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Woodworking Industry News

U.S. Chemical Safety Board deploys to fatal explosion

The U.S. Chemical Safety and Hazard Investigation Board (CSB) is sending a team to investigate the fatal explosion at the Horizon Biofuels facility in Fremont, Nebraska, that occurred on July 29. The blast fatally injured three people – two young girls and an adult man – who were in the facility at the time of the incident.

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.