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Sport-Haley Files Chapter 11 in Chromcraft Furniture Winddown

Posted by Karen Koenig | Posted: 03/11/2015 10:40AM

Sport-Haley Holdings has filed voluntary petitions for relief under Chapter 11, allowing the company to complete the winddown of Chromcraft Revington. The furniture company's sale to Arts & Crafts was finalized Feb. 27.


American Woodmark Cabinetry Profits Up 250 Percent

Posted: 03/10/2015 8:29PM

American Woodmark third quarter cabinetry sales increased 12% to $189 million, while profits rose exponentially, up 250 percent to $7.5 million for the period ended January 31, 2015.


Conestoga Wood to Rebrand Sunriver Cabinetry Components

Posted by Karen Koenig | Posted: 03/10/2015 12:40PM

The Sunriver cabinet components brand will be incorporated into that of parent firm Conestoga Wood Specialties, the large custom cabinet doors and wood cabinet components firm announced.


Door Manufacturer Masonite Eyes Major Technology Upgrades

Posted by Bill Esler | Posted: 03/09/2015 10:52PM

Masonite International (NYSE: DOOR) net sales rose 6.8%, to $448.9 million in the fourth quarter, and 6.2%, to $1.84 billion for the year ended Dec. 28. Currency exchange rates hurt. Masonite looks at major CNC and robotic automation upgrades.




Ethan Allen Furniture Opens 75th Store in China

Posted: 03/08/2015 10:27AM

American furniture manufacturer Ethan Allen cut the ribbon on its 75th location in China, an opulent multi-level flagship store in Haikou, the influential capital of Hainan province.


Ashley Furniture Whittles Costs as It Expands Sales in Asia

By Bill Esler Posted: 03/07/2015 6:17PM

Ashley Furniture cuts wood manufacturing costs relentlessly, even producing its own cutting tools, as it aggressively pursues retail sales in China, adapting designs to meet the growing middle class there. Ashley says it plans on 1,000 stores in Asia.


Lumber Liquidators' Woes Continue With Class-Action Lawsuit

Posted by Michaelle Bradford | Posted: 03/06/2015 1:30PM

Lumber Liquidators, on the heels of a federal probe and allegations that its laminate wood flooring from China contains high levels of formaldehyde, is facing an onslaught of legal action, including a class-action lawsuit.


Ashley Furniture Declines $6 Million Tax Credit

By Michaelle Bradford Posted: 03/05/2015 10:29AM

Ashley Furniture will forego $6 million in tax credits approved by the Wisconsin Economic Development Corp. for its Arcadia, WI, plant and return $256,706 in job creation tax credits because it could find enough available workers.


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