The cabinetry and closets/home organization segment remained relatively steady in terms of overall sales, despite the impacts of acquisitions, expansions, closures, and offshore competition.
Combined 2024 sales for the 119 FDMC 300 manufacturers in this segment were slightly more than $15.2 billion and accounted for 20.8 percent of the overall FDMC 300 sales total of $73.3 billion.
The FDMC 300 is an annual report published in April that tracks North America’s largest wood products producers and ranks them by sales. (See about the FDMC 300, below.)
Changes in the FDMC 300
This year saw several changes to the list, including the addition of Brooks Brothers Cabinetry (#288), Ideal Cabinetry (#129), and Specified Components Co. (#216). There was also growth through acquisitions or expansions. Of note are:
- • MasterBrand’s (#6) acquisition of Supreme Cabinetry Brands from GHK Capital Partners. The $520 million deal for the Dura Supreme and Bertch brands, was completed in July 2024.
- • Another fast-growing cabinet company got bigger when Fabuwood (#37) acquired Plain & Fancy Custom Cabinetry (#277) in 2024. Terms of the acquisition, announced Sept. 9, were not disclosed, with Plain & Fancy retaining its name, identity, and fully custom offerings. In January 2025, Fabuwood also announced its West Coast expansion, including opening a state-of-the-art manufacturing facility in Tijuana and distribution center in Southern California.
- • Bellmont Cabinet Co. (#88) expanded in 2024, acquiring Cabinets Northwest, a manufacturer of multifamily cabinetry.
Companies also grew, or are growing, through facility expansions. Among them:
- • Miralis (#171) commissioned a second cabinet plant next to its flagship location, with the goal of manufacturing approximately 250 cabinet boxes a day by 2027 at the highly automated facility. It also opened a new countertop manufacturing plant. The new facilities represent a combined investment of $45 million.
- • Valley Cabinet Inc./Valley Custom Door (#161) broke ground in September on an 87,768-square-foot manufacturing, assembly, and office building, its second in De Pere, Wisconsin and third overall. Completion is set for early 2025.
- • Expansion is also underway at Showplace Cabinetry (#77). The $25 million investment over the next two years will increase the frameless cabinet plant from 76,800 square feet to more than 180,000 square feet, with space for new state-of-the-art equipment and increased production capacity.
- • TrustPoint Cabinetry/Wisenbaker Mfg. (#103) is also ramping up production at its new 450,000-square-foot Bammel manufacturing plant in Texas.
On the downside, 2024 and 2025 also saw their share of negative news.
A few companies announced plant consolidations to save costs and streamline production, including Cabinetworks Group (#10), which closed its Thompsontown, Pennsylvania, assembly plant in December, impacting more than 400.
Despite brief hopes of a reprieve, 2024 also saw longtime cabinet manufacturer Haas Cabinet shutter its doors after 85 years. Its assets were liquidated in April.
Starved Rock Wood Products (#267) also shuttered its doors after 30 years in business. According to Shaw News, the cabinetry and millwork manufacturer decided to cease operations at its 150,000-square-foot complex after financial consultants reviewed its ability to compete in a challenging market.
Finally, down but not out, owners of Tri-Star Cabinet & Top Co. (#299) have vowed to rebuild after a mid-October blaze nearly destroyed the company.
Moving forward: industry outlook
Although a small recovery was projected for 2025, the latest NKBA/John Burns Q1 2025 Kitchen & Bath Market Index (KBMI) shows industry professionals are revising their growth projections to a more tempered outlook. The KBMI dipped from 59.7 in Q4 2024 to 55.1 in Q1 2025, with the 2025 revenue growth projection now averaging 3.1%, down from the 3.7% projected in Q4 2024 as economic concerns and the impact of tariffs and other policy shifts have weakened consumer demand.
“There’s no doubt that uncertainty around tariff policies and other macroeconomic factors is heavily influencing the K&B industry’s more muted outlook for 2025, as well as consumer behavior,” said NKBA/KBIS Global President & CEO Bill Darcy. “As we wait for more answers to come into focus about the extent and longevity of these impacts, we know that our industry will continue to be resilient and find ways to meet these evolving challenges.”
Likewise, although the Kitchen Cabinet Manufacturers Association’s March Trend of Business Survey shows a year-over-year drop of 4.0% in March compared to 2024 figures, the month-over-month change is positive, with sales up 12.5% compared to February, and cabinet quantity up 10.2%. Estimated overall market sales in March were $2 billion, up 4.2% from February, with the projected cabinet quantity at 5.6 million, a 2.0% increase from the previous month’s estimates.
