Founded as Union Woodworks in Warren, Vermont in 1971, WallGoldfinger has been in operation for over 40 years. The company has evolved from a small, local woodworking shop focused on residential projects in central Vermont, to a nationally known designer and builder of high-end custom corporate furniture. WallGoldfinger designs and creates corporate furniture (desks, tables and modules) for businesses that include Fortune 500 corporations, leading financial and insurance institutions, nationally known law firms, universities, and government agencies.
The company suffered a downturn due to the 2009 recession, weathered the devastation of Tropical Storm Irene in 2011, which completely devastated the main floor of the plant in Northfield, Vermont, and relocated to a state of the art new facility in Randolph, Vermont. Between reserves built during the good years, federal aid, state support, a strong group of capital providers, formidable customer loyalty, and sound management of cash flow, WallGoldfinger has demonstrated tremendous resiliency and is growing again.
The Flex Fund provided WallGoldfinger a royalty loan for permanent working capital to help accelerate activities already underway to diversify their one-of–a-kind, custom work with a complementary line of standard multi-purpose conference tables, support their NYC showroom, and provide permanent working capital to grow.
WallGoldfinger is committed to its employees and providing a livable wage and benefits, as evidenced by the average tenure of their employees at 10 years – with 25% that have over 20 years of service. Their commitment to environmental sustainability and stewardship is evident in their certification to produce furniture as a Forest Stewardship Council Chain of Custody manufacturer.