The Rockheads Group (“RHG”), a private group of stone fabrication businesses, held its annual benchmarking meeting where over 60 individual members who represent more than 30 companies gathered in Portland, Oregon, to review and compare their financial statements. Members confidentially submitted their company financials to be utilized for benchmarking discussions with the purpose of learning from one another, sharing best practice standards and understanding their influence in the market within the two day event.
The sharing of priviledged data allowed members to analyze individual financial variables and provide their perspectives in each category in an effort to capitalize on areas of opportunity for their own businesses. Thanks to the culmination of data collected, the findings revealed RHG’s network represents the following within the stone fabrication industry:
- Over $600M in sales per year
- More than 3,400 employees
- Over 1M square feet of manufacturing facilities
- Over 8M square feet of stone fabricated and installed
- $2,714 average job sold
- Over $200k in installations per year
“Though we’ve hosted benchmarking meetings in the past, this year’s was particularly eye opening,” said Jon Kaplan, Managing Director of Rockheads Group. “There was a renewed sense of energy in the room. The review proved invaluable and made it clearer than ever that continuous knowledge sharing with other industry leaders will propel these companies forward in collective success.”
RHG member Precision Countertops opened the doors of their Wilsonville location to the Group, offering tours of their 12,000 square foot fabrication shop. During the visit, members took note of Precision Countertops’ methods in fabrication, opertations and administrative processes. After touring the vast facilities, meeting sponsors Granite Gold, Daltile, Arthur J. Gallagher & Co., Imagilux and Laser Products set the tone for collaboration among members by presenting valuable information during roundtable discussions on how to maximize RHG affliation.
During the conference, Marqet Group, an agency focused on providing marketing support for surfacing industry fabricators and manufacturers, unveiled new branding for the Rockheads Group. The launch created a synergy of assurance for the direction of the organization who will now host quarterly meetings, the next of which is in St. Louis, Missouri, in the fall.
The Rockheads, coined as the industries most influential stone and surfacing fabrication companies, continue to gain momentum across the United States and have recently added new members in Texas, New Jersey, Ohio, Oklahoma, New York and Hawaii. The Group is currently implementing an aggressive expansion plan and will continue focusing their marketing efforts through their collaboration with Marqet Group.