Stanley, NC |
Blum USA financial year statement for 2019/2020
Blum, Inc., functional hardware manufacturer for the cabinet industry, reports a revenue of $292.6 million dollars for the fiscal year. Blum, Inc. enjoyed a healthy start to the fiscal year which allowed them to endure the uncertainty COVID-19 brought in the last half. Our sales represent a 1.5% decrease over the previous fiscal year. Thanks to Blum’s innovative product offerings, consistent investments, strong market presence and the commitment of its staff, they were able to weather the ups and downs they saw in the market throughout the past few months. The 2019/2020 financial year ended June 30, 2020. Blum, Inc. employs 424 employees and 24 apprentices. The Blum Group has more than 8,300 employees, in addition to training 378 apprentices, worldwide. Business in the United States remains stable, and the developments in the kitchen industry continue in an optimistic manner, despite the ongoing uncertainty with the coronavirus.