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National Hardwood Magazine - April 2022

In the April 2022 issue of National Hardwood Magazine, read about Powell Valley Millwork, Lita Abele, IHLA's "Aloha Indy!" event and much more.

In the April 2022 issue of National Hardwood Magazine, read about Powell Valley Millwork, Lita Abele, IHLA's "Aloha Indy!" event and much more.

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NWFA REVIEW<br />

NWFA WOOD FLOORING EXPO <strong>2022</strong>: THE PLACE TO BE IN APRIL<br />

WE ARE GRAF BROTHERS<br />

The world’s largest manufacturer of<br />

rift & quarter sawn white oak products<br />

If the attendance at the recent Indiana<br />

<strong>Hardwood</strong> Lumbermen’s Association,<br />

Appalachian <strong>Hardwood</strong> Manufacturers,<br />

Inc., and <strong>Hardwood</strong> Manufacturers<br />

Association shows are any indication, it<br />

appears that in-person conventions and<br />

trade shows are back with a vengeance<br />

in the <strong>Hardwood</strong> industry. After two years of delays,<br />

cancellations, and general uncertainty, it has been<br />

encouraging to see so many packed meeting rooms and<br />

busy show floors at our industry events.<br />

And with good reason. In conversations with NWFA<br />

members across the wood flooring supply chain,<br />

including manufacturers and suppliers of <strong>Hardwood</strong><br />

lumber, many indicate that after a rough start in 2020 due<br />

to cancellations and closings, the year ended up being<br />

one of their most successful ever. And 2021 is looking<br />

like it will be a good year as well as demand for wood<br />

flooring continues to grow. According to Market Insights,<br />

wood flooring is estimated to have grown by 13.5 percent<br />

in total market share for 2021. Growth is predicted for<br />

<strong>2022</strong> as well.<br />

Which is why the NWFA is expecting a good turnout for<br />

its Wood Flooring Expo this month. The show will be held<br />

<strong>April</strong> 12 – 14 in Tampa, Florida at the Tampa Convention<br />

Center. This year’s event will feature 40-plus hours of<br />

industry-specific education and product demonstrations,<br />

340-plus booths on the trade show floor, and more than<br />

50 networking opportunities, including a Manufacturer &<br />

Distributor Reception where you can forge new business<br />

relationships, and strengthen existing ones.<br />

This year’s keynote speaker will be Elliot Eisenberg,<br />

Ph.D., the Bowtie Economist, an<br />

internationally acclaimed economist and<br />

public speaker specializing in making<br />

economics fun, relevant, and educational.<br />

Formerly a Senior Economist with the<br />

<strong>National</strong> Association of Home Builders,<br />

Eisenberg will provide insights on the<br />

economy, labor and supply chain issues, inflation,<br />

reducing risk, staying ahead of the financial curve, and<br />

more. The session is included in the Expo registration,<br />

and will be held on Tuesday, <strong>April</strong> 12 at 8:00 a.m.<br />

New this year will be a pre-show education session for<br />

business owners: Succession Planning & Combating New<br />

Tax Proposals – Assuring the Successful Continuation<br />

of Your Company. This in-depth planning session will<br />

be held on Tuesday, <strong>April</strong> 12 from 1:00 p.m. – 3:30 p.m.<br />

During the session, business owners will learn tools and<br />

strategies in the areas of business succession, wealth<br />

preservation, and the eventual transition of assets.<br />

Special attention will be given to the impending proposed<br />

changes to federal estate tax and capital gains tax laws.<br />

An additional registration fee is required.<br />

Another new show feature this year will be a fourpart<br />

Business Plan Workshop. Expo participants who<br />

attend will learn why business plans are essential for<br />

successful outcomes, how to conduct market analysis,<br />

how to establish short-term and long-term goals, how to<br />

formalize your legal structure, how to secure funding, and<br />

more. Those who attend all four sessions will walk away<br />

with a fully developed, and executable business plan that<br />

will help them be more effective, efficient, and profitable.<br />

The full workshop is included in the registration fee.<br />

We have the experience, the capacity and state-of-the-art<br />

manufacturing equipment to handle all your White Oak needs.<br />

PARTNER WITH THE ORIGINAL GRAF BROTHERS!<br />

Please turn to page 71<br />

BY MICHAEL MARTIN,<br />

PRESIDENT & CEO,<br />

NATIONAL WOOD FLOORING ASSOCIATION,<br />

CHESTERFIELD, MO<br />

800-422-4556<br />

WWW.NWFA.ORG<br />

QUALITY / LOYALTY / TRADITION<br />

606-932-3117<br />

sales@grafbro.com<br />

26 APRIL <strong>2022</strong> n NATIONAL HARDWOOD MAGAZINE<br />

www.grafbro.com

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