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Falcon slump cushioned by training tables, McDonald's.(Falcon Products Inc.)(Brief Article)
Publication: St. Louis Business Journal Publication Date: 05-OCT-01 Author: TUCCI, LINDA
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COPYRIGHT 2001 American City Business Journals, Inc.
With competitors and major customers reporting double-digit sales declines, it would seem that commercial furniture maker Falcon Products Inc. should have nothing but bad news fonts shareholders when its fiscal year ends Oct. 31.
But the St. Louis-based company has come through the office furniture industry's worst year in recent history holding its own.
Bolstered by strong demand for its "data-enabled" training tables, Falcon's office, furniture sales are down between 3 percent and 4 percent for the year. That compares with the office furniture trade group's recent estimate of 16 percent decline in growth for the...
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