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Compass American Furniture Manufacturing 2011 Annual Report

Posted: 03/07/2012 5:49AM

For the full fiscal years ended December 31, 2011, 2010 and 2009, American Furniture had net sales of approximately $105.3 million, $136.9 million and $142.0 million and operating income (loss) of ($35.2 million), ($37.1 million) and $6.5 million, respectively. American Furniture had total assets of $30.0 million, $78.3 million and $115.8 million at December 31, 2011, 2010 and 2009, respectively.


Wood Industry Optimistic for 2012 Sales

By Karen Koenig Posted: 02/07/2012 11:41PM

Representatives from the cabinet, residential furniture, office furniture, architectural woodworking, store fixture, components, panel and equipment industries share their projections.


Moderate to Good Wood Component Sales for 2012

By Karen Koenig Posted: 02/07/2012 10:47AM

Following a “rollercoaster” 2011, the components industry is forecasting moderate to good sales growth for 2012, from 3 to 10 percent or more, according to member surveys by the Wood Component Manufacturers Assn. (WCMA) and the Wood Products Manufacturers Assn. (WPMA).


Slight Dip for Office Furniture Industry in 2012

By Karen Koenig Posted: 02/07/2012 10:35AM

2012 shipments from U.S. based manufacturers are projected to reach $9.3 billion to $9.5 billion, down slightly from anticipated 2011 figures of $9.5 billion in sales, according to the Business & Institutional Furniture Manufacturers Assn.




Modest Growth in 2012 for Residential Furniture

By Karen Koenig Posted: 02/07/2012 10:26AM

Building on the modest growth seen in 2011, analysts are predicting 3.5 percent growth for residential furnishings for 2012, said Andy Counts, CEO of the American Home Furnishings Alliance.


Architectural Woodworking Sales Stay Steady in 2012

By Karen Koenig Posted: 02/07/2012 9:58AM

Overall, sales expectations for the architectural woodworking industry look to “mimic” 2011, with some sectors performing better than others, according to the Architectural Woodwork Institute.


Retail Environments Continue to Rebound in 2012

By Karen Koenig Posted: 02/07/2012 9:36AM

Research by the Association for Retail Environments (A.R.E.) has business continuing to show improvement for the third straight year. Following an estimated 10 percent growth in 2011, projections call for an additional 10 percent growth in 2012, although not all industry segments will achieve that same level, said Klein Merriman, executive director.


Cabinet Sales Hold Steady for 2012

By Karen Koenig Posted: 02/07/2012 9:18AM

Cabinet sales for 2012 look to be flat, with projections holding at $7 billion, the same as 2011, said Dick Titus, executive vice president of the Kitchen Cabinet Manufacturers Assn.


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