Posted on 09/05/2019 10:36:30 PM PDT by 2ndDivisionVet
KREAMER, PA — Dealers seem generally positive, though decidedly guarded, in response to the news that Wood-Mode is apparently experiencing a rebirth under a new owner who is optimistic that the cabinet brand remains viable despite being shrouded in uncertainty since the abrupt, mid-May closure of its factory.
Dealers contacted by Kitchen & Bath Design News expressed a willingness to give Wood-Mode’s new ownership an opportunity to rebuild frayed relationships, after learning that Pennsylvania businessman Bill French completed the acquisition of Wood-Mode’s assets from the company’s former primary lender. The iconic, 77-year-old cabinet manufacturer had been seemingly destined for liquidation since the sudden, unexpected closure of its Kreamer, PA factory.
Wood-Mode, under French’s ownership, began accepting cabinet orders last month, and the newly formed corporate entity, Wood Mode LLC, will begin production early this month, with initial shipments set for October, according to French.
(Excerpt) Read more at kitchenbathdesign.com ...
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