American Woodmark

American Woodmark is a kitchen and bath cabinet manufacturer, headquartered in Winchester, Virginia. The company operates 9 manufacturing facilities, in Arizona, Georgia, Indiana, Kentucky, Maryland, Tennessee, Virginia, and West Virginia, and 9 builder service centers across the country.

American Woodmark Corporation
TypePublic
NASDAQ: AMWD
S&P 600 Component
Industryfurniture
Founded1980
Founders
  • Bill Brandt
  • Al Graber
  • Jeff Holcomb
  • Don Mathias
HeadquartersWinchester, Virginia,
Winchester, Virginia
,
US
Area served
US
Key people
Cary Dunston (CEO) Norma Adela (Ex-Vicepresident)
Productscabinets
Servicescabinetry installation
RevenueUS$1.25B(FY 2018)[1]
US$69.9M (FY 2018)[1]
US$63.1M (FY 2018)[1]
Total assetsUS$1.65B (FY 2018)[2]
Total equityUS$581M (FY 2018)[2]
Number of employees
10,070[3]
Websiteamericanwoodmark.com

History

In 1951, Alvin A. Goldhush, a Long Island dentist, made dental cabinets and created the company Formed Laminates, Inc. in Lindenhurst, N.Y. Goldhush eventually gave up dentistry and devoted his time to the company, now named Raygold Corp.[4] Raygold Corp acquired a wood processing plant in Moorefield, W.V. in 1957.

Boise Cascade acquired Raygold and moved the company head office from Long Island to Winchester, Virginia. In the late 1970s, Boise Cascade changed it business focus from wood products to paper products. In 1979, four executives of the cabinetry division (Bill Brandt, Al Graber, Jeff Holcomb, and Don Mathias) initiated a leveraged buyout. They formed American Woodmark Corporation in 1980 and IPOed on the NASDAQ in 1986 for $15 per share.[4]

Today the company operates nine manufacturing plants throughout the US and nine service centers who provide direct service to the new home construction market.

Products

American Woodmark produces and distributes high quality faceframe kitchen and bath cabinetry[5] through a variety of channels, including remodel, new construction and specialty dealers. Cabinets are offered in a wide range of colors and materials.[6] They are vertically integrated and source the majority of their hardwood raw materials from the Appalachian region. All cabinets are assembled in the US in one of four assembly plants throughout the country.

References
  1. American Woodmark (AMWD) annual SEC income statement filing via Wikinvest.
  2. American Woodmark (AMWD) annual SEC balance sheet filing via Wikinvest.
  3. "Company Profile for American Woodmark Corp (AMWD)".
  4. "Dentist Fills Kitchen Cabinet Orders Instead of Teeth". Washington Post. 1986-09-08. ISSN 0190-8286. Retrieved 2018-10-14.
  5. "Waypoint Quality".
  6. "American Woodmark Cabinetry". Retrieved 25 August 2017.
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