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Robbins President & CEO, James H. (Jay) Stoehr III, Featured in September Issue of HMR Executive™
Cincinnati, Ohio,
September 10, 2008 – Jay Stoehr, a hardwood flooring industry veteran of more than 30 years, was recently asked by HMR Executive to share his views on the differences and similarities between the sports surfaces and residential markets, and how economic conditions in one market segment can affect the other. Topics ranged from system design complexity, project scope, duration and funding mechanisms, to the connection between sports flooring lumber costs and the housing market. According to Mr. Stoehr, one of the biggest issues facing the sports flooring industry today is the potential for a dramatic and rapid increase in the cost of maple and plywood materials used to produce maple sports flooring systems when the residential market rebounds from the current downturn. “The last time we experienced a protracted residential downturn and subsequent rebound in 1991 - 1993, we saw close to a 100% increase in raw materials. We are most concerned about raw material availability as a result of reduced sawmill capacity moving forward, and the resulting impact this has on maple lumber price volatility.” To read all of Mr. Stoehr’s comments in their entirety and request a free copy of the September 2008 HMR Executive, please contact Robbins at info@robbinsfloor.com. Available while supplies last. * * * In addition to the HMR Executive, the Hardwood Market Report, in circulation continuously since 1922, is the authoritative source for market information regarding the hardwood industry. Their primary mission is to provide subscribers the best and most reliable pricing and market information available. * * * Robbins Sports Surfaces is the premier supplier of high performance maple and synthetic sports flooring systems to the arena, education, religious and fitness markets. In more than 60 nations around the world athletes compete and practice on millions of square meters of Robbins® Sport Surfaces. Professional and amateur alike know that when they play on a high performance Robbins® system they’ll be able to play at peak levels, safely and comfortably. The Stoehr family has been involved in the flooring industry for four generations and more than 100 years. Notable installations include the Ford’s Edison Institute Museum in Dearborn, Michigan, the National Gallery of Art in Washington, D.C., and the majority of the 30 NBA teams. In addition to Robbins Sports Surfaces, the Stoehr family also owns several other flooring related businesses, including Prolinea LLC, its residential business unit, and installation contracting companies in Arizona, California, and Florida. For more information, please call Robbins Sports Surfaces at 1-800-543-1913, email us at info@robbinsfloor.com, or visit www.robbinsfloor.com.
MEDIA CONTACT:
Ken Thomas
Vice President - Marketing
Robbins Sports Surfaces
1.800.543.1913
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