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Lumber Liquidators Net Income Falls 17 Percent

Posted by Bill Esler | Posted: 02/27/2015 9:37AM

Hardwood and laminate flooring giant Lumber Liquidators saw a 16.8% drop in net income fourth quarter, even as sales climbed 6.2% to $272 million - mostly a result of opening new outlets.


Criminal Charges Likely for Lumber Liquidators: Lacey Violations

Posted by Karen Koenig | Posted: 02/26/2015 10:35PM

Lumber Liquidator's net income was down 17%, in the fourth quarter compared to 2013, amid reports that the company may face criminal charges for Lacey Act violations.


Furniture Components Maker OMT-Veyhl Plans $8 Million Expansion

Posted by Karen Koenig | Posted: 02/26/2015 10:04AM

Furniture components maker OMT-Veyhl USA Corp. is planning an 98,000-square- foot, $8.8 million expansion at its Holland Township, MI-based facility. OMT-Veyhl said 206 jobs will be created as part of the expansion.


Kimball Office Furniture Names Sigler New VP of Operations

Posted by Karen Koenig | Posted: 02/25/2015 12:50PM

Kimball International Inc. has promoted Kathy Sigler to Kimball Office vice president of Operations at the contract furniture company.




National Office Furniture Names Roch New VP of Sales

Posted by Karen Koenig | Posted: 02/25/2015 12:30PM

Kimball International has promoted Michael Roch to the role of National Office Furniture vice president of sales.


TV Embedded in Vanity Mirror Wins a Patent

Posted: 02/25/2015 5:38AM

Technology for a backlit vanity mirror with with a TV that is invisible until it is turned on won two patents for Electric Mirror. The application took years to make their way through the US Patent Office.


Madison College hosts Veneering and Laminating Seminar

Posted: 02/24/2015 2:34PM

A record number of guests attended the latest seminar offered by the Cabinetmaking & Millwork program at Madison College.


Rising RV Sales Boost Patrick Industries Wood Components Revenues

Posted by Bill Esler | Posted: 02/23/2015 9:04PM

Patrick Industries net sales increased $43 million, a 29% rise, to $189 million, driven by acquisitions, and by wood components revenue from growing recreational vehicle and manufactured housing markets.


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