James Gould

Mr. James Gould

President, The Floor Covering Institute


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GLG News by Mr. James Gould, President

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

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China’s Economy and Construction Boom Creates Huge Floor Covering Potential

November 6, 2009

World Bank Raises Forecast for China's Economy | www.nytimes.com

A new, 40 billion square meter floor covering market is expected to emerge in China between now and 2025. The urbanization of China continues and is expected to increase its cities’ population by another 350 million people, creating demand for as many as five million new buildings. Every square meter of new construction will require floor covering. Ultimately China may be the world's largest floor covering market; Mohawk Industries, Shaw, Armstrong World Industries and Tarkett should take heed.

Chinese Log Shortage

August 13, 2009

China facing the brunt of a pending log supply shortage | www.theotherrussia.org

Having stripped its own country of a considerable amount of its natural forests, China has run into roadblocks to the continued growth of their importing needs. Surprisingly, the slowdown in the world economy has had little impact on the growing global demand for China to continue supplying finished products. Chinese exports are down considerably but demand is still very strong leading to the shortage. It is real and will become much worse as the economy improves.

The Free Market is a Beautiful Thing

June 1, 2009

China facing the brunt of a pending log supply shortage | www.theotherrussia.org

Government controlled economies will prove themselves to have little or no control of the global market; their attempts will backfire. An Open Global Market will always find the best sources of supply regardless of governmental interference.

Light at the End of the Tunnel?

May 12, 2009

SAP CEO Sees Signs of Economic Recovery | www.forbes.com

Everyone is anxious to see the first signs of an economic recovery.  Recent numbers have given fuel to the most optimistic that we have reached bottom and are coming out of this recession.  A closer look at the data reveals that the recovery still has a number of major obstacles to clear before we can move forward.

Housing Down, Vendors Not Out

January 9, 2008

Florida's Existing Home Sales,Median Price Down in May 2007 | www.floridarealtors.org

The depressed housing market has caused headaches for all domestic building material suppliers (Mohawk Industries, Home Depot, etc.).  At the same time the weak dollar has created opportunities that manufacturers can use to offset their loss with new business.

Anything But Oak by Floor Covering Institute LLC

October 31, 2007

A Man Has a Plan To Harvest a Forest In Ghanaian Lake | www.modernghana.com

American consumers are asking for more choices in wood flooring. “Anything but oak" means an increased demand for exotic woods from rare, slow growing trees. Finding sources such as old buildings or lake bottoms avoids cutting down live trees and, therefore, is encouraged by most environmentalist. If the logs remain very cold in the water, they can be recovered without structural deterioration. Moisture content can be reduced to acceptable levels for flooring manufacturing under skilled and appropriate air and kiln drying. Ghana should be pleased with the export income. The cost of acquisition and processing these logs will be higher than newly cut trees so the end product will be more expensive. Depending on the species of wood that is being harvested, finding these sources creates a winning proposition for everyone. The consumer receives a unique floor without disrupting the environment. Jim Gould President Floor Covering Institute LLC jgould@floorcoveringinstitute.com    

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