Ethan Allen to Reinvent American-Made Case Goods Division as Custom Operation
August 06 2009 - 4:32PM
Business Wire
Ethan Allen (NYSE: ETH) has established an entirely new
direction for its American case goods manufacturing operation, a
shift unprecedented in its history: The company’s wood furniture is
becoming a custom business. Products will be made to order, with an
increasing number of custom options. Products will be made
individually, rather than in large production runs. The company
plans to convert its entire American-made case goods business to
custom within twelve months.
“Our custom capability is one of our strongest assets and a
strong point of differentiation,” said Chairman, President and CEO
Farooq Kathwari, “During the last few years, we have been making
affordable custom upholstery in our U.S. workrooms and shipping
more than 80% of this custom product within thirty days. Now we are
converting our U.S. case goods manufacturing to custom in
manageable increments, starting with four popular dining room
collections.“ For seventy-seven years, Ethan Allen has produced
high-quality case goods in its manufacturing facilities in the
Appalachian mountain range from Vermont to North Carolina.
“The transition to an entirely custom American case goods
business will further enhance our ability to provide great products
with unparalleled options at affordable prices,” Mr. Kathwari said.
”And the change will enable us to pursue our strategic objective of
growing our strong U.S. manufacturing base.”
Ethan Allen is a vertically integrated interior design company,
providing one-stop shopping for the well-designed home in
approximately 300 Design Centers in the United States and abroad
and online at ethanallen.com. The company offers clients the free
interior design services of its approximately 2,000 in-house design
professionals.
About Ethan Allen
Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior
design company and manufacturer and retailer of quality home
furnishings. The Company offers free interior design service to its
clients and sells a full range of furniture products and decorative
accessories through ethanallen.com and a network of approximately
300 Design Centers and Design Studios in the United States and
abroad. Ethan Allen owns and operates six manufacturing facilities
in the United States, which includes one sawmill, and one
manufacturing facility in Mexico, and manufactures approximately
sixty-five percent of its products in its United States plants. For
more information on Ethan Allen’s products and services, visit
ethanallen.com.
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