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Concord Buying Group, Inc. history
Concord Buying Group, Inc. company history timeline
Knit fabrics, introduced in 1967, were available in five fabric types and about 30 patterns.
Leonard Machinery Corp., a subsidiary of Concord Fabrics, was sold in 1972.
The merger plan was dropped in February 1976, by which time Concord Fabrics stock was trading at $9.50 per share.
Long-term debt was nearly $8 million in 1980.
By fiscal 1983 Concord Fabrics was back on track, economies enabling it to earn $1.2 million on sales of $84.3 million.
A dyeing and finishing plant in Chino, California, was purchased in 1987.
In fiscal 1988, however, it lost $3.6 million on sales of $139.1 million.
Concord Fabrics launched two new fabric lines for home furnishings in 1991.
The machinery and equipment were sold in 1994 for $2 million to another company, and the building was leased.
In fiscal 1995, 68 percent of the company's fabric sales were to manufacturers and 32 percent to retail stores.
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Concord Buying Group, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cavicchio Greenhouses | 1910 | $13.0M | 83 | - |
| Lee Johnson Chevrolet. Mazda | 1933 | $9.0M | 50 | - |
| Rotmans | 1956 | $1.4M | 6 | - |
| Riverhead Building Supply | 1948 | $317.3M | 510 | 94 |
| Replacements | 1981 | $80.0M | 400 | 3 |
| Progressive Lighting | 1965 | $51.4M | 126 | - |
| Bookmans Entertainment Exchange | 1976 | $570,000 | 6 | - |
| Independent Trading | 1987 | $25.7M | 50 | - |
| Goin' Postal | 2002 | $284.9K | 5 | - |
| The Frye Company | 1863 | $470,000 | 50 | - |
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Concord Buying Group, Inc. may also be known as or be related to CONCORD BUYING GROUP INC., Concord Buying Group Inc and Concord Buying Group, Inc.