Business
Capstone Sees Minimal Effect from China Tariffs, Decrease in Container Prices Offsets Tariffs
ALSIP, IL / ACCESS Newswire / March 20, 2025 / Capstone Holding Corp (NASDAQ:CAPS), a building products holding company growing organically and by acquisition, has seen tariffs on its products imported from China increase in line with presidential ...
About this update from Capstone Holding Corp.
[{"type":"text","content":"ALSIP, IL / ACCESS Newswire / March 20, 2025 / Capstone Holding Corp (NASDAQ:CAPS), a building products holding company growing organically and by acquisition, has seen tariffs on its products imported from China increase in line with presidential orders. However, since the beginning of the year prices of containers from China to the USA have declined between 15% to 25%.","length":373,"tagName":"p"},{"type":"text","content":"As Kevin Grotke, CEO of the Instone operating business explained, "There is a fair amount of freight in our products and only the product cost is subject to tariff. So a 10% tariff typically will create a price increase to the customer of 3%-4%. With a 15% to 25% decline in container pricing, the tariffs as currently constructed are offset by decreased shipping costs."","length":381,"tagName":"p"},{"type":"text","content":"Matt Lipman CEO of Capstone Holding added "Kevin and his team have continued to demonstrate that the company has a nimble supply chain that was battle tested through Covid and the first Trump Administration's tariff regime. Despite the recent economic rhetoric, as interest rates decline, the housing shortage remedied and remodeling expenditures continue, we expect 2025 to be a solid year."","length":406,"tagName":"p"},{"type":"text","content":"About Capstone Holding Corp.","length":28,"tagName":"p"},{"type":"text","content":"Capstone Holding Corp. is a building products distribution company that has successfully grown its business organically and through well-timed acquisitions. We intend to use the distribution backbone of our operating subsidiary, Instone, which currently services 31 US states, to provide a value-added platform to make acquisitions. A key differentiator of the Company's strategy is that it maintains over half of its revenue from brands it owns or controls. Current products include stone veneers, landscape stone, and modular masonry fireplaces.","length":551,"tagName":"p"},{"type":"text","content":"Capstone's corporate headquarters is located in Alsip, Illinois.","length":68,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"Statements in this press release which are forward-looking and provide other than historical information, including but not limited to expected trad...