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Soups, salads, artisanal breads, even The Kitchen Sink coming to new 4th Street cafe

Soups, salads, artisanal breads, even The Kitchen Sink coming to new 4th Street cafe
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Universal Furniture growing in Conover; VP says company has raised pay, improved benefits

In a year and a half, Universal Furniture turned a former Southern Furniture plant in Conover on its head. The company set up a new custom furniture line, brought in new equipment and technology, and reimagined the furniture process. Now, Universal is looking to grow its custom upholstery division even more. Watch now: Universal Furniture leaders talk about growth Universal Furniture bought Southern Furniture, a custom upholstered furniture manufacturer, in October 2019. Since then, Universal has invested over $500,000 in the new plant, said Senior Vice President Sean O’Connor. New technology was added, the building was updated and rearranged to improve workflow and thousands of new fabrics, furniture styles and offerings were developed to be manufactured in the facility.

FDMC 300 companies respond to change in markets

Print Photo By Millwork USA There were plenty of challenges for the FDMC 300 group of companies in 2020. The ongoing pandemic, mandated plant closures, job losses and shuttered retail stores all contributed to a sense of uncertainty. But there were relatively few changes in the makeup of this group of 300 companies. There were some major consolidations that were completed in the past year, but our editors identified only three companies that closed in that time. In 2020, sales for the FDMC 300 group of companies reached $57.883 billion, actually a slight gain of 1.25 percent over the previous year. It was not a good year for store fixture and retail display manufacturers as many retail stores closed for weeks or months during the pandemic. Some have closed permanently. Makers of residential furniture also suffered as retail furniture stores were shuttered, but many reported a strong rebound in sales in the second half of the year. Manufacturers in other markets such as cabinets

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