|
|
Article: Forging ahead: after suffering the slings and arrows of 9/11 and an economic recession, WOOD 100 companies rebounded in 2003 and far more often than not see better things to come for the rest of this year and next.
- Article from:
- Wood & Wood Products
- Article date:
- September 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Vance Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Times are good for companies that rank among Wood & Wood Products' 15th Annual WOOD 100.
As a group, the 93 U.S. and seven Canadian companies experienced an average increase of 16.8% from 2002 to 2003. The median growth is slightly higher--18.5%--if MasterBrand Cabinets Inc. (No. 67) is removed from the calculation. MasterBrand, parent of Aristokraft, Omega, Diamond and other popular cabinet brands, reported sales of $1.5 billion in 2003, more than the other 99 WOOD 100 companies combined. The second biggest company, Conestoga Wood Specialties Corp. (No. 99), posted sales of $165,000 million in 2003.
Fully 85 of the WOOD 100 companies posted double-digit ...