Important update impacting several of our manufacturing partners! Always monitor market shifts that affect sourcing, cost structures, and workforce planning.
Associate Partner at StraussGroup - Executive Search Consultants Buffalo Business First, 30 Under 30 - 2025
Big changes ahead for manufacturers, importers, and distributors in the building materials and furniture sectors. Starting October 14, new tariffs are set to take effect: 10% on lumber imports and 25% on kitchen cabinets, vanities, and upholstered wooden products. Rates are expected to climb again on January 1, up to 30–50% depending on the category. The intent is to protect domestic production, but it will likely drive up costs for builders and OEMs relying on imported materials. Many companies are already reviewing supply chain and pricing strategies heading into 2026. Good time to evaluate sourcing, cost structures, and vendor relationships before these changes hit. StraussGroup - Executive Search Consultants
