Chromcraft reports 27.2% drop in sales

April 2008
Furniture/Today;4/7/2008, Vol. 32 Issue 31, p182
Trade Publication
The article reports on the 27.2% decrease of sales and $8.3 million operating loss of furniture manufacturer Chromcraft Revington Inc. in West Lafayette, Indiana in 2007. The company explained that their loss is due to the close competition in the market due to imports, shifts in products and selling strategy along with weak retail sales. However, company management is confident of the chance to raise the status of the firm with some changes in their organizational structure and programs.


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