Lorts Manufacturing

Furniture · Arizona, United States · 51-200 Employees

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Overview

Headquarters

15836 W Eddie Albert Way, Goodyear, Ariz...

Phone Number

(623) 936-1437

Revenue

$18.1 Million

Industry

Furniture Manufacturing
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Lorts Manufacturing

Lorts Manufacturing was founded in 1966 by Andy Lorts who was operating a small independent furniture store in Phoenix. Seeing the success that big box stores like Levitz were having on his business, he realized quickly he needed to diversify. He bought the machinery of a small lamp manufacturer and despite Andy's lack of experience, he was now a furniture manufacturer. Ironically, Levitz would eventually become the new company's biggest customer and as Levitz grew, so did Lorts. The first generation of product was Early American in style and made from alder bought from Northwest Hardwoods in the Pacific Northwest. Lorts still make it's furniture from alder from Northwest Hardwoods and is their oldest customer. Andy sold the company in the early '80's. The new owner of Lorts was unable to continue the original Lorts success and in 1984, Andy's son Mike bought the struggling company. Mike needed to get new customers and he needed them fast. He decided to make an entry into the waterbedRead more
Lorts Manufacturing's Social MediaPopular SearchesLorts ManufacturingLortsA F Lorts Company IncF Lorts Company IncLorts A F & CoSIC Code 25,251NAICS Code 33,337Show more

Lorts Manufacturing Org Chart

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Lorts Manufacturing

$18.1M
51-200
Private
<$5M
1966
JR
Janet RembeyCredit Manager
$20.5M
51-200
Private
<$5M
1949
$18.7M
51-200
Private
<$5M
1946
Fred Henjes, President & Chief Executive Officer at Riverside Furniture
Fred HenjesPresident & CEO
$16.6M
51-200
Private
<$5M
1953
$7.3M
11-50
Private
-
1998
N/A
$6M
11-50
Private
-
-
N/A
<$5M
11-50
Private
-
1996
JT
Janice TateEditorial and Nostalgia Art Director
Illustration of an envelope

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Lorts Manufacturing is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Lorts Manufacturing is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Lorts Manufacturing.

Lorts Manufacturing financials insights

Gather financial insights about Lorts Manufacturing, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$350K

2021

Debt

$630K

See All Lorts Manufacturing's Financials Insights

Lorts Manufacturing Tech Stack

A closer look at the technologies used by Lorts Manufacturing

Top Furniture Companies

Frequently Asked Questions Regarding Lorts Manufacturing

What is Lorts Manufacturing's official website?
Lorts Manufacturing's official website is www.lorts.com
What is Lorts Manufacturing's Revenue?
Lorts Manufacturing's revenue is $18.1 Million
What is Lorts Manufacturing's SIC code?
Lorts Manufacturing's SIC: 25,251
What is Lorts Manufacturing's NAICS code?
Lorts Manufacturing's NAICS: 33,337
How many employees does Lorts Manufacturing have?
Lorts Manufacturing has 51-200 employees
What industry does Lorts Manufacturing belong to?
Lorts Manufacturing is in the industry of: Furniture, Manufacturing
What is Lorts Manufacturing competition?
Lorts Manufacturing top competitors include: Distributorships, South Shore Foundation, The Worden, Riverside Furniture
What technology does Lorts Manufacturing use?
Some of the popular technologies that Lorts Manufacturing uses are: Adobe Dynamic Media, WordPress.org, reCAPTCHA, PHP
How do I contact Lorts Manufacturing?
Lorts Manufacturing contact info: Phone number: (623) 936-1437 Website: www.lorts.com
What does Lorts Manufacturing do?

Lorts Manufacturing was founded in 1966 by Andy Lorts who was operating a small independent furniture store in Phoenix. Seeing the success that big box stores like Levitz were having on his business, he realized quickly he needed to diversify. He bought the machinery of a small lamp manufacturer and despite Andy's lack of experience, he was now a f... urniture manufacturer. Ironically, Levitz would eventually become the new company's biggest customer and as Levitz grew, so did Lorts. The first generation of product was Early American in style and made from alder bought from Northwest Hardwoods in the Pacific Northwest. Lorts still make it's furniture from alder from Northwest Hardwoods and is their oldest customer. Andy sold the company in the early '80's. The new owner of Lorts was unable to continue the original Lorts success and in 1984, Andy's son Mike bought the struggling company. Mike needed to get new customers and he needed them fast. He decided to make an entry into the waterbed market, which was growing at an incredible rate. Mike quickly built a reputation for making the highest quality bedroom furniture in the world. Lorts today still receives mail from customers who still love their Hallmark canopy bedroom set. The waterbed industry, however, had decided that trying to find how to make the least expensive furniture was the best direction to go. As a result, a lot of bad product was made and "waterbed" became associated with poor quality. The industry as a whole nose dived. Once again, Mike needed to re-invent Lorts. He began to create new designs for southwest, english country, and french country styles. He would load his old pickup to the top with the new designs and bring them over to the local expert, Barrow's Furniture and it's owner Don Kauffman. With sometimes brutal honesty, Don and his staff would critique the designs or make a buying decision on the spot. From this early work sprang the Lorts Furniture of today. Mike and his wife, Sylvia, created new designs and the company grew. Soon ...Read More

What are Lorts Manufacturing social media links?
Lorts Manufacturing Linkedin page Lorts Manufacturing Twitter page Lorts Manufacturing Facebook page
Who invested in Lorts Manufacturing?
Lorts Manufacturing has 2 investors including PPP and PPP.
Is Lorts Manufacturing a public company?
Lorts Manufacturing is private company therefore does not currently have an official ticker symbol
See more information about Lorts Manufacturing

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