bold furniture and competitive edge wood specialties merge

Bold Furniture Inc. & Competitive Edge Wood Specialties Merge

Grand Rapids, Mich., May 12, 2006 — Bold Furniture, Inc., a Spring Lake, MI office furniture manufacturer established in 1999 merges with Competitive Edge Wood Specialties of Muskegon, MI established in 1993. The combined businesses form The Bold Companies.

“The merger significantly broadens Bold Furniture’s product solutions and custom manufacturing capabilities,” says Bold VP of Sales and Marketing Todd Folkert. “Competitive Edge has earned a tremendous reputation over their thirteen years in business; however, they have primarily focused on the local marketplace in Western Michigan,” says Folkert. “We see significant opportunity in marketing their products and custom manufacturing expertise through our national network of dealers and reps.”

“Competitive Edge has grown significantly since our founding in 1993, but we always recognized that our growth would be limited unless we branched outside our local market in Western Michigan,” says Competitive Edge’s President and Co-owner Gary Moody. “Bold brings a national presence with established distribution partners,” adds Moody.

Competitive Edge has built an impressive portfolio of projects including healthcare facilities, libraries, financial institutions, educational facilities, and retail store fixtures. However, they are most known for their work with Harley-Davidson motorcycle dealers. “It’s been an extreme honor and a testament to our hard work to have earned the approval of Harley-Davidson, one of the most recognizable brands in the world. We are one of two certified cabinet makers for all of their 700 dealers throughout the country,” says Moody.

“It’s that reputation for customization, quality and service that attracted us to Competitive Edge,” says Bold Furniture’s President and Co-owner Jeff McMartin. “Bold Furniture has been recognized more as a niche oriented manufacturer with our Juxtapose Collection,” comments McMartin. “We never wanted it just to be about Juxtapose, but when you only have one product line, that tends to steal the focus.” We like to take a customer first, product second approach, and now we will have enough capabilities, products and projects in our portfolio to do just that.”

“Our operational challenge and goal is to combine the art of custom wood craftsmanship with the techniques of lean manufacturing. I look forward to applying the best practices I learned over my 15 years in the automotive industry implementing lean,” says McMartin. “We’re creating a highly flexible manufacturing model that quickly, cost effectively and reliably produces both standard and custom product solutions.”

The two businesses will operate out of Bold Furniture’s newly renovated facility in Spring Lake, MI, and will employ nearly 50 people.

About The Bold Companies: The Bold Companies take a customer centric focus in creating both custom and standard product solutions using veneer, laminate, solid surface, glass or metal. Located in a former Brownfield site, they have integrated environmentally-friendly manufacturing processes, lean techniques, and the art of wood craftsmanship with product features that support reusability.