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Largest Forest in Eastern U.S To Be Sold by Foley Timber

By Bill Esler Posted: 04/02/2015 8:03AM

The largest forest in the Eastern U.S will be sold by Foley Timber and Land Company. Acquired in 1994 from Procter & Gamble, the approximately 561,000 acres is packed with cedar, oak, and other hardwoods.

Wood Component Firm Patrick Industries Names Scott Welch to Board

Posted by Bill Esler | Posted: 04/01/2015 8:22PM

Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and wood components for RVs, manufactured housing and industrial markets, named M. Scott Welch to its board.

Stevens Industries Cabinetry Dealers Stage 3-Day Conference

Posted: 04/01/2015 4:13PM

Stevens Industries, one of the largest cabinet manufacturers in the United States, hosted a three-day conference in Effingham. Nearly 100 dealers, vendors and guests attended, representing 30 different states

Lumber Liquidators Faces Class-Action Suit: Test Kits Unreliable

Posted by Karen Koenig | Posted: 04/01/2015 1:52PM

Lumber Liquidators is facing a federal class-action lawsuit for allegedly orchestrating a "campaign of misinformation," including charges it provided unreliable kits to homeowners seeking to test for formaldehyde emissions from their laminate flooring.

Georgia-Pacific Buys Lumber Mill from RoyOMartin

Posted by Karen Koenig | Posted: 04/01/2015 10:26AM

Georgia-Pacific has acquired the Rocky Creek lumber operations in Mexia, Alabama, from RoyOMartin. Terms of the deal were not disclosed.

Martco to Construct OSB Panel Mill in Texas

Posted by Karen Koenig | Posted: 04/01/2015 8:49AM

Martco LLC announced plans to build an oriented strand board (OSB) facility in Corrigan, Texas. When completed, the OSB plant is expected to employ 165 people.

Aspen Trees Threatened by Hot Droughts

By Alex Keown Posted: 03/31/2015 10:44AM

Warming trends that favored pine beetle forest kills in millions of acres in the western United States could strike aspen forests next, says a new Princeton University study.

Nova LifeStyle Furniture U.S. Sales Up 46 Percent; an IKEA Boost

By Bill Esler Posted: 03/31/2015 6:05AM

Furniture manufacturer and designer Nova LifeStyle's 2014 net sales were $98.7 million; an increase of 26% over 2013. Sales to IKEA in CHina helped, but the "U.S. remains our largest market and we remain committed to increasing brand recognition across the country," says Jeffrey Wong, CEO

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