Sauder plans big expansion

Article Abstract:

Sauder Woodworking, an Archbold, OH-based ready-to-assemble producer, is slated to launch an expansion project that will cost $100 million. The project will set free an additional 1 million sq ft for production, a space that is currently being utilized as a distribution hub. The company will then transfer the distribution activities to a 1.4-million-sq-ft space. Sauder has been granted tentative approval for tax benefits from the state of Ohio, and is expected to receive official approval during a meeting of the Ohio Tax Credit Authority on Sept. 8, 1998.

Comment:

Is slated to launch an expansion project that will cost $100 million

Strategy & planning, Nonupholstered Wood Household Furniture Manufacturing, Wood Household Furniture, Wood furniture, Household furniture

Importer Collins making High Point debut

Article Abstract:

Collins International of Fair Lawn, NJ, in an effort to enhance its image as a world-class marketer and distributor of furniture products, will participate for the first time at the October 1998 market at High Point, NC. The low-profile company, a supplier to department stores, home centers, furniture shops and other wholesalers, will have a showroom at Cramco Building's second floor. Collins, which reported sales revenues of over $400 million in 1997, is a publicly traded company and is traded at the Taiwan Stock Exchange.

Comment:

Will participate for the 1st time at the 10/98 market at High Point, NC

Marketing procedures, Collins International

Sauder to buy Studio RTA

Article Abstract:

Sauder Woodworking has reached a deal to acquire Studio RTA, based in California. The deal will expand Sauder's product line and distribution operations.

Acquisitions & mergers, Furniture, Furniture and Homefurnishings, Furniture Wholesale, Furniture Wholesalers, Mergers, acquisitions and divestments, Company acquisition/merger, Furniture industry, Studio RTA