Mark Richey Woodworking, a large architectural woodworking plant in Newburyport, Mass., known for mastering sustainable business practices, has recently purchased the corporate furniture brand of WallGoldfinger Inc.
The new division will be called WallGoldfinger Furniture, where a full team will oversee sales, estimating, engineering and project management efforts at WallGoldfinger’s facility in Northfield, Vt.
While their work is different, the two companies have had striking similarities. Both have been long-term, private, husband- and wife-owned companies committed to the highest quality wood-based craftsmanship. The owners had also been mutual admirers of each other’s work over the decades.
“I have been a great admirer of the Mark Richey company for 25 years,” says John Wall, former CEO of WallGoldfinger Inc. and now vice president of WallGoldfinger Furniture.
“WallGoldfinger is a legend in the furniture making world and sought out by architects across the country for its Arbor and Summit table lines. As woodworkers, we just knew we had to be part of sustaining that great work and expanding it,” says Mark Richey, owner of MRW.
“We have a reputation for great craftsmanship, automation and sound financial management. Under Mark Richey Woodworking, architects who have come to rely on WallGoldfinger’s products and custom capabilities can now specify those great offerings through Mark Richey Woodworking and its new WallGoldfinger Furniture division.”
Among the goals of the new venture are production efficiencies, using MRW’s 5-axis CNC routers and robotic finishing equipment, to offer more competitive pricing of the Arbor and Summit table lines. The plan is to become a one-stop shop for architects.
MRW, founded in 1981, has been operating for the last 13 years in a 130,000-sq.-ft., state-of-the-art factory that focuses on reducing its carbon footprint using biomass heating created from burned waste wood and both wind and solar energy.
For more, visit www.markrichey.com.
This article originally appeared in the July 2018 issue.