ONTARIO, CA - Certain assets of furniture manufacturer Chromcraft-Revington, including the Chromcraft, Peters-Revington and Cochrane brands of furniture, will soon be under the ownership of Amtech Management Ltd., a manufacturing and export group based in California and China.
Terms of the transaction, expected to close in early 2015, were not disclosed.
Amtech said it intends to warehouse and resume some of the residential and commercial furniture supplier's manufacturing operations at Chromcraft's Senatobia, MS, plant, which has been shuttered since May.
"As an established leader in the furniture industry for nearly 70 years, Chromcraft's experience in creating customizable, quality residential and commercial furniture will further strengthen Amtech's leadership in delivering high quality products to the consumer and commercial markets worldwide," said James Yang, Director of Marketing of Amtech. "We look forward to completing this transaction and further expanding Amtech's quality furniture offerings by leveraging Chromcraft's custom, high quality design and Peters-Revington's leadership in the occasional table and entertainment marketplace, and adding resources with the supply and value advantages offered through our China-based operations."
Amtech also produces furniture under the Douglas Casual Living and Mastercraft brands. Under its Mastercraft Carving brand it sells CNC carved wood components, manufactured in China. Yang is also listed as president of Amtech, which incorporated in California in 2005.
Chromcraft owner Sport-Haley Holding Inc. had been actively seeking a buyer company since July. Sport-Haley acquired Chromcraft in November 2013.
Headquartered in Mississippi, Chromcraft Revington designs, manufactures and imports residential and commercial furniture marketed primarily in the U.S. under the Chromcraft, Cochrane, Peters-Revington, and CR Kids & Beyond brands.
Have something to say? Share your thoughts with us in the comments below.