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FDMC 300

Watson Furniture completes multi-million dollar expansion, technology upgrades

POULSBO, Wash. – Watson Furniture Group has completed a multi-million dollar upgrade and expansion, that includes a 10,000-square-foot warehouse addition and new equipment for the production of contract furniture.Watson President CK McKenzie said the upgrades will improve capacity, reduce waste, and safeguard the supply chain. “While the market is slower, we’re taking the time to invest in more space, equipment, and employee training,” he added. “We’re ready to run when the market bounces back.”

FDMC 300

Watson Furniture completes multi-million dollar expansion, technology upgrades

POULSBO, Wash. – Watson Furniture Group has completed a multi-million dollar upgrade and expansion, that includes a 10,000-square-foot warehouse addition and new equipment for the production of contract furniture.Watson President CK McKenzie said the upgrades will improve capacity, reduce waste, and safeguard the supply chain. “While the market is slower, we’re taking the time to invest in more space, equipment, and employee training,” he added. “We’re ready to run when the market bounces back.”
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Cabinets

1847 executes Letter of Intent to sell 1847 Cabinets Inc. for $27.6 million

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.

Canadian News

FDMC 300

Watson Furniture completes multi-million dollar expansion, technology upgrades

POULSBO, Wash. – Watson Furniture Group has completed a multi-million dollar upgrade and expansion, that includes a 10,000-square-foot warehouse addition and new equipment for the production of contract furniture.Watson President CK McKenzie said the upgrades will improve capacity, reduce waste, and safeguard the supply chain. “While the market is slower, we’re taking the time to invest in more space, equipment, and employee training,” he added. “We’re ready to run when the market bounces back.”
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Cabinets

1847 executes Letter of Intent to sell 1847 Cabinets Inc. for $27.6 million

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.

Wood

FDMC 300

Watson Furniture completes multi-million dollar expansion, technology upgrades

POULSBO, Wash. – Watson Furniture Group has completed a multi-million dollar upgrade and expansion, that includes a 10,000-square-foot warehouse addition and new equipment for the production of contract furniture.Watson President CK McKenzie said the upgrades will improve capacity, reduce waste, and safeguard the supply chain. “While the market is slower, we’re taking the time to invest in more space, equipment, and employee training,” he added. “We’re ready to run when the market bounces back.”
googletag.cmd.push(function() { googletag.slots["js-dfp-tag-wwn-1x1"] = googletag.defineSlot("//83945039/WWN_1x1", [1, 1], "js-dfp-tag-wwn-1x1") .addService(googletag.pubads()) ; googletag.display('js-dfp-tag-wwn-1x1'); });

Cabinets

1847 executes Letter of Intent to sell 1847 Cabinets Inc. for $27.6 million

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.