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Chromcraft Revington Sales Decline
February 20,
2007 by in UnCategorized
By Home Furnishings Business in Case Goods on February 2007
Chromcraft Revington of West Lafayette, Ind., said its quarterly sales decreased 4.4 percent to $38.8 million due to pressure from imports and a weak retail environment. Four the year ended Dec. 31, sales declined 5.4 percent to $160.4 million.
The company had previously announced plans to shut and consolidate some of its factories, including the closings of factories in Warrenton, N.C., and Sumter, S.C. in a shift to more overseas production.
The company’s CR Home banner includes its Chromcraft, Peters-Revington, Silver Furniture, Cochrane Furniture and Sumter brand names.