Shermag sets wood factory

Article Abstract:

Shermag will have more than 850,000 square feet of manufacturing space when it completes its new case goods factory in New Brunswick in October 1998. The new 70,000-sq-ft facility, which is part of the Nadeau & Nadeau unit, will cost more than C$5 million to build. According to the company's chairman, Serge Racine, the expansion will allow the company to meet the increasing demand for its products, especially from foreign markets. More than 70% of the company's projected C$150 million in sales in 1998 will be from the US.

Comment:

Will have more than 850,000 square feet of manufacturing space when it completes its new case goods factory in New Brunswick

Canada, Shermag Inc., Article

Shermag sales up, earnings down

Article Abstract:

Furniture maker Shermag posted a rise of 6% in furniture sales for the fiscal second-quarter ending September 28, 2001. The company also posted a 3.5% increase in its total net revenues for the same period.

Sales, profits & dividends, Quebec, Shermag Group

Pilliod's Alabama plant will assemble imports

Article Abstract:

Pilliod, a promotional case goods manufacturer, will gradually close its plant in Selma, Alabama. The facility will be converted to a finishing and assembly plant for the company's imports.

Alabama, Pilliod Furniture Inc.