Cabinet Manufacturer Doubles Size of its Company in Three Years
Sioux Falls, SD (PRWEB) August 30, 2007 -- In just three years, StarMark Cabinetry - a Sioux Falls cabinet manufacturer - has grown from $48 million in annual sales to more than $100 million. As a result, the company has doubled in size during this time period.
In an industry that is declining at a rate of 14%, StarMark (www.starmarkcabinetry.com) continues to enjoy double-digit growth in 2007. The kitchen and bathroom cabinet manufacturer's compound annual growth rate since 2004 is 26.6%.
StarMark Cabinetry's NCR hovers at 1 percent; NCR means "no charge replacement." It measures how many dollars of product is replaced for every $100 of product that leaves the plant. Other cabinet manufacturers competing in the semi-custom cabinetry category have an NCR ranging from 2.5 to 3.5 percent. To a business owner selling kitchens, it's the difference between three or four kitchens needing work in a given week, or just the odd kitchen needing a tweak.
StarMark's focus on always improving one or more aspects of production increases sales and reduces costs. Consider:
? In the first four months of 2007, StarMark Cabinetry saved $98,750 because the cabinet manufacturer reduced the errors made building and finishing cabinet doors.
? In 2006, Continuous Improvement initiatives saved the company $494,000. In 2005, the savings were $319,000.
? StarMark Cabinetry realized these savings while bringing on board an additional 209 employees in the last two years.
"This type of performance is a win-win for everyone," said John Swedeen, president of StarMark Cabinetry. "Homeowners are happy, and they refer our dealers to friends and family. Our dealers' businesses improve. Best of all is what it enables us to do for the people of StarMark, to give our employees profit-sharing bonuses and to increase the company match of their 401K contributions.
"To me," said Swedeen, who's been with StarMark Cabinetry nine years, "that's the real win."
###
Related Articles:
JellyBasket - Order Palmalito guava jelly by the case or gift basket!
Palmetto Canning Co., Inc. - Contract Packaging in glass or plastic for sauces, marinades, and other food products
CareMetix, Inc. - Contract Packaging for tube filling, form fill and seal, wet or dry chemical products including polyvinyl packaging.
Are YOU Ready for Bonza Bottler Day?
BONZA BOTTLER DAY is any day when the date and the month have the same number. Bonza, I'm told, means "excellent" or "really great" in Australian, and there's some suggestion that "bottler" means the same.
Imperial Woodworks, Manufacturer of Church Pews, Now Offers Free Evaluation Service to Architects for Pew Placement and Code Adherence
The perfect sanctuary takes church pew design into account right from the initial design, assisted by the right pew manufacturer.
Free PDF Editor & Online Form Filler, PDFescape, Offers Advanced Functionality Without Cost
Presenting users with a one-of-a-kind, WYSIWYG-style visual editor, PDFescape makes PDF editing intuitive, easy, and free. Upload or link to almost any PDF file to this unique free PDF editor, and in seconds your PDF document will be ready for editing. There is no software to install, no watermarks, and no registration required, regardless of operating system.
Photo Clam Enters the Picture in the U.S. Having Earned the Praise of Photographers Worldwide, the Leading Photo Equipment Manufacturer Comes to Ameri
After a successful launch in Canada, Korean professional ball head leader Photo Clam finally enters the U.S. market, earning global praise by offering superior quality, durability and ergonomic design at a competitive price. With design and technology that revolve around the user's experience, every facet of the Photo Clam line is meticulously crafted to create an unrivaled sense of security. The new memory function with manual programming remembers the exact adjustment of previous shots, saving time and giving photographers the opportunity to concentrate on creativity rather than on technical details. With its scratch resistant coating and anodized aluminum frame, Photo Clam retains its durability and performance even under the most extrem...
Global Healthcare Manufacturer McNeil Consumer Healthcare Discusses Marketing Performance Measurement in MarketingNPV's Measured Thoughts Webcast Ser
MarketingNPV released the latest installment of its Measured Thoughts video webcast series featuring a one-on-one conversation with McNeil Consumer Healthcare President Ashley McEvoy. Measured Thoughts is hosted by Dave Reibstein, William Woodside Professor of Marketing at Wharton School of Business and managing partner at MarketingNPV (http://www.MarketingNPV.com).
Advanced Systems Integration Successfully Implements Microsoft Dynamics AX for Food Specialty Manufacturer
Microsoft Business Ready Licensing Program Enables Small to Mid-Sized Manufacturers Access to Microsoft Dynamics AX Business Software. Advanced Systems Integration announces the success of its recent implementation of Microsoft Dynamics AX (formerly Microsoft Business Solutions Axapta) at Earthrise Nutritionals, a world-leader in the production of microalgae for use in food and dietary supplement (branded as Earthrise Spirulina).
Industrial Nanotech Announces Project with Major Automotive Manufacturer in Asia - Outlines Additional Nanoboost?Initiatives To Offset Rising Gasoline
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that its Chinese distributor, NorthStar Power Engineering, has begun working with a major Asian automotive manufacturer to trial the Company's patented NanoBoost? automotive parts coating for heat control and increased fuel efficiency.
Office Cubicle Systems Offered By Office Furniture Manufacturer
Office Cubicle Systems; In 1968, Robert Propst broke ground in office furniture design, with his path breaking office cubicle. It was a revolutionary invention, ahead of his time. The idea of office systems furniture or the office cubicle was a completely movable office where desks and counters could easily adjust to fit the users body and movements. A height adjustable workstation allows you to reach the documents and your keyboard while seated or full standing.
Modular Home Manufacturer Welcomes New HR Director
Customized Structures, Inc. of Claremont, NH welcomes Laurie Methven as new Director of Human Resources.
Local Manufacturer Recognized by Arizona Business Magazine
First United Door Technologies has been named the number three Manufacturing Company in Arizona by Ranking Arizona's "The Best of Arizona Business".