INDIANA (April 6, 2022) — Twenty wood manufacturing firms from Indiana have been included on the 2022 FDMC 300 list, which ranks the largest cabinet, furniture, millwork, store fixture, office/contract and component producers in North America.
“Indiana is proud to be ranked as a top producer for so many wood products and to supply a large number of Hoosiers with good paying hardwood manufacturing jobs,” said Lt. Gov. Suzanne Crouch, Indiana’s Secretary of Agriculture. “Wood is a renewable resource and provides a stability and quality to furniture like no other.”
Jasper-based MasterBrand Cabinets ranks No. 3 overall and is the largest on the list from Indiana. MasterBrand generated an estimated $2.825 billion in 2021 sales volume and employs 11,000 people. Its manufacturing operations span 16 plants across the United States and Mexico, totaling more than 6 million square feet to produce semi-custom and custom fully assembled kitchen and bath cabinets and more.
“As a company, we’re dedicated to creating cabinets that help make homes beautiful, functional and unique, and our success is due our hardworking associates,” said David Banyard, president, MasterBrand Cabinets. “The roots of MasterBrand Cabinets can be traced back nearly 70 years to Celestine, Indiana, and while we’ve grown significantly since then, we’re proud to still call Indiana home.”
Companies on the list are ranked according to annual sales. Three other Indiana firms rank among the top 35 companies on the list: Kimball International Inc. lands at No. 21, OFS Brands Inc. holds spot No. 31 and Genesis Products is No. 34.
Jasper-based Kimball International Inc. makes office, hospitality furniture and cabinet products. In 2021, the company’s sales totaled an estimated $569 million. Kimball International Inc. operates 9 plants across the U.S. and Mexico and employs 2,800 people.
Huntingburg-based OFS Brands Inc. posted estimated sales of $375 million in 2021. OFS owns 10 U.S. manufacturing plants totaling 2 million square feet with 1,650 employees. The company makes contract/office furniture; desks, filing storage, conference tables, office chairs and office seating; and healthcare, education and hospitality furniture.
Goshen-based Genesis Products makes wood panels, wood interior products and other wood products for leading manufacturers in the RV, manufactured housing, hospitality and other industries. In 2021, the company’s sales totaled and estimated $346 million. Genesis Products operates 9 plants across the U.S. and employs 1,150 people.
While not headquartered in Indiana, five other top-25 firms on the list host at least one manufacturing plant in Indiana. Those are Cabinetworks Group; American Woodmark Corp.; Dorel Industries Inc.; Sauder Woodworking; and Quanex Homeshield.
“Having many Indiana headquartered companies on this list is something we are proud of. I also want to recognize the companies that are not based in Indiana, but have a manufacturing facility here. This goes to show that Indiana is a good place to do business and having these companies in Indiana increases the value of Indiana hardwoods,” said Bruce Kettler, director of the Indiana State Department of Agriculture.
Indiana’s hardwood industry has an annual economic impact of more than $10 billion and supports 70,000 jobs. Indiana’s Hardwood Strategy aims to grow these numbers by promoting the expansion of current wood processing facilities, attracting new companies to the state, educating consumers and businesses on the sustainability of the hardwoods industry and seeking opportunities to increase the value of Indiana’s hardwood products.
The complete list of Indiana-based wood manufactures earning a spot in the 2022 FDMC 300 is below:
3. MasterBrand Cabinets – Main location: Jasper, IN
Annual sales: $2.825 billion* (‘21)
Total Employees: 11,000
21. Kimball International Inc. – Main location: Jasper, IN
Annual sales: $569 million (‘21)
Total Employees: 2,800
31. OFS Brands Inc. – Main location: Huntingburg, IN
Annual sales: $375 million (‘21)
Total Employees: 1,650
34. Genesis Products – Main location: Goshen, IN
Annual sales: $346 million (’21)
Total Employees: 1,150
42. Jasper Group – Main location: Jasper, IN
Annual sales: $238.1 million* (’21)
Total employees: 1,178
45. Best Home Furnishings – Main location: Ferdinand, IN
Annual sales: $233 million* (’21)
Total Employees: 850
58. Patrick Industries Inc. – Main location: Elkhart, IN
Annual sales: $170 million* (’21)
Total Employees: 7,000
65. Kountry Wood Products – Main location: Nappanee, IN
Annual sales: $150 million* (’21)
Total Employees: 540
88. Smith Brothers of Berne Inc. – Main location: Berne, IN
Annual sales: $100 million* (’21)
Total Employees: 525
107. Koetter Woodworking Inc. – Main location: Borden, IN
Annual sales: $76 million (’21)
Total Employees: 325
120. Kitchen Kompact Inc. – Main location: Jeffersonville, IN
Annual sales: $70 million* (’21)
Total Employees: 185
144. University Loft Co. – Main location: Greenfield, IN
Annual sales: $50 million* (’21)
Total Employees: 110
154. Indiana Furniture – Main location: Jasper, IN
Annual sales: $48 million (’21)
Total Employees: 325
174. Saco Industries Inc. – Main location: Lowell, IN
Annual sales: $35 million* (’21)
Total Employees: 350
186. Corsi Group – Main location: Indianapolis, IN
Annual sales: $30 million* (’21)
Total Employees: 140
194. Grabill Cabinet Co. Inc. – Main location: Grabill, IN
Annual sales: $28.6 million* (’21)
Total Employees: 210
203. Haas Cabinet Co. Inc. – Main location: Sellersburg, IN
Annual sales: $25.4 million* (’21)
Total Employees: 250
254. Jasper Chair – Main location: Jasper, IN
Annual sales: $18.84 million* (’21)
Total Employees: 100
275. Dubois Wood Products Inc. – Main location: Huntingburg, IN
Annual sales: $15 million (’21)
Total Employees: 55
290. Harlan Cabinets – Harlan, IN
Annual sales: $10.9 million* (’21)
Total Employees: 31
Annual sales (*estimated)
Read more about the 2023 FDMC 300 report by clicking here.
The Indiana State Department of Agriculture (ISDA) was established as a separate state agency by the Legislature in 2005. Administratively, ISDA reports to Lt. Governor Suzanne Crouch, who also serves as Indiana’s Secretary of Agriculture and Rural Development. Major responsibilities include advocacy for Indiana agriculture at the local, state and federal level, managing soil conservation programs, promoting economic development and agricultural innovation, serving as a regulatory ombudsman for agricultural businesses, and licensing grain firms throughout the state.