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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.


Royce//Ayr Adds Space & Technology to Woodworking Tooling Plant

Posted by Rich Christianson | Posted: 07/10/2014 9:04AM

Royce//Ayr, a manufacturer of cutting tools for woodworking, metal working and other industries, plans to build a 20,000-square-foot addition to its manufacturing facility in Cambridge.


Goodfellow Nets $2.1M Q3 Profit; CEO Sets Retirement Date

By Rich Christianson Posted: 07/09/2014 10:15AM

Goodfellow Inc. (TSE:GDL), a re-manufacturer and distributor of lumber and hardwood flooring, reported net earnings of $2.1 million (Cad) on consolidated sales of $134.0 million for its third quarter ended May 31.


IKEA Sued by Furniture Supplier for Breach of Contract

Posted by Karen Koenig | Posted: 07/02/2014 4:32PM

IKEA is being sued for $25 million by a now shuttered Canadian furniture manufacturer for breach of contract. Its couch appears on the Big Bang Theory television show.




20-20 Technologies Rebrands Name, Reboots Website

Posted by Rich Christianson | Posted: 07/01/2014 12:41PM

20-20 Technologies, a developer of design and enterprise software used by furniture manufacturers, designers, retailers and other, will now be simply known as 2020.


WMS 2015 & 2017 Dates Set at Toronto's International Centre

Posted: 06/26/2014 1:10PM

The 2015 Woodworking Machinery & Supply Expo (WMS 2015), Canada’s largest display of professional-grade woodworking equipment, accessories and supplies, takes center stage Nov. 5-7, 2015 and will return for an encore Nov. 2-4, 2017 at the International Centre.


Dorel to Acquire Chinese Juvenile Furniture Maker

Posted by Karen Koenig | Posted: 06/23/2014 4:29PM

Dorel Industries Inc. has signed an agreement to acquire the juvenile business of Hong Kong-based Lerado Group, one of the largest juvenile product manufacturers in China. The acquisition will give Dorel its first company-owned factory in Asia.


Canada Housing in 3-Month Holding Pattern

Posted by Rich Christianson | Posted: 06/22/2014 11:26AM

Canadian housing starts held steady for the third straight month in May and the market appears to be headed for a "soft landing" this year, according to Canada Mortgage and Housing Corporation (CMHC).


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