Woodworking Industry News

Stiles Awards Dealers for Sales Achievements

GRAND RAPIDS, MI – Stiles Machinery Inc. recognized three dealers with Market Share Achievement Awards. Advanced Machinery Systems of Kaysville, UT, won the gold award. The silver award went to High Tech Industries of Vero Beach, FL, and the bronze award went to Edward B. Mueller Co. of Cincinnati, OH

Woodworking Industry News

PSI Launches LEED Compliant Laminated Components Line

ST. ALBERT, AB – Panel Source International Inc. has launched a new sales program focused on supplying melamine laminated composite panels suitable for use in the LEED Construction Rating Systems. Included are five separate cores: FSC certified particleboard, FSC certified MDF, urea formaldehyde free particleboard, urea formaldehyde free MDF and PureKor Platinum MDF, which is FSC certified and contains no urea formaldehyde. For more information, phone (877) 464-7246 or visit www.panelsource.net.

Woodworking Industry News

Weinig Extends CEO’s Contract

TAUBERBISCHOFSHEIM, GERMANY – The Supervisory Board of  Michael Weinig AG extended CEO Rainer Hundsdorfer's contract by another five years. Dr. Thomas Bach, chairman of the supervisory board, said, "With Rainer Hundsdorfer at the head of the managing board, the Weinig Group has experienced extremely stable growth in recent years."

Woodworking Industry News

SCM Honors Top Dealers

DULUTH, GA – SCM Group USA honored its top dealers at its annual dealer meeting held on Mach 28. Southeastern Machinery Group of Duluth, GA, was recognized as Partner of the Year for outstanding sales performance.

Woodworking Industry News

KI Promotes Ganiard to President

GREEN BAY, WI – Rod Ganiard has been named president of KI. In his new role, Ganiard assumes leadership and management of KI’s United States and Canada Operations. Dick Resch will continue as chairman of the board and CEO, while continuing to oversee the company’s international business, Spacesaver Corp. and global sourcing.

Woodworking Industry News

Haverty Furniture to Hold 1Q Earnings Conference Call May 3

ATLANTA – Haverty Furniture Companies Inc. will release first quarter 2007 earnings results on Wednesday evening, May 2. In conjunction with the release, the company will conduct a conference call with analysts and institutional investors on Thursday, May 3, at 10:00 a.m. EDT. Interested persons can listen to the call at www.streetevents.com or the company’s Web site, www.havertys.com.

Woodworking Industry News

Furniture Brands to Close Plants, Cut 330 Jobs

ST. LOUIS – Furniture Brands Int’l. Inc. said it is eliminating 330 jobs, including 80 executive and administrative positions. According to Earthtimes.org the company plans to cut down on costs in the wake of declining sales. Furniture Brands, which operates such brands as Broyhill, Drexel Heritage, Henredon, Lane, Maitland-Smith and Thomasville, said the plan will create an annual savings of approximately $13 million.

Woodworking Industry News

Premier Machinery Moves Corporate HQ

ROME, OH -- Premier Machinery Inc., an importer of woodworking machinery, as well as a provider of parts, service and tooling, is moving their corporate headquarters to South Carolina, effective May 1. The move will consolidate the parts and service department and sales department.