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April 27, 2015 3:28 PM ET

Household Durables

Company Overview of Chromcraft Revington, Inc.

Company Overview

Chromcraft Revington, Inc. engages in the design, import, manufacture, and marketing of residential and commercial furniture in the United States and Canada. The company offers dining room furniture, such as tables, armed and side chairs, counter and bar height stools, buffets, and China cabinets for use in dining rooms, great rooms, breakfast rooms, and kitchens; occasional furniture, including coffee tables, end tables, sofa tables, entertainment storage cabinets, library and modular wall units, and other accent pieces; and bedroom furniture made of solid woods, veneers, and metal. It also provides commercial furniture comprising office chairs; conference, meeting room, and training tables...

1330 Win Hentschel Boulevard

Suite 250

West Lafayette, IN 47906

United States

Founded in 1946

280 Employees

Phone:

765-807-2640

Key Executives for Chromcraft Revington, Inc.

Chairman, Chief Executive Officer and Member of Benefits Committee
Age: 64
Chief Financial Officer, Principal Accounting Officer and Vice President
Age: 56
Vice President of Finance, Secretary and Member of Benefits Committee
Age: 58
Senior Vice President of Sales
Age: 61
Compensation as of Fiscal Year 2014.

Chromcraft Revington, Inc. Key Developments

Chromcraft Revington, Inc. Auditor Raises 'Going Concern' Doubt

Chromcraft Revington, Inc. filed its 10-K on Jun 20, 2013 for the period ending Dec 31, 2012. In this report its auditor, McGladrey LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Chromcraft Revington, Inc. Announces Refinancing of Credit Facility

Chromcraft Revington, Inc. announced that it refinanced its credit facility on May 31, 2013 and entered into a new three year secured revolving credit facility with FCC, LLC of up to $9 million based upon eligible accounts receivable and inventory of the Company. The new facility with First Capital replaces the Company's prior $5 million credit facility with Gibraltar Business Capital, LLC. The Company believes the new facility provides several important benefits as compared to the prior credit facility, including: increased availability and borrowing capacity due in part to the inclusion of inventory in the borrowing base; an extended term of three years; more favorable net income (loss) financial covenants; and the ability to obtain a mortgage or synthetic lease on the Company's Senatobia, Mississippi plant subject to certain limitations. The Company also believes the new facility provides the Company with the borrowing capacity to meet the Company's anticipated cash operating needs for at least the next twelve months and, in addition, provides greater flexibility than the prior credit facility.

Chromcraft Revington, Inc. Files Form 15

Chromcraft Revington, Inc. announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.

Similar Private Companies By Industry

Company Name Region
SunCrest, L.L.C. United States
Ampac Enterprises, Inc. United States
Promethean Corporation United States
Ultimate Chopper, LLC United States
Canyon Creek Cabinet Company United States

Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
March 5, 2015
--
Merger/Acquisition
February 27, 2015
Chromcraft Revington, Inc., Certain Assets
Merger/Acquisition
October 23, 2014
Chromcraft Revington, Inc., Certain Assets
 

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