PROFILE |
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Business is on fire at CFM Majestic. The company makes hearth-related products for new homes and remodeling jobs. It offers gas and wood-burning fireplaces (Majestic, Vermont Castings, Northern Flame), freestanding stoves, gas log sets (Pyromaster, Hart, Timberline), space heaters (Dyna-Glo), barbecue grills, and steel garden accessories (Victorian Gardens). CFM sells its products to utility companies, builders, remodelers, and retailers. The US accounts for about 80% of CFM's sales; Canada accounts for about 10%. CEO Colin Adamson controls 15% of CFM's shares. The acquisitive company was founded in 1987 and began a growth spurt following its 1994 IPO by purchasing Majestic Fireplaces and Vermont Castings.
COMPETITION |
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HON INDUSTRIES Inc. (HNI)
Lennox International Inc. (LII)
Martin Industries, Inc. (MTIN)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 254.50
1-Yr. Sales Growth: 5.0%
Employees: 2,100
Revenue per employee: $121,190.48
KEY PEOPLE |
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Colin M. Adamson
CEO
James D. Lutes
CFO
CONTACT INFO |
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475 Admiral Blvd.
Mississauga Ontario L5T 2N1, Canada
Phone: 1-905-670-7777
Fax: 1-905-670-7915
Online: Web Site
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