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Blum reports a strong fiscal year

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The American arm of Blum, manufacturer of functional hardware for cabinets, Blum Inc. reports a revenue increase to more than $336 million dollars for the fiscal year, which ended June 30, 2021.

“Increased demand for our products caused by a shift of consumer spending, drove our results,” Shannon Lafferty, general manager of Blum Inc., said in a statement.

Blum announced it has invested nearly $8 million back into its facility this fiscal year with machine upgrades and new personnel, and significant future investments are planned to further increase capacity, supporting the company’s commitment to serve customer needs.

“We value our long- term relationships with our partners, and though we are increasing capacity, it will take some time,” Lafferty said.

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