The nationwide housing and remodeling slump is providing "silver lining" opportunities to consumers who have the vision and the means to improve their homes. Remodelers and contractors are offering deals to consumers the likes of which we haven't seen in decades. They want your business, and Showplace does too.

     At Showplace we've aggressively offered varying sales promotions through our nationwide network of dealers. We continue to develop and introduce new product offerings, like our inset cabinetry line that rolled out this fall. In addition, and perhaps more importantly, we recently announced there will be no price increase at this time of year. In more stable times it is typical to re-price our cabinetry to catch up with costs that have inevitably increased throughout the year. That's not happening this year -- another silver lining to the dark economic clouds.

     In these difficult economic times, it's important to consider the stability of companies you do business with; especially when the financial and time commitment is large, as it is in kitchen remodeling or new construction. You can take comfort in the fact that Showplace is an employee-owned cabinet manufacturer with the financial resources to be here for the long haul. We are a fiscally conservative company -- always have been and always will be. We aren't owned by some distant corporate entity or private equity firm who might make decisions without regard for the employees and consumers who are affected. We're all personally invested in the brand we own, and we're in it for the duration.

     No one knows what the future holds. But we can assure you of this: Today is a time of unique opportunity for home building and remodeling. And the employee-owned Showplace brand is positioned to stand behind you well into the future.

     I thank you for your time and interest in our products.

      -Tony


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