ASHEBORO, N.C. — A former Klaussner employee filed a federal lawsuit on Aug. 10, a few days after the company shut down.  The plaintiff, Trey Chavis,  alleges the company did not give them at least 60 days notice, as required by the WARN Act. Chavis filed his lawsuit (1:23-cv-00876, Chavis v. Klaussner Furniture Industries Inc.) in a Delaware court requesting class-action status and a jury trial. Chavis was employed at the Klaussner plant at 405 Lewallen Road in Asheboro, which employed 558 who were subsequently let go.

WASHINGTON – A lack of existing inventory and solid demand helped offset rising mortgage rates and push single-family production higher in July, even as builders continue to grapple with elevated construction and financing costs as well as a lack of skilled labor, according to the  National Association of Home Builders (NAHB). Overall housing starts increased 3.9% in July to a seasonally adjusted annual rate of 1.45 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. 

Footwear manufacturer celebrates students starting a career in construction through media platforms.

Technology Design Magazine’s design-build conference debuts September 7 in Denver.

FMR LLC, an investment firm, added 264,651 shares of RH, a luxury retailer in the furniture and home furnishing industry. This acquisition has brought FMR LLC's total holdings in RH to a 12.21% stake in the company.

Online auction features more than 400 lots of late-model CNC machines, edge banders, routers, laminators and other woodworking equipment.

On Aug. 1, 2023, Argosy Private Equity acquired a controlling interest in Barco Products, a designer, manufacturer and distributor of commercial outdoor site furnishings and traffic safety products. 

Market will grow at CAGR of 7.17% from 2022 to 2027.

The National Association of Home Builders (NAHB) is calling on policymakers at all levels of government to take actions that will help boost the nation’s housing supply in order to ease a stubbornly high housing inflation rate that is harming the overall economy.

Researchers from Damietta University, Damietta,, Egypt, developed a method to alter the color and antimicrobial characteristics of wood using a nanotechnology approach.