Case Study

Michels South Carolina, Inc.

Michels South Carolina, Inc.

Engagement Results Company: Michels South Carolina, Inc. Industry: Manufacturing & Distribution - Furniture Size: $25 million Expertise: Liquidation & Asset Sale Assignment: Michels South Carolina, Inc., manufactured and distributed furniture products under a variety of regional brand names across the eastern half of the country. The company also provided private label bedroom and dining room suites to large retailers on a nationwide basis. The company struggled with the challenges associated with operating a low margin business in an industry where most manufacturing operations had moved o-shore. The company's attempt to change from a high throughput shop to one operating shorter runs with enhanced product customization failed due to market pressure, outdated equipment and a lack of capi

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