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Woodworking Industry News

Furniture and wood products' production down again in December

TEMPE, Ariz. — Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:

Furniture

Stylex acquired by 9to5 Seating parent Flokk

Commercial furnishings manufacturer Stylex has been acquired by Flokk, a leading European office seating and furniture manufacturer. Stylex will continue to operate independently as a brand in the Flokk portfolio. Terms of the transaction, expected to close Jan. 31, were not announced.