TOP HEADLINES

Woodworking Industry News

Knoll Declares Profit Gains

EAST GREENVILLE, PA – Knoll Inc. announced results for the third quarter, which ended Sept. 30. Net sales were $243.6 million for the quarter, an increase of 16.4% from third quarter 2005. Operating income was $30.2 million, an increase of 14.8% from the third quarter 2005. Net income for the quarter was $15.6 million, compared to $8.2 million in the same period last year.

Woodworking Industry News

Management Completes Buy-Out at Greenwood & Wood

WAKEFIELD, UK -- Greenwood & Wood, a manufacturer of designed office furniture, has been acquired in a management buy-out from Workspace Office Solutions. Managing Director, John Robinson, and Sales Director, Tony Sellers, now jointly own the business. The company announced it is retaining the entire current workforce. Read more.

Woodworking Industry News

Mikron Honors Top Dealers

RENFREW, ON -- Mikron Woodworking Machinery, a manufacturer of unique moulding equipment, recently honored its top North American dealers for the period May 1, 2005 to April 30, 2006. California Woodworking Machinery was named number one, followed by Edward B.

Woodworking Industry News

Furniture Brands Announces Q2 Results

ST. LOUIS, MO -- Furniture Brands Int'l. announced its second quarter results Wednesday, July 26. The company reported net sales for the second quarter of $601.3 million, compared to $593.8 million in the second quarter of 2005, which is an increase of 1.3%. Net earnings were $17.0 million for the second quarter, up from $9.6 million of the same period last year. Net sales for the first half of 2006 were $1.262 billion, which was an increase of 2.2% from $1.235 billion in the first half of 2005.

Woodworking Industry News

Temple-Inland Reports Q2 Sales Increase

AUSTIN, TX -- Temple-Inland Inc. reported second quarter 2006 net income of $192 million compared with second quarter 2005 net income of $69 million. Results for the recently completed second quarter include an after-tax profit of $87 million, primarily associated with the previously announced settlement of tax litigation. Read more.

Woodworking Industry News

Danzer Group Add Online Veneer Database

FRANKFURT, GERMANY Danzer Group, a manufacturer of hardwood veneers, announced an expansion of its company Web site. Visitors can now view a detailed veneer database with various search options. Customers are provided with information on the origin, color, characteristics and application of each species, as well as an overview of available lumber. Customers also can use an interactive feature to find the right Interforest contact partner in their area.

Woodworking Industry News

OGB Architectural Millwork Receives Job Funding

ALBUQUERQUE, NM -- OGB Architectural Millwork received $63,830 from New Mexico?s Job Training Incentive Program (JTIP) for the creation of 12 new jobs, according to Expansion Management. JTIP reimburses a portion of training costs connected with jobs created by new or expanding companies that either create a product in New Mexico or have a non-retail service with 50% of the customer and revenue base outside the state. Currently, six businesses received funding.

Woodworking Industry News

Merillat Launches Spanish Web Site

ADRIAN, MI -- Merillat Industries LLC, a cabinet manufacturer, announced the launch of the Spanish version of its company Web site. The Spanish version includes all of the same features as the main site. To view, log onto www.merillat.com and click on "En Espanol" on the top of the screen.