The latest American Society of Interior Designers (ASID) Second Quarter Interior Design Billings Index reached 57.1 in June - indicating that billings remain essentially unchanged from their 1st Quarter score of 57.7 in March.
Quanex Building Products Corp. is acquiring cabinetry components maker Woodcraft Industries for $248.5 million in cash. The transaction by Quanex, a window and door components manufacturer, is expected to close in the fourth quarter.
SCHWARZACH, AUSTRIA & LUBBECKE, GERMANY - The technology leader for cut to size solutions Schelling acquires the specialist for automated edge processing technology IMA from Adcuram in Munich. Together both companies will lead the way in automation technology for the panel processing and furniture industries.