Furniture & Wood Products Manufacturing Projected to Grow in 2014
Economic growth in the United States will continue in 2014, say the nation's purchasing and supply management executives in their December 2013 Semiannual Economic Forecast.
Industry Veteran Named AWI / QCC Executive Director
Randolph Estabrook, former owner and CEO of Enterprise Woodcraft & Design, Inc. of Brentwood, MD, was appointed Executive Director of the Architectural Woodwork Institute Quality Certification Corporation (AWI / QCC). With 20 years of architectural woodwork experience, including six at the helm of the Quality Certification Program (QCP), he brings unique experience back to AWI / QCC.
JSA and MADA Launch New Initiative
John Sacks’ JSA Consultancy Services (JSA) based in central London, UK and Michael A. Dunlap & Associates (MADA) in Holland, Michigan are pleased to announce they are combining their individual talents and intellectual assets into a collaborative venture that primarily serves the interests of the commercial furniture industries in North America and Europe.
Hooker Furniture Reports Increased Sales
Hooker Furniture reported net sales of $59.1 million and net income of $2.1 million, or $0.20 per share, for its fiscal 2014 third quarter ended November 3, 2013. Sales increased $2.3 million, or 4.1%, while net income decreased $317,000, or 13.0%, compared to last year's third quarter. Earnings per share decreased to $0.20 from $0.23 in the comparable period a year ago.
Christian Pfeiffer Named New Department Head of LIGNA
On 1 December Christian Pfeiffer (37) took over the directorship of LIGNA, the leading trade fair for the wood and forestry industries, succeeding Katariina Rohrbach in that capacity.
Eumabois to Exhibit at IWF Woodworking Show
Eumabois – the European federation of woodworking technology, tools and accessories manufacturers, gathering 13 national associations including over 800 European manufacturers – has issued the 2014 exhibition calendar that lists the events officially supported by the federation.
West Fraser Timber Co. Ltd.: Cash and Stock Dividend Notice
The Board of Directors of West Fraser Timber Co. Ltd. has declared a quarterly dividend of $0.14 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 13, 2014 to shareholders of record on December 23, 2013.
Custom Aircraft Cabinets Expands Fabrication Capacity
Custom Aircraft Cabinets (CAC), manufacturers of high-quality cabinetry and upholstered products for high-end aircraft interiors, recently doubled the fabrication capacities at the 146,000 square foot Sherwood, Arkansas facility.
Cole to Retire as Hooker Furniture President
Alan Cole, president of Hooker Furniture Corporation (Nasdaq:HOFT) has announced he will retire at the end of the company's current fiscal year, effective February 2, 2014. He will be succeeded by Michael Delgatti, currently serving as the president of Hooker Upholstery and the Executive Vice President of Sales for the company.
Toxic Chemicals Linked to Asthma Identified in Building Materials
As asthma rates continue to rise, the Healthy Building Network (HBN) warns that new preventive strategies are needed to address this epidemic at its source.
