IMA Klessmann GmbH started construction of an additional production hall in October. The new production facilities, with a total area of about 10,000 square feet, will be used for the assembly, installation and initial commissioning of fully automatic digital facilities for batch size 1 production and should be ready for use in June 2017.
Its second quarter earnings restated after an audit, Goodfellow Inc., one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products, was finally able to report its third quarter earnings.
Stanley Furniture's board adopted a rights agreement to protect it from being a target of a takeover. Stanley says its substantial net operating loss carryforwards - as of October 1 totaling $20.4 million. In June Stanley retained Stephens Inc., and saus it is exploring a possible sale or merger.