Overall, 2024 was a relatively stable year for the FDMC 300, a ranking of the largest wood products manufacturers in North America. Some companies saw sales growth, some experienced slight declines, and many remained at the status quo. We also saw some companies depart for various reasons and welcomed a few new ones to this distinguished list.

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.

As a group, sales for the FDMC 300 — which includes manufacturers of furniture, cabinetry, architectural millwork, flooring, windows/doors, retail fixtures, closets/home organization, and other wood-related products — totaled $73.3 billion. (See About the FDMC 300, below, for information on how the list is determined.) 

See which companies made the list: FDMC 300 2025 rankings

At 44.7% furniture manufacturers comprised the largest dollar segment in this year’s group. As with last year, sales by contract furniture manufacturers outpaced residential, accounting for 23.4% and 21.3% respectively. This could be due in part to an uncertain housing market and the refurbishing of offices to attract employees back to on-site work. How this plays out in 2025, plus the impact of tariffs is yet to be determined.

Meanwhile, sales by manufacturers of cabinetry and closet products comprised 20.8% of the overall total, a percentage similar to last year. The retail fixtures and architectural woodwork segments remained relatively unchanged, accounting for 2.4% and 2.0% of the overall total. The specialty products segment, which includes musical instruments, was at 2.3%. Finally, the fenestration and flooring segment remains strong, accounting for 27.8% of FDMC 300 companies’ overall sales total. 

The economy, labor recruitment and retention were among the top concerns in 2024 and continue to be in 2025, especially regarding tariffs. That said, many FDMC 300 respondents are projecting growth in 2025 — how much is yet to be determined. 
An in-depth look at some of the market segments will be included in upcoming issues of FDMC magazine.

FDMC 300 Top 25 companies
Below is a list of the Top 25 companies in this year's FDMC 300, along with a link to #26-#300. The ranking is based on 2024 sales information. Due to the fact many companies are privately owned, the number provided is considered an estimate unless otherwise designated by FY-IR (Fiscal Year-Investor Relations report). In some cases, the information may be based on our own research or from recognized sources, and also is considered an estimate. 

1. Ashley Furniture Industries Inc.
   Main Location: Arcadia, WI
   Annual Sales: $6.85 billion (excludes retail)
2. MillerKnoll
   Main Location: Zeeland, MI
   Annual Sales: $3.6 billion (FY-IR)
3. Andersen Corp.
   Main Location: Bayport, MN
   Annual Sales: $3.6 billion
4. Steelcase Inc.
   Main Location: Grand Rapids, MI
   Annual Sales: $3.2 billion (FY-IR)
5. Jeld-Wen Inc. (North America)
   Main Location: Charlotte, NC
   Annual Sales: $2.708 billion (North America) (FY-IR)
6. MasterBrand Inc.
   Main Location: Beachwood, OH (HQ), Jasper, IN (largest plant)
   Annual Sales: $2.7 billion (FY-IR)
7. Haworth Inc.
   Main Location: Holland, MI
   Annual Sales: $2.5 billion
8. Woodgrain
   Main Location: Fruitland, ID
   Annual Sales: $2.5 billion
9. Pella Corp.
   Main Location: Pella, IA
   Annual Sales: $2.1 billion
10. Cabinetworks Group
    Main Location: Livonia, MI
    Annual Sales: $2 billion
11. HNI Corp.
    Main Location: HNI: Muscatine, IA. Kimball: Jasper, IN 
    Annual Sales: $1.888  billion (FY-IR)(Workplace Furnishings segment)
12. American Woodmark Corp.
    Main Location: Winchester, VA
    Annual Sales: $1.847 billion  (FY-IR)
13. Marvin
    Main Location: Warroad, MN
    Annual Sales: $1.6 billion
14. Masonite Residential/Owens Corning (Door segment)
    Main Location: Tampa, FL
    Annual Sales: $1.448 billion (FY-IR)
15. La-Z-Boy Inc.
    Main Location: Monroe, MI
    Annual Sales: $1.447 billion (excludes retail) (FY-IR)
16. Forte Opening Solutions/IOP (formerly Masonite Architectural)
    Main Location: Tampa, FL
    Annual Sales: $1.4 billion
17. Metrie Inc.
    Main Location: Vancouver, BC
    Annual Sales: $1-plus billion
18. Global Furniture Group
    Main Location: Downsview, ON
    Annual Sales: $1 billion
19. Gibson Brands/Gibson Guitar
    Main Location: Nashville, TN
    Annual Sales: $990 million
20. AHF Products
    Main Location: Mountville, PA
    Annual Sales: $825 million to $900 million
21. Steves & Sons, Inc.
    Main Location: San Antonio, TX
    Annual Sales: $675 million
22. Quanex North American Fenestration
    Main Location: Akron, OH
    Annual Sales: $650.1 million (North America fenestration) (FY-IR)
23. KI
    Main Location: Green Bay, WI 
    Annual Sales: $650 million
24. Teknion Corp.
    Main Location: Toronto, ON
    Annual Sales: $646.8 million
25. Sauder Woodworking
    Main Location: Archbold, OH
    Annual Sales: $600 million

See more details along with the #26-300 ranked companies

FDMC 300: 2025 PDF   Download a PDF of the FDMC 300 report.    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.

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. This year marks the 39th annual report.

Companies are ranked based on sales figures, with information provided by the companies, or obtained by recognized third-party resources or other research. The majority of manufacturers in the FDMC 300 are privately owned, and sales numbers should be considered as estimates unless otherwise designated by FY-IR (fiscal year - investor relations report). Click here to view the list of this year’s FDMC 300.  

Additional information, including recap articles on some of the segments, will be included in subsequent issues of FDMC and posted online at WoodworkingNetwork.com/FDMC-300. For questions or inclusion in the FDMC 300, contact Karen Koenig at [email protected].