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Leggett & Platt May Sell Store Fixtures Business

By Karen Koenig Posted: 07/15/2014 1:14PM

Leggett & Platt said it may divest its store fixtures operations as the business unit continues its financial struggles. An investment banker has been retained to explore strategic alternatives.

Roombots Mini Motorized Robots Put Furniture in Motion

Posted by Rich Christianson | Posted: 07/14/2014 4:41PM

Scientists at the Biorobotics Laboratory (BIOROB) in Switzerland are giving a whole new meaning to the concept of furniture on the go with their Roombots.

CatchMark Adds Timber Acreage for $106 Million

Posted by Karen Koenig | Posted: 07/14/2014 9:30AM

Timber management firm CatchMark Timber Trust Inc. will add 55,671 acres of prime timberlands to its portfolio through two separate transactions totaling $106 million.

Wood-to-Gasoline Plant Hits Financial Troubles

By Bill Esler Posted: 07/13/2014 6:30PM

KiOR, which converts wood and other cellulosic fibers into gasoline, said in an SEC filing it is unable to make a $1.8 million loan payment to a state agency that funded it, and has retained advisors to develop strategies, including possible sale.

New Viridis Energy Port Partner Pumps $1M in Wood Pellet Business

Posted by Rich Christianson | Posted: 07/11/2014 4:07PM

Halifax Grain Elevator has agreed to invest up to $1 million in return for a maximum 20% equity ownership in the Viridis subsidiary Scotia Atlantic Biomass.

La-Z-Boy Names Daniel King President, Retail Segment

Posted by Bill Esler | Posted: 07/11/2014 3:36PM

La-Z-Boy Incorporated announced the promotion of Daniel King to President of the company's Retail Segment.

Peter Wege, Son of Steelcase Co-Founder Dies at Age 94

Posted by Rich Christianson | Posted: 07/11/2014 3:15PM

Peter Melvin Wege, who had a 54-year career at Steelcase Inc., a business co-founded by his father, died July 7. He was 94.

More than Two-Dozen CNC Software Updates in SAi EnRoute 5.1

Posted By Matt Schumake | Posted: 07/11/2014 10:00AM

SA International, a leading provider of solutions for professional signmaking, wide-format digital printing and CNC machining industries, announces the availability of SAi EnRoute 5.1.

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