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Woodworking Industry News

Updated: Lexington Manufacturing acquires Indiana lumber manufacturer

Lexington Manufacturing, a provider of engineered component solutions for the building products industry, has acquired Tru-Cut, Inc., a high-density fiberboard and lumber manufacturer based in Anderson, Indiana. This strategic acquisition marks a significant step in Lexington's continued growth and commitment to delivering operational excellence and long-term value to its customers and partners.

Woodworking Industry News

HNI Corporation acquiring Steelcase in $2.2 billion deal

Two iconic and long-time competitors in the contract furniture space are joining forces in a major acquisition. HNI Corporation and Steelcase Inc. have entered into a definitive agreement under which HNI will acquire Steelcase in a cash and stock transaction, with a total value of approximately $2.2 billion to Steelcase common shareholders.

Closets

GarageExperts' first Montana franchise opens

GarageExperts, a provider of garage flooring, custom cabinets, and organizational solutions, announced the opening of its first location in Montana. The Bozeman franchise is owned and operated by construction industry veteran Rich Tritthart.