Norcraft Companies, Inc., a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced the upsizing and pricing of its initial public offering to 6,397,073 shares at $16..
Net sales increased $14.4 million, ever 19%, to $90.2 million in the second quarter, reversing a year ago loss. Norcraft job openings at three manufacturing sites include CNC operator, builders, and three finisher positions.
Kitchen and bath cabinetry manufacturer Norcraft Companies L.P. and Norcraft Holdings L.P. reported a first quarter net sales increase of $2.4 million, or 3.8%, to $64.2 million compared to the first quarter of 2010.
Mid Continent Cabinetry, Norcraft Cabinetry, UltraCraft, StarMark, Fieldstone and Brookwood parent says net sales increased 1.3%, to $60.7 million for fourth quarter of
2010; net sales rose 6.4% to $262.6 million for the year.