Read the success strategies by the WOOD 100
Now in its 35th year, this exclusive annual report details the successful strategies put in place by 100 North American secondary wood and panel products manufacturers to grow their businesses in the furniture, cabinetry, architectural woodwork, store fixture, components, closet systems and other industry markets. (Click on the charts to enlarge)
Companies in the WOOD 100 are featured in the October "Leadership" issue of FDMC magazine. In order to participate in the WOOD 100, companies must have generated sales of at least $250,000 for the past 3 years. For information contact Karen Koenig.
Read the strategies put in place by the 2024 WOOD 100:
The outlook for 2024 and 2025 by the WOOD 100 is relatively optimistic, although less than it was a year ago. Whether the uncertainty is from this being an election year, or what’s happening in the world in general, of those that responded 70% said they project 2024 sales to exceed those of last year, although just 66% expect their 2024 sales to be “good” or excellent.” That number jumps to 86% for 2025, indicating greater optimism for the year ahead.
When asked about their top concerns, respondents once again ranked the economy and employee recruitment/retention one and two respectively, followed closely by material costs, profit margins and supply chain challenges. It’s worth noting that employee skills ranked a distant sixth, so while it may be difficult to find and retain workers, those that they do have are doing the job well.
