overall revenue. Some of these larger
companies reported lower sales, and
more companies were reported to have
closed than the previous year.
The FDMC 300 is a group of the
300 largest cabinet, furniture, millwork, store fixture, office/contract
and component producers in North
America. This annual summary of
wood manufacturing firms’ sales
performance is published annually by
The year 2017 was the sixth straight
in which these companies reported
sales increases, and this period of
growth has come after five consecutive
years of declines from 2007 to 2011.
Two years ago, we calculated annual
sales for this group of 300 companies to
be $46.404 billion for 2015. That was an
increase of 7 percent over $43.325 bil-
lion for 2014. That year’s sales increased
9. 3 percent over sales reported and
estimated for the year 2013.
We were not able to get updated
sales and employee numbers from
some privately held companies, but
were able to update at least some information on most of these firms. There
were adjustments in some company
information due to new data, mergers
Also, there were several companies listed last year that are no longer
included, along with new companies
and a few name changes and consolidations.
Several companies previously listed
were not included in 2017 because
they had sales just below the 300th
company. These companies are still
in operation and may be included in
In the period from the end of 2016
to the end of 2017, we identified five
companies that closed. In 2016, we
identified only one company in the
group of 300 that went out of business.
We will detail these changes and look
more closely at several key market segments in future issues of FDMC.
A detailed list of the top 25 companies and a summary of all 300 companies is included in our coverage in this
Additional information can be
found at www.woodworkingnetwork.
com. The full list of 300 companies is
also online. ✚
Here’s a look at the methodology we used for the 10 largest companies in the FDM 300:
1. Ashley Furniture Industries Inc. This company has
expanded manufacturing in Mississippi and North
Carolina in recent years, in addition to its large primary
operation in Wisconsin. Ashley also has manufacturing
operations in China and Vietnam. The sales figure was
provided directly by the company and does not include
estimate of retail store sales.
2. Steelcase Inc. Sales for company’s fiscal 2017 were down
1 percent from the previous year. Plant location and
division information are the same.
3. Andersen Corp. Sales number is our estimate for 2017,
adjusted from the previous year and online sources. No
new information from the company.
4. MasterBrand Cabinets. Fortune Brands Home and
Security’s kitchen and bath cabinetry segment’s sales
figure is based on third quarter sales. This is the largest
domestic cabinet manufacturer.
5. Jeld-Wen Inc. This company went public recently, and restructured many of their operations. This is an estimate
based on third quarter window and door sales for North
6. Herman Miller Inc. Information is from the company’s
annual report. Sales increased for the publicly traded
office and contract company.
7. Haworth Inc. Revenue reported in February 2017 is for
the most recent fiscal year. Sales were up more than 6
percent over the previous year.
8. HNI Corp. Sales number is based on third quarter sales
for the office furniture segment.
9. Masonite. Company is publicly traded, and the annual
sales figure is based on the third quarter reported sales.
10.La-Z-Boy Inc. Sales represent fiscal 2017 sales for the
company’s upholstery and casegoods segment, and were
higher. Retail segment not included here.
Analysis of the Top 10 FDMC 300 companies