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Posted On: 03/07/2022 9:24:56 AM
Post# of 44029
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Posted By: jmtimz
$NECA Lotto Play .0003 We are excited to announce that our newest product, ceiling and wall tiles, has been installed at Freedom High School in Oakley, CA! We are honored to share a video recap of the installation here: Ceiling Experts: Oakley Project. Congrats to our commercial team and their continued innovations!

CEO David Fair states, "Under OGB Architectural Millwork's previous ownership, ceiling tile capabilities were just an afterthought and not taken seriously. We have since defined ceiling tiles as a core, high-margin, product line for our commercial division, and the demand has been unbelievable. This January, we booked over $400,000 in ceiling tiles, while two years ago, we were only booking about $400,000 for the entire year."

During the last quarter, the ceiling tile product was defined as a standard product line for commercial customers. Today, the ceiling tile product has been one of our highest growth products and is distributed across the Western United States, adding to our $24M+ of revenues.

https://finance.yahoo.com/news/third-benchs-n...00721.html

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