While cautiously optimistic, those in the closets and home organization segment are also seeing sales influenced by tariffs and other economic factors.
“ACSP members are taking a neutral stance on 2025 projections, though concerns are mounting. Many are already observing increased consumer hesitancy, with clients voicing uncertainty about the economy and the impact of tariffs. Some have noted rising material costs as a direct result of tariffs, making it harder to price competitively,” said Amanda Conger, executive director of the ACSP-Association of Closet & Storage Professionals. “While they aim to stay optimistic, there’s a sense that spending may decline in 2025 compared to 2024. Most members are holding off on major expansions or investments until the economic outlook becomes clearer.”
Conger added, “The leading concern among ACSP members is how continued economic instability — particularly tariff-related price increases — will affect consumer behavior and overall demand. Some members have already had vendors delay or cancel product launches, which adds further strain to planning and sales forecasting.”
Manufacturers’ perspectives
FDMC 300 firms range from adopting a wait-and-see approach to cautiously optimistic, and in some cases, optimistic.
Rick Odom, vice president of Manufacturing, noted TrustPoint Cabinetry/Wisenbaker Mfg. (#103) is projecting double-digit growth for 2025 since adding a new 450,000-square-foot facility. “[We’re] currently ramping up production now, but it is [already] operational.”
“I see the first half of 2025 slower than expected as people take a wait-and-see approach,” said JW Coady, CEO of Nations Cabinetry (#185), which produces cabinetry for the kitchen and bath, as well as other rooms in the home. “The tariff impact will be felt in the second half of the year and drive more opportunities for companies like Nations, which are true domestic manufacturers.”
“Our outlook for 2025 is cautiously optimistic,” added Alicia Barker, president of Organizers Direct Industries (#167). “Uncertainty around tariffs and inflation is causing hesitation, but we believe demand is still there. If trade conditions stabilize, especially under USMCA, we expect modest growth by year-end.”
Barker continued, “Our biggest concerns are trade instability — particularly around U.S.-Canada relations — and the rising cost of domestic materials and labor. The custom home storage industry relies heavily on materials and components sourced from both the U.S. and Canada, and maintaining duty-free access under USMCA is critical. Continued tariff threats create pricing unpredictability for both manufacturers and customers.”
“A concern I have is the strength of supply lines,” Coady added. “As an example, we have lost 5 billion board feet of lumber production since COVID. As the economy and demand have cooled, manufacturers have reduced their capacity. We know U.S. housing production has a 3 -4 million home deficit. When rates allow people to come back into the market, demand will spike, and lead times will rise considerably.”
Odom also cited “tariffs and the unknown amount by region, and what effect they will have on the U.S. economy and housing sales,” as a top concern. “Labor is also an issue everywhere you look, so we will need to be intentional about getting labor and keeping it.”
Growth opportunities
Despite ongoing concerns, optimism and opportunities exist, especially for those investing in domestic manufacturing.
Like WBS, which recently added capacity, Nations is also focused on increasing its internal manufacturing capabilities. “I believe that tariffs will expose companies that rely on imported products to cost and delivery fluctuations,” Coady noted. “This opens up more opportunities for U.S. cabinet manufacturers.”
For closet firms too. “There’s a general belief among ACSP members that U.S.-based manufacturers have a competitive edge right now, given their reduced dependency on international suppliers,” Conger noted. “This could open doors for companies that can adapt quickly. The big question is whether businesses across the industry can pivot effectively to seize those opportunities while weathering ongoing economic challenges.”
“Consumers are still investing in their homes, especially in functional and aesthetic upgrades like custom closets and storage,” Barker said. “There’s an opportunity for the industry to reset value expectations and emphasize long-term benefits. Ongoing threats of extreme tariffs and inflation are recalibrating consumer price expectations. Once the dust settles, the cost of custom home organization will likely be higher than it was — but still well below what customers feared it could become. As a result, many may come to view current pricing as a relative ‘deal.’”
“For the industry at large,” Barker added, “there’s a huge opportunity to tell a stronger value story. Home improvement businesses are learning to sell not just a product, but a lifestyle improvement. Even in uncertain times, consumers will spend on what improves their daily life — especially if it feels like a smart investment in home value and personal well-being.”
About the FDMC 300
The FDMC 300 is the woodworking industry’s oldest recognized ranking of the largest North American manufacturers of wood and panel products. The 2025 FDMC 300 is sponsored by (in alphabetical order): Daubert Chemical Co., DVUV, IMA Schelling Group, Panel Processing Inc., SATA, and Vortex Tool Co.
