NEW YORK — 1847 Holdings LLC, a holding company, announced the execution of a non-binding Letter of Intent with a prospective strategic buyer to sell all assets of 1847 Cabinets Inc.Under the terms of the LOI, the buyer has proposed an enterprise value of $27.6 million for the acquisition of all assets of 1847 Cabinets Inc. The amount, the company said in a statement, represents a 5.91x multiple of 2023 EBITDA of approximately $4.7 million.

Crowds packed the Schaumburg Convention Center for the 2024 Closets Conference & Expo, co-located with Wood Pro Expo Illinois.

Cabinet manufacturers reported overall cabinet sales were down 5.6% for February 2024 compared to the same month in 2023.In January, cabinet manufacturers reported overall cabinet sales were down 7% for compared to the same month in 2023. 

The Kitchen Cabinet Manufacturers Association (KCMA) has recognized Natalia Pierce, CMKBD, from Detail by Design studio in Ontario, Canada as its first-place winner in the association’s first KCMA Design Awards competition.

Uniboard regional sales manager Sena Wilks will present "TFL: Exceptional Design, Durability and Sustainability in a High-Value Decorative Panel" during Closets Expo.

RESTON, Va. — The Kitchen Cabinet Manufacturers Association released a statement applauding what it calls positive steps to "stop unfairly traded Chinese cabinet and components parts being moved through Malaysia and Vietnam, circumventing the anti-dumping and countervailing duty orders on wooden cabinets, vanities and components thereof (“WCV”) from China."

Influential book revisited, updated and revised for the 21st century cabinet shop.

Join us in Schaumburg, Illinois, for three days of education, inspiration and networking.

Modern styles, luxury amenities, and technology are this year's top interior design trends.