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Commercial Furniture Group history
Commercial Furniture Group company history timeline
By 1976, Winston management along with other investors acquired the aluminum furniture business of that division through a leveraged buy out.
Over the next decade Winston grew, acquiring the wrought iron and tubular steel furniture business of Lyon-Shaw, Inc., a division of B.B. Walker Company, in 1986.
By 1988, however, Winston was purchased in a leveraged buyout by WF Acquisition Corp., a company formed by affiliates of Trivest, Inc. specifically for the buyout.
Winston, which had also won the award in 1990 and had been a finalist for the award in each of its previous four years, was the only company to win the award twice.
In 1990, Loewenstein was incorporated and purchased the Atlantis Furniture Group.
The merger was effected on December 16, 1994.
Net income for 1996 was $8.3 million, compared to a net loss of $4.0 million the year before.
Loewenstein's Breeze chair won the International Interior Design Association and Contract Design magazine's APEX Award in the seating category in 1996.
In light of the increasing numbers of health problems related to stress at work, MicroCentre sponsored research by Leavitt in 1996.
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Commercial Furniture Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jasper Group | 1929 | $62.0M | 249 | - |
| Jasper Seating Co | - | $70.0M | 500 | - |
| Bretford | 1948 | $35.0M | 200 | - |
| Indiana Furniture | 1905 | $23.0M | 200 | - |
| Nemschoff | 1950 | $92.9M | 750 | - |
| F. Schumacher & Co. | - | - | - | 35 |
| Hot Spring Spas | 1977 | $1.5B | 4,999 | 11 |
| Millennium Business Systems | 1997 | $1.6M | 30 | - |
| Anthro | 1984 | $12.0M | 100 | 10 |
| RHI Refractories Holding Company | 2000 | $350,000 | 1 | - |
Commercial Furniture Group history FAQs
Zippia gives an in-depth look into the details of Commercial Furniture Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commercial Furniture Group. The employee data is based on information from people who have self-reported their past or current employments at Commercial Furniture Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Commercial Furniture Group. The data presented on this page does not represent the view of Commercial Furniture Group and its employees or that of Zippia.
Commercial Furniture Group may also be known as or be related to Commercial Furniture Group, Commercial Furniture Group Inc and Commercial Furniture Group, Inc.