The 39th annual report was published in the April issue of FDMC magazine. Updates of the FDMC 300 firms and the various industry segments are posted throughout the year at WoodworkingNetwork.com/FDMC300. For questions or inclusion in the FDMC 300, contact Karen Koenig at [email protected].
Top 20 cabinetry, closets and related firms in the FDMC 300
Below is a list of the top 20 cabinetry and closets/home organization manufacturers in the FDMC 300. Rankings are based on 2024 sales, with information provided by the companies, our research, or recognized sources. *Due to the fact that many companies are privately owned, the number provided is considered an estimate.
#6: MasterBrand Inc., Beachwood, OH (HQ). Divisions: Aristokraft, Bertch, Decora, Diamond, Dura Supreme, Fieldstone Cabinetry, HomeCrest, Kemper, KitchenCraft, Mantra, Mid-Continent Cabinetry, Omega, Schrock, Starmark, Thomasville, UltraCraft, Urban Effects Cabinetry. *2024 sales: $2.7 billion (FY).
#10: Cabinetworks Group, Livonia, MI. Divisions: Cardell®, Concepts, Design-Craft® Cabinets, KraftMaid®, MasterCraft™, Masterpiece® Collection, Medallion®, Medallion Cabinetry, Merillat®, Modico™ by Schuler, Quality Cabinets™, Schuler®, Serenade™, Smart®, Yorktowne®. *2024 sales: $2 billion.
#12: American Woodmark Corp., Winchester, VA. Divisions: American Woodmark, Shenandoah Cabinetry, Waypoint Living Spaces, Timberlake, 1951, PCS, SageHouse Cabinetry, Allen+Roth, Hampton Bay, Estate, Glacier Bay, Home Decorators, Project Source, Stor-It-All, Style Selections, Continental Cabinetry. *2024 sales: $1.847 billion (FY)
#26: MJB Wood Group LLC, Cedar Hill, TX. Divisions: Cabinets, RV & Transportation, Millwork & Doors, Fixture & Furniture, Mexico, Imports, OSB. *2024 sales: $550 million
#32: The Container Store Custom Spaces, Coppell, TX. Divisions: Elfa, Avera, Preston (C-Studio Mfg.). *sales: $457.8 million (FY23: Custom Spaces+Closets)
#37: Fabuwood, Newark, NJ . Division: Plain & Fancy. *2024 sales: $400+ million
#40: Patrick Industries Inc., Elkhart, IN. Divisions: Adorn, AIA Countertops, Cana Cabinetry, Chaparral, Creative Wood Design, Décor, Decorative Dynamics, Fusion Wood Prod., Interior Components Plus, Middlebury Hardwood, Nickell Moulding, NA Forest Products, NA Moulding, Premier Concepts, The Studio, TopLine Counters. *2024 sales: $300.9 million (FY-Manufactured Housing-mfg)
#42: ClosetMaid / Griffon Corp., Orlando, FL. *2024 sales: $300 million (FY est)
#45: Genesis Products, Goshen, IN. Divisions: Cabinets & Storage, Recreational Vehicle Interiors, Office & Education, Furniture, Transportation, Drawers, TFL. *2024 sales: $270 million
#47: W W Wood Products Inc., Dudley, MO. Divisions: Shiloh Cabinetry, Eclipse Cabinetry, Aspect Cabinetry. *2024 sales: $254 million
#51: Wellborn Cabinet Inc., Ashland, AL. Division: Cabinetry by Karman. *2024 sales: $239 million
#61: Quanex Custom Components, St. Cloud, MN. *2024 sales: $198.4 million (FY)
#62: Kith Kitchens, Haleyville, AL. Divisions: Kith Kitchens and Mouser Cabinetry. *2024 sales: $198 million
#65: Koch & Co., Seneca, KS. Divisions: Koch Cabinet, Koch Doors. *2024 sales: $190 million
#66: Wood-Mode LLC, Kreamer, PA. Divisions: Wood-Mode, Brookhaven. *2024 sales: $190 million
#69: Republic Elite, Marshall, TX (mfg.) Divisions: Republic Industries; Elite Multifamily Interiors. *2024 sales: $179.6 million
#73: Conestoga Wood Specialties Inc., East Earl, PA. Divisions: Custom, OEM, Dimension. *2024 sales: $170 million
#77: Showplace Wood Products, Harrisburg, SD. *2024 sales: $147.3 million
#81: Marsh Cabinets/Marsh Furniture Co., High Point, NC. Division: Marsh Lumber Co. *2024 sales: $135 million
#82: Kent Moore Cabinets Ltd., Bryan, TX. *2024 sales: $134 million
View information on all the companies in the 2025 FDMC 300 at WoodworkingNetwork.com/FDMC300.
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