Caesarstone Ltd

Caesarstone Ltd., or Caesarstone (Hebrew: אבן קיסר‎, Even Qeysar), is a publicly traded company that engages in the production and marketing of quartz surfaces used for kitchen countertops, vanity tops, flooring, wall cladding and general interior design. The company was founded in 1987 and is traded on the NASDAQ in New York (CSTE). Headquarters are located in Kibbutz Sdot Yam in Israel, and its production facilities are in Israel and the USA. Its products are sold in approximately 50 countries around the world through a network of 6 subsidiaries and numerous distributors. Caesarstone Ltd. manufactures quartz surfaces in three different sites, two in Israel – Kibbutz Sdot Yam and the Bar Lev Industrial Zone near Karmiel, and in its new plant in Richmond Hill, GA, USA, since May 27, 2015. Its products, which are sold in over 50 countries around the world are used in the interior design of both residential and commercial buildings. Common uses of Caesarstone’s products include quartz surfaces for kitchen countertops, vanity tops, wall-cladding, flooring and interior design of commercial spaces such as offices, restaurants, hotels, museums, and more. Caesarstone’s main competitors are companies that make use of materials such as lamination and natural stone, and other companies that manufacture quartz surfaces such as Superior Zodiaq, Silestone and Cambria. There were reports of over inflated Caesarstone figures in their Annual Reports to investors. Caesarstone is criticized for marketing inflated Quartz content at 93% instead of actual quartz content at nearly 88-89% to reduce its losses. The name Caesarstone comes from the company’s location near Caesarea.[2]

Bank Name Caesarstone Ltd
Stock Exchange NASDAQ
Symbol CSTE
Sector Basic Materials
Industry Building Materials
Country United States
World Region Amarica
Chairman
CEO Mr. David Cullen
Employees 1545
Website www.caesarstone.com
Registered Year 1987

 

UpdateContent
UpdateContent
UpdateContent