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Lumber Liquidators Gets Cover from Investment Analysts

By Bill Esler Posted: 04/21/2015 11:55AM

Lumber Liquidators, under fire over allegations it sold formaldehyde-laced flooring that was falsely labeled CARB compliant, is now getting support from investment analysts Cantor Fitzgerald, which recommends its stock, and Raymond James, which commissioned tests that support the flooring manufacturer's case.

Furniture Mill Room Manager Offers Advice for Hillary Clinton

By Bill Esler Posted: 04/21/2015 11:22AM

Whitney Brothers furniture mill room manager Bob Theall turned political pundit yesterday, as Hillary Clinton visited the Keene, NH furniture manufacturer in her Presidential quest.

Celebrity Branded Furniture Multiplies at 2015 High Point Market

By Bill Esler Posted: 04/20/2015 11:08AM

At the High Point Market, Klaussner Furniture spins out a line with country singer Trisha Yearwood, and Chicago Bears' Jared Allen joined with Lane Furniture to unveil the Valor recliner, sales funding Allen's Homes For Wounded Warriors Foundation.

Could Norcraft Cabinetry Sale to FBHS Spur Shareholder Suits?

Posted by Bill Esler | Posted: 04/19/2015 7:33PM

The acquisition of Norcraft Companies, Inc. by MasterBrand parent Fortune Brands Home & Security, Inc. could be blocked by shareholder lawsuits. A law firm specializing in such actions says it is seeking litigants now.

Hardwood Demand Underwhelms Expectations, as China Weakens

By Andy Johnson Posted: 04/19/2015 7:10PM

Lumber price declines have begun to stabilize, but we continue to anticipate that lumber markets will remain slow with prices under downward pressure until fall 2015. Only high end housing and vacation homes are robust.

Harden Furniture Nixes Acquisition Bid, Remains Independent

Posted by Karen Koenig | Posted: 04/16/2015 10:49AM

Harden Furniture said Wednesday it will maintain its independent ownership, ending speculation that the residential and contract furniture manufacturer would be sold to an Asian investment firm.

Advanced Cabinet Systems Opens $1.5 Million Expansion

Posted by Bill Esler | Posted: 04/16/2015 5:02AM

Commercial casework and retail store fixture manufacturer Advanced Cabinet Systems (ACS) is investing $1.5 million to expand its Marion, Indiana based manufacturing operation.

Massive Fire Destroys Former Michigan Woodworking Plant

By Mark Vruno Posted: 04/15/2015 11:34AM

Area roads were flooded as a result of the large amount of water used to extinguish the blaze.

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