Woodworking Industry News

Quaker Fabric Likely to Liquefy Assets

FALL RIVER, MA –Quaker Fabric Corp., which supplies upholstered fabrics to furniture markets in the United States and abroad, has determined that it has not met the requirements for committed borrowings under its existing lending agreements. Because of this, any advances to the company by its revolving lenders will only occur on a discretionary basis.

Woodworking Industry News

Herman Miller Ends Fiscal 2007 with Strong Q4

ZEELAND, MI – Herman Miller Inc. released its results for the fourth quarter and fiscal year ended June 2. Sales in the fourth quarter increased 9.3% from the same period of the prior year, which resulted in a 10.5% fiscal year increase. Orders for the quarter increased 7.9% over the prior-year period, driving a 20.9% year-over-year growth in ending backlog. Net earnings for the quarter were $31.7 million.

Woodworking Industry News

Pfleiderer to Build MDF/HDF Plant in Russia

NEUMARKT, GERMANY - Pfleiderer AG announced plans to construct a plant for making medium-density and high-density fiberboard at its manufacturing site in Podberesje, Russia. The new plant will have an annual capacity of more than 400,000 cubic meters and is scheduled to start production in the third quarter of 2009. Read more.

Woodworking Industry News

Amarr"s Testing Lab Gains Accreditation

WINSTON-SALEM, NC -- Amarr Garage Doors recently became one of the first garage door manufacturers to receive accreditation for a company-owned testing facility, according to Professional Door Dealer. The accreditation was given by the American Association of Laboratory Accreditation and took nearly a year to gain approval.

Woodworking Industry News

Woodgrain Millwork to Close White City, OR, Plant

WHITE CITY, OR -- Woodgrain Millwork Inc., an international millwork and moulding company, plans to close its White City, OR, plant on Sept. 7, and shift production to its Prineville, OR, operation, according to the Mail Tribune. The company blames the closure on declining housing starts, a shaky market and increasing global competition.

Woodworking Industry News

Tropical Trees Threatened by China Trade

BEIJING, CHINA —Merbau trees, once common in countries from East Africa to Tahiti, face extinction, according to the environmental group, Greenpeace. The group reports that these trees, which now exist in large numbers on the island of New Guinea, are being felled illegally and smuggled into China. There, the trees are manufactured into hardwood flooring and furniture products for export to Europe, North America and Australia.

Woodworking Industry News

WoodEye Celebrates 20th Anniversary

SUWANEE, GA – This year, WoodEye celebrates its 20th anniversary. The company says its success is partly due to the ease of use of its equipment. Additionally, the company said a new graphic user interface that was introduced in spring is more user-friendly than ever before.