Richey Woodworking buys WallGoldfinger furniture operation
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In a new deal inked May 22, Mark Richey Woodworking has purchased the WallGoldfinger corporate furniture brand. Both sides say the sale is a perfect joining of talents as evidenced by this past project where Mark Richey Woodworking created the incredible interior space and WallGoldfinger made the boardroom table, which featured a long cantilever on one end.

NEWBURYPORT, Mass. -- Mark Richey Woodworking has purchased the WallGoldfinger brand and is continuing the renowned corporate furniture maker’s custom work and product lines through a new division of Mark Richey called WallGoldfinger Furniture.

The new arrangement pairs Mark Richey Woodworking’s architectural millwork operations with the custom corporate furniture capabilities of WallGoldfinger to offer clients, contractors, architects and furniture dealers the benefit of stunning interior spaces with perfectly matched materials and finishes, a spokesman said.

Mark Richey Woodworking of Newburyport, Mass., has specialized in high-quality architectural woodworking in corporate offices, performing arts centers, museums, academia and more for 37 years, including the last 13 years in a 130,000-square-foot, state-of-the-art factory that focuses on reducing its carbon footprint through the use of biomass heating created from burned waste wood and both wind and solar energy.

In business for 47 years in Vermont, WallGoldfinger Inc. officially began producing furniture for the contract market in 1984 and had risen in the industry as the premier custom table manufacturer and the maker of successful reconfigurable table lines, namely Arbor and Summit.

John Wall, vice president, WallGoldfinger Furniture, a division of Mark Richey Woodworking

While their work is different, the two companies have had striking similarities. Both have been long-term, private, husband-and-wife-owned companies committed to the highest quality wood-based craftsmanship. The owners had also appreciated each others’ work over the decades.

“I have been a great admirer of the Mark Richey company for 25 years,” says John Wall, former WallGoldfinger, Inc. chief executive officer and now vice president of WallGoldfinger Furniture.

Wall spent 42 years with WallGoldfinger Inc., building it into a world renowned brand.

Mark Richey, president, Mark Richey Woodworking

Mark Richey saw potential in that brand. “WallGoldfinger is a legend in the furniture making world and sought out by architects across the country for its Arbor and Summit table lines. As woodworkers, we just knew we had to be part of sustaining that great work and expanding it,” said Richey, president of Mark Richey Woodworking.

Mark Richey Woodworking has been doing high-quality architectural woodworking projects like this for 37 years.

“We have a reputation for great craftsmanship, automation and sound financial management,” said Richey. “Under Mark Richey Woodworking, architects who have come to rely on WallGoldfinger’s products and custom capabilities can now specify those great offerings through Mark Richey Woodworking and its new WallGoldfinger Furniture division.”

As part of the deal, Wall and members of his team will join Mark Richey Woodworking and the new WallGoldfinger Furniture division overseeing sales, estimating, engineering and project management efforts in Vermont.

An aerial view by Advanced Overview Imagery shows the Mark Richey Woodworking factory’s sustainable approach, including the use of rooftop solar panels and an onsite wind turbine for power.

Among the goals of the new venture are production efficiencies that will allow more competitive pricing of Arbor and Summit table lines in part through Mark Richey Woodworking’s high-tech, 5-axis CNC routers and robotic finish sprayer; offering the highest quality custom furniture and millwork; and being a one-stop shop for architects.

WallGoldfinger Furniture officially launched under Mark Richey Woodworking on May 22. Contractors accustomed to working with Mark Richey Woodworking and architects and dealers accustomed to working with WallGoldfinger should expect to remain in contact with same familiar faces, just with expanded capabilities and offerings.

The WallGoldfinger Furniture sales team can be reached at [email protected]. Mark Richey Woodworking can be reached at [email protected].

 

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About the author
William Sampson

William Sampson is a lifelong woodworker, and he has been an advocate for small-scale entrepreneurs and lean manufacturing since the 1980s. He was the editor of Fine Woodworking magazine in the early 1990s and founded WoodshopBusiness magazine, which he eventually sold and merged with CabinetMaker magazine. He helped found the Cabinet Makers Association in 1998 and was its first executive director. Today, as editorial director of Woodworking Network and FDMC magazine he has more than 20 years experience covering the professional woodworking industry. His popular "In the Shop" tool reviews and videos appear monthly in FDMC.