Blum announced that it ended its 2014-2015 fiscal year with a 6 percent increase in sales. The hardware manufacturer says it ended the year up $14.2 million with total sales of $245 million.
“We attribute this increase mainly to a healthy housing and remodeling market and a strong nationwide Blum distributor network,” president and CEO Karl Rudisser said in a statement.
“Our success this past financial year was the result of the introduction of new product innovations in both our lift systems and box systems and in the additional services we offered to our customers,” vice president of sales and marketing Steve Regele added. “We are looking at the upcoming fiscal year 2015/16 optimistically and we will launch several product solutions in our product groups that address the design trend of handle-less cabinetry. Blum's latest motion technology, Tip-on Blumotion, will combine the mechanical one-touch opening with the soft and effortless closing of Blumotion."
For more, visit www.blum.com.