This year we encountered relatively few companies that have gone out of business and closed. Certainly fewer than could be expected in such a difficult year. There were also a few consolidations, which is encouraging – people are seeing value in existing companies. In 2010 many of the woodworking industry market segments reported encouraging news. In our research of the FDM 300 companies we saw more secondary woodworking firms reporting 2010 sales similar to 2009, or down only slightly. Some companies are reporting stronger sales in 2010, a rarity in the previous year.
Here are a few other observations:
Thanks to those companies that did provide us with information this year. It is really appreciated.
This year's NeoCon was an affirming experience.
Sales for the FDM 300 group of companies fell 10.7 percent in 2008.
The manufacturing exodus doesn't have to be happening.
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.