Capstone Holding Corp (NASDAQ:CAPS), a building products holding company growing organically and by acquisition, has seen the thin brick veneer product group at its Instone business grow over 30% relative to last year. To respond to customer demand, under the Toro Stone brand it is proud to announce the launch of its latest product group, 'Linear Brick.'
Drawing inspiration from the timeless bricks that grace Italy's historic structures, Linear Brick embodies elegance and enduring style. It is offered in three distinct palettes.
Over the past five years, the thin brick market has experienced notable growth, driven by its aesthetic appeal, durability, and cost-effectiveness. The adhered veneer segment has emerged as the most rapidly expanding type, primarily because of its ease of installation and cost-effectiveness.
"At Toro Stone, we are dedicated to blending traditional craftsmanship with modern design," said Kevin Grotke, CEO of the Instone operating business. "The introduction of Linear Brick reflects our passion for creating products that not only meet but exceed the expectations of our customers, providing them with versatile and aesthetically pleasing options for their projects."
Matt Lipman CEO of Capstone Holding added "Kevin and his team have been great at identifying market trends and using one of their key brands, "Toro Stone" to design attractive and innovative products that will continue to drive exceptional growth in this product category."
CAPS shares 30 cents, or 10.1%, to $2.68.
