Sales for the FDMC 300 group of companies grew 7 percent in 2015 to $46.404 billion over 2014, by our estimate. It was the fourth consecutive year of sales growth for the 300 largest cabinet, furniture, millwork, store fixture, office/contract and component producers in North America.
Companies in most market sectors reported higher sales last year. Sales of mid-size and large cabinet companies, and large publicly traded manufacturers were especially strong.
This is the fourth straight year of sales growth, and this period of growth has come after five consecutive years of declines from 2007 to 2011.
A year ago, we calculated annual sales for this group of 300 companies to be $43.325 billion for 2014, an increase of 9.3 percent over sales reported and estimated for the year 2013. And a year before that, we calculated sales for this group to be $39.630 billion for the year 2013, which was an increase of 5.3 percent over 2012.
Both large and small cabinet companies recorded solid sales gains for the third year in a row in 2015.
The FDMC 300 is a group of the 300 largest cabinet, furniture, millwork, store fixture, office/contract and component producers in North America.
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