Los Angeles-based residential furniture manufacturer Nova LifeStyle said in an SEC filing it made a share transfer agreement to sell its China manufacturing subsidiary for $8.5 million.
Architecture firms are beginning to feel the impact of labor shortage across the construction industry, according to the latest Architecture Billings Index issued in September.
183 governments set limits on global rosewood trade. The new Convention on International Trade in Endangered Species (CITES) regulation covers 80 percent of the multi-billion dollar global trade in precious rosewoods. China and Viet Nam are the biggest users, mostly for luxury furniture.
Private equity firm Alpine Investors acquired Salt Lake City-based Arcom, the keeper of American Institute of Architects MasterSpec content, which is used by 88 percent of the top architectural and engineering firms in the U.S., including architectural woodworking companies.
The 2016 annual Architectural Woodwork Institute (AWI) convention taking place Sunday, October 23 until Tuesday, October 25 in Kansas City, Missouri will visit veneer firm C.S. Humphrey & Co. and RCS Millwork's 60,000 sq. ft. plant. The convention will also feature educational sessions, industry professional speakers, team building, networking, and over 50 industry-leading exhibitors.
The U.S. Forest Service has finalized a policy that it says will provide nationally consistent training, evaluation and certification requirements for the use of chain saws and crosscut saws on National Forest System lands.
Lockout - tag out rules are clarified by OSHA, in what the agency says is part of its ongoing effort to revise provisions in its standards that may be confusing, outdated or unnecessary. It's among 18 changes the Occupational Safety and Health Administration is recommending.
Frank Miller Lumber, a manufacturer of quartersawn and plainsawn hardwoods, has acquired USA Woods International Inc., a Memphis-based wholesale American hardwood lumber exporter.