Berkline gains funds

April 2008
Furniture/Today;4/7/2008, Vol. 32 Issue 31, p169
Trade Publication
The article reports on the asset-based credit facility of the upholstery manufacturer Berkline/BenchCraft with Wells Fargo Foothill in Tennessee. The fund will be used to refinance the debt of the company and other innovative purposes. Company president Bill Wittenberg is happy of the continued support of the lenders and investors in times that furniture industry is in trouble.


Related Articles

  • BERKLINE RECALLS HEATED MASSAGE RECLINER.  // Wood & Wood Products;Jun2007, Vol. 112 Issue 7, p22 

    The article reports on the product recall of about 1,700 heated massage recliners from Berkline/Benchcraft LLC due to a burn hazard. These recliners were made in China and sold at Value City Furniture and American Signature Furniture stores. According to the Consumer Products Safety Commission...

  • Ashley Furniture resurrects Berkline/Benchcraft.  // Wood & Wood Products;Sep2011, Vol. 116 Issue 7, p14 

    The article reports on the approval of the 6.07-million-U.S.-dollar bid of Ashley Furniture Industries Inc. to purchase Berkline/Benchcraft LLC's intellectual property in the U.S.

  • Berkline to go public. Thomas, Larry // Furniture/Today;4/25/2005, Vol. 29 Issue 32, p1 

    Reports on the determination of Berkline/BenchCraft company to go public this year with a common stock offering that could raise as much as 138 million dollars in the U.S. Proceeds from the initial public offering which will be used to repay debt, repurchase preferred stock and make a cash...

  • Sun-owned Berkline due funds. Gunin, Joan // Furniture/Today;5/21/2007, Vol. 31 Issue 36, p2 

    The article reports on the acquisition of controlling interest in Berkline/BenchCraft by an affiliate of private investment firm Sun Capital Partners. The move will give the upholstery new financing. The deal is part of a recapitalization that also will swap about $40 million of outstanding debt...

  • Berkline promotes Smith to senior vice president of corporate sales, marketing.  // Furniture/Today;12/18/2006, Vol. 31 Issue 15, p4 

    The article reports on the promotion of Larry Smith to the newly created post of senior vice president of corporate sales, marketing and merchandising at Berkline/BenchCraft LLC. Smith will oversee all sales, marketing and merchandising for the Berkline and BenchCraft divisions. The addition of...

  • BUSINESS DIGEST.  // Wood & Wood Products;Aug2006, Vol. 111 Issue 9, p20 

    The article offers news briefs related to the furniture industry in the U.S. Ethan Allen Inc. has reached more than $1 billion for the fiscal year ended June 30, 2006. Berkline/Benchcraft announced its plan to close its upholstery plant in Baldwyn, Missouri. MW Manufacturers Inc. plans to expand...

  • Optimism over economy declined, survey says.  // North Western Financial Review;6/15/2011, Vol. 196 Issue 12, p22 

    The article presents the Wells Fargo/Gallup Investor and Retirement Optimism Index showing that overall investor optimism declined from 42 in February 2011 to 33 in May 2011 as increasing energy prices, unemployment and budget deficits dampened sentiment in the U.S.

  • Americans saving gas money. Investor's Business Daily // Investors Business Daily;3/6/2015, pA02 

    The article reports on the increase of the Wells Fargo/Gallup Investor and Retirement Optimism Index to 69 in February 2015 resulting to an estimated average of $108 saved by investors monthly on lower gas prices.

  • Investors throw in the towel on Macau, move to Singapore. Gonçalves, Luís // Casino International;Dec2014, p20 

    The article reports that analysts are advising their clients to sell off shares in operators with property in Macau and suggesting them to invest in Singapore. The gaming sector in Macau is downgraded from overweight to market weight. Financial services provider Wells Fargo & Co. has revealed...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics