Cutting tool supplier The Simonds Group has received $32 million in new financing from Citizens Commercial Banking. The Fitchburg, Massachusetts-based Simonds will use the funds to refinance debt and provide working capital for continuing operations.

Innovate Home ORG, a division of Innovate Building Solutions, recently launched in the Columbus, Ohio area.

Closet industry professionals are thinking about the future and what do they need to ensure continued success.

ACSP is doubling down for success in 2016 with a new website launch and more.

Hettich is extending its production space for drawer runners at its Kirchlengern, Germany, headquarters.

A new bill from Congress would establish performance driven research for advancing tall wood building construction in the U.S.

Residential furniture orders fell slightly in February, down 1 percent compared to the year prior, according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. According to the High Point, North Carolina-based consulting group, this was the first time since 2014 that new orders dropped from the previous year, and the second time since March 2013.

High gross sales, employment, and capital expenditures are indicators of the current strength of the contract and office furniture industry, according to the recent Michael A. Dunlap & Associates quarterly MADA / OFI Trends Survey.

A Hangzhou, China-based ready-to-assemble office furniture firm increased its Florida warehouse and shipping center from 60,000 to 90,000 square feet as it relocates to bigger quarters in Pembroke Park, Florida. E-commerce fulfillment and custom support for assembly are buttressing