TITLE

Lower 1Q shipments, rising costs pinch Dorel

AUTHOR(S)
Knell, Michael J.
PUB. DATE
May 2006
SOURCE
Furniture/Today;5/15/2006, Vol. 30 Issue 35, p46
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Dorel Industries Inc., a manufacturer of ready-to-assemble (RTA) furnitures, experienced a decline is its earnings in the first quarter of 2006. The company attributes this decline to lower home furnishings shipments and the rising cost of particleboard. There was a substantial number of orders that came in, however, the demand was above expectations. The immediate capabilities of the three remaining RTA furniture plants of the company cannot cope up with the demand.
ACCESSION #
20868375

 

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