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Lumber Liquidators Faces Class-Action Suit: Test Kits Unreliable

Posted by Karen Koenig | Posted: 04/01/2015 1:52PM

Lumber Liquidators is facing a federal class-action lawsuit for allegedly orchestrating a "campaign of misinformation," including charges it provided unreliable kits to homeowners seeking to test for formaldehyde emissions from their laminate flooring.

Georgia-Pacific Buys Lumber Mill from RoyOMartin

Posted by Karen Koenig | Posted: 04/01/2015 10:26AM

Georgia-Pacific has acquired the Rocky Creek lumber operations in Mexia, Alabama, from RoyOMartin. Terms of the deal were not disclosed.

Martco to Construct OSB Panel Mill in Texas

Posted by Karen Koenig | Posted: 04/01/2015 8:49AM

Martco LLC announced plans to build an oriented strand board (OSB) facility in Corrigan, Texas. When completed, the OSB plant is expected to employ 165 people.

Aspen Trees Threatened by Hot Droughts

By Alex Keown Posted: 03/31/2015 10:44AM

Warming trends that favored pine beetle forest kills in millions of acres in the western United States could strike aspen forests next, says a new Princeton University study.

Nova LifeStyle Furniture U.S. Sales Up 46 Percent; an IKEA Boost

By Bill Esler Posted: 03/31/2015 6:05AM

Furniture manufacturer and designer Nova LifeStyle's 2014 net sales were $98.7 million; an increase of 26% over 2013. Sales to IKEA in CHina helped, but the "U.S. remains our largest market and we remain committed to increasing brand recognition across the country," says Jeffrey Wong, CEO

Norcraft To Be Acquired by MasterBrand Cabinets' Fortune Brands

By Karen Koenig Posted: 03/30/2015 8:30AM

The nation's largest cabinet conglomerate will be even bigger with the announcement that MasterBrand Cabinets' owner Fortune Brands Home & Security Inc. will acquire Norcraft Companies.

Lumber Liquidators Considers Libel Suit: Fox News Report

By Bill Esler Posted: 03/29/2015 9:02AM

Lumber Liquidators management may sue 60 Minutes for libel. The move, says Fox News, is buttressed by the Consumer Products Safety Commission's decision to use "non-destructive" testing in of the firm's flooring for excessive levels of formaldehyde.

Flairwood Contract Furniture Under New Ownership

Posted by Karen Koenig | Posted: 03/27/2015 12:18PM

Contract furniture producer Flairwood Industries is under new management. Furniture industry executive Wayne Baxter has become the majority owner of the Muskegon-area firm and will take over as president.

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