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
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 1998
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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.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2001
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Comment about this article or add new information about this topic:
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