This week's latest news finds Masco Cabinetry preparing to auction 840,000 square foot Kraftmaid Cabinet plant in Utah, dormant since its December 2008 closure. Mergers and consolidations abound, with Universal Forest Products combining divisions and Hardwoods Distribution acquiring Frank Paxton Lumber among the latest announcements.
Gibson Guitar, stormed by Federal agents invstigating suspected use of protected woods (a violation of the Lacey Act) continued to gather momentum. the CEO launched a petition asking president Obama to intervene on its behalf.
Amid the turbulent global bond market, window and door giant Jeld-Wen and Canadian investor Onix faced challenges raising funds, navigating the same choppy waters that caused Groupon and others to delay public offerings.
By Rich Christianson | Updated: 09/12/2011 1:53:00 PM
MEMPHIS, TN -- Gibson Guitar, under federal investigation for alleged violating Lacey Act rules governing protected woods, petitioned President Barack Obama to intervene on its behalf.
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Jeld-Wen faces financial challenges
G-P to shut down two plywood mills
By Rich Christianson | Updated: 09/10/2011 10:20:00 AM
ROSSETT, AR and HAWTHORNE, FL -- Georgia-Pacific said it plans to close two wood manufacturing plants and lay off approximately 1,100 workers due to "poor market conditions."
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Remodeler launches Baltic Duck Cabinets
Updated: 09/09/2011 2:25:00 PM
MESA, AZ -- Home improvement specialist Celaro Construction LLC has introduced its first cabinet line made with Baltic birch plywood.
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By Bill Esler | Updated: 09/11/2011 5:48:00 PM
NEW YORK CITY A single Callery-pear tree surrounded by over 400 swamp white oaks honor the memory of 9/11 as part of the memorial being unveiled at the tenth anniversary of the New York terrorist attack.
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