Date: 2011-01-31
Here is the entire listing of the 300 largest cabinet, furniture, millwork and office/contract manufacturers for 2010.
The complete list of FDM 300 companies is available.
After one of the worst years ever in 2009, sales for the FDM 300 group of companies had a recovery of sorts in 2010 – but still were down. We estimate that sales for this group of companies amounted to $38.49 billion for the year 2010. That’s a decrease of 6.4 percent from 2009 sales of $41.12 billion.
Here is a complete list of the FDM 300, a group of the 300 largest cabinet, furniture, millwork, store fixture, office/contract and component producers in North America. The sales figures or estimates are included for all 300 companies.
We were optimistic about sales being approximately even in 2010, but a few companies had big sales declines. A number of other privately held firms did not provide a sales figure. The 2009 figure represented a 19 percent decrease from 2008 sales of $50.71 billion. Sales peaked at $57.96 billion in 2006.
Our estimate for number of employees in the FDM 300 for 2010 was 275,870, a decline of 3.3 percent from 285,447 in 2009. The employment figure is almost certainly lower – most companies did not offer an updated number. Employment fell 15 percent in 2009. Our estimate of number of employees was 337,861 in 2008.
Companies that survived the past few years are hoping for a positive sales year in 2011, and indications are that more companies in this group will achieve that level. Economists are predicting growth of three percent in 2011.
There are 11 companies that were in the FDM 300 in 2009 but are not on the current list. A more detailed report on these companies will follow. Most of the 11 companies that were added were firms that had sales just too low to be included in 2009.
Updated: Oct 20, 2011
This article appeared in CabinetMakerFDM, March 2011. ©Copyright 2013, All Rights Reserved.