Case Study-ABC Products, LLC The company started in 1961 and manufactures wood kitchen cabinets primarily for the residential market, bathroom partitions for the commercial segment and architectural wood doors. The company currently banks with a local institution but there is an opportunity to bid on the company's business. Your assignment is to review and analyze the provided information, meet with the company's management and prepare a proposal for financing the company's operations, in a highly competitive marketplace. Company Overview The company was started in 1961 by Walter Smith Jr. as a manufacturer of wood kitchen cabinets, primarily for the residential market. Over the next 40 years the company expanded its product offerings to include bathroom partitions for the commercial market (including public restrooms) and architectural wood doors. It operates six divisions and has four manufacturing plants (Orlando, FL, Austin, TX, Seattle, WA and Nashville, TN). In 2007, Mr. Smith passed away and the business moved into a family trust. In 2008 the company reorganized under the name ABC Products, LLC and brought in an outside investor. The Smith family retained 55% ownership and the business is currently operated by Walter Smith IIl. All of Case Study-ABC Products, LLC The company started in 1961 and manufactures wood kitchen cabinets primarily for the residential market, bathroom partitions for the commercial segment and architectural wood doors. The company currently banks with a local institution but there is an opportunity to bid on the company's business. Your assignment is to review and analyze the provided information, meet with the company's management and prepare a proposal for financing the company's operations, in a highly competitive marketplace. Company Overview The company was started in 1961 by Walter Smith Jr. as a manufacturer of wood kitchen cabinets, primarily for the residential market. Over the next 40 years the company expanded its product offerings to include bathroom partitions for the commercial market (including public restrooms) and architectural wood doors. It operates six divisions and has four manufacturing plants (Orlando, FL, Austin, TX, Seattle, WA and Nashville, TN). In 2007, Mr. Smith passed away and the business moved into a family trust. In 2008 the company reorganized under the name ABC Products, LLC and brought in an outside investor. The Smith family retained 55% ownership and the business is currently operated by Walter Smith IIl. All of
