by Karl D. Forth
email@example.com FDMC 300
More changes good and bad in
FDMC 300 group of companies
More consolidations and closings reported in 2017.
After a relatively quiet year in 2016, there were more consolidations, expansions and company closings in the
FDMC 300 group of companies in 2017.
These changes happened as the industry logged another strong year.
Sales for the FDMC 300 group of companies grew 5. 4 percent in 2017 over the
previous year to $52.209 billion.
This group of the 300 largest North
American cabinet, millwork, furniture
and fixture manufacturers recorded a
sixth consecutive year of sales expansion
in 2017, the year just completed.
A year ago, sales for the FDMC 300
group of companies grew 5 percent in
2016 to $48.786 billion. (We adjusted the
2017 figure to $51.409 billion to make
the comparison with the previous year,
since there were some large additions
and subtractions in the list of companies.
We listed Masonite for the first time, for
example, a company with estimated sales
of more than $1 billion.)
Last year, there were several major
consolidations, but we identified only
one company in the group of 300 that
closed during 2016. That was the lowest
number in more than 20 years.
We identified five companies that
closed their doors in the past year or so:
KLN Manufacturing was based in
San Antonio, Texas, and made furniture
for student housing and the military, in-
cluding chairs, beds, nightstands, desks
and pedestals, wardrobes and wall units.
The company employed 200 in plants in
Grass Valley, California; Dallas and San
Antonio, Texas. We estimated sales to
be $50 million in 2016. Divisions were
Avteq, Avteq/Living, Dehler Manufacturing, and Thurston Manufacturing.
Great Lake Woods Inc. is reported
closed by a company source. An auction
of rough mill and woodworking machinery was held in mid-December. The
Holland, Michigan, company made wood
mouldings and wood products including rope, dentil, textured, embossed
and MDF profiles, components, contract
furniture, assemblies, ceiling systems,
mantels and wood blinds. The company
employed 100 and annual sales were