of products, machinery, and services related to a massive woodworking world. It offers a great opportunity to explore the latest innovations, trends, and technologies of the industry.
Besides the vast exhibition floor, IWF features educational seminars, workshops, and demonstrations covering a variety of topics. Attendees are provided with an opportunity to learn about new techniques, best practices, and emerging trends from industry experts. But this is not it! Additionally, it is an excellent hub for forging connections with professionals from around the world and building valuable relationships within the global community.
Don’t miss this opportunity to find new products, chare insights and ideas, and make partnerships that can propel your business forward.
Please reply to this email and let us know if you are attending and want to set up an appointment so we can mark our calendars! We look forward to seeing you there!
Product Highlight
Euro Slides
Experience seamless drawer operation with the Single Extension Premium and Economy Euro Slides. Designed for durability and ease of usage, these slides bring a new level of convenience to your cabinet storage.
Enjoy gentle and controlled closure every time with the self-closing feature. Also, the locked-in position feature ensures drawers stay securely in place when extended. The slides usually come in white epoxy, but finish such as cream, black, and brown are available for a special order.
Single Extension Premium Euro Slide
Available in lengths from 10″ to 28″ to fit a variety of cabinet dimensions. With a load capacity of 100 lbs., this slide effortlessly supports heftier contents.
Single Extension Economy Euro Slide
Comes between lengths of 10” and 24” and the load capacity is reduced to 50 lbs. for less contents.
Transform your cabinets into functional and stylish storage solutions with the Single Extension Premium or Economy Euro Slides. Whether it’s for your kitchen, office, bedroom or another project, these slides deliver reliability and performance you can trust.
Contact us today by phone or email to order or ask any questions you may have:
- East Cost, Toll Free: (877) 293-0584
- East Cost: (757) 549-0036
- West Cost, Toll Free: (800) 821-4007
- West Cost: (714) 751-1593
- sales@usfutaba.com
Find catalog page here: https://catalog.usfutaba.com/28/
Industry News
Home Depot Invests in Customer Convenience!
Home Depot has made a bold move in its expansion strategy unveiling plans to launch four new distribution centers. This strategic initiative is designed to specifically target sales from home professionals, including contractors, remodelers, and other experts in the home improvement industry. These distribution centers will serve as crucial hubs to streamline the procurement process for professionals, ensuring they have easy access to a wide range of essential supplies and materials.
What’s particularly noteworthy about this announcement is the careful planning behind the placement of these distribution centers. Home Depot intends to strategically locate them across the country, optimizing logistics to ensure swift and reliable product delivery to professional customers nationwide. This meticulous approach underscores Home Depot’s commitment to providing unparalleled service and support to its professional clientele.
This move by Home Depot comes at a pivotal time in the market, as the housing industry experiences a significant surge in demand for home improvement products and services. With homeowners increasingly investing in renovations and upgrades, the timing couldn’t be more opportune for Home Depot to bolster its offerings for home professionals.
Houses? Sold Out!
The situation in the housing market leaves much to be desired. The Home Buyer Difficulty Index findings shed light on the significant obstacles encountered by individuals looking to purchase a house. These challenges include:
- Rising Home Prices: Prospective home purchasers are struggling with rising home prices, which are making it more and more challenging to purchase a home in numerous markets. The pattern of prices going up has worsened worries about affordability, especially for individuals buying a home for the first time and those with restricted budgets.
- Low Inventory Levels: The housing market is characterized by low inventory levels, with a shortage of available homes for sale. This scarcity of inventory has intensified competition among buyers, leading to bidding wars and driving up prices even further.
- Fierce Competition: Homebuyers are facing fierce competition from other buyers, particularly in markets where demand outstrips supply. The heightened competition has made it challenging for prospective buyers to secure a home, with properties often receiving multiple offers and selling quickly.
A surge in demand for houses and its low stock can indeed have both positive and negative effects on the woodworking industry and furniture hardware companies. Increased demand in houses = more furniture shopping = more furniture hardware. Especially with first-time home buyers, it is a good opportunity to bring into the industry expanded product lines.
However, since the demand is high, there is not enough time to build new houses. This fact, undoubtedly, slows the demand down.
Click on the button below to see the map of the affordability of a median-priced home throughout the states.