1847 Cabinets expands relationship with leading home builder company

1847 Cabinets, which in  February filed an IPO application with the Securities and Exchange Commission, has expanded its relationship with an unnamed Nevada home builder.

Photo By 1847 Holdings

NEW YORK -- 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has entered into an expanded agreement with one of the nation's largest homebuilders, as its exclusive provider of windows for all new residential construction projects in the Reno, Nevada, metropolitan area.

1847 Cabinets Inc. is a subsidiary of 1847 Holdings LLC, a holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company.

Glyn Milburn, Vice President of Operations for 1847, said, "We began our relationship with this leading national home builder by initially providing door installations, and expanded the scope of work to include window installations, including high-end homes. Our recent selection as their exclusive provider of windows in the rapidly growing Reno residential market is a testament to the quality of our work, customer service and the value proposition we provide our customers. Moreover, we look forward to building on this relationship and expanding into additional geographic markets. We are also leveraging our track record to sign on new home builders and expand our relationships with existing builders. None of this would have been possible without the strategic investments and support of 1847 Holdings."

Ellery W. Roberts, CEO of 1847, added, "1847 Cabinets continues to experience rapid growth, which further validates our recent investments and illustrates the value 1847 Holdings brings to our portfolio companies. We believe this expanded relationship will generate an incremental $2 million of high-margin, annualized revenue. I would especially like to thank our lender, which provided us with non-dilutive capital to fund our expansion, thereby enabling us to maximize value for shareholders. The commitment of our lender also reinforces the strength of our balance sheet, as well as our internal financial controls and procedures."



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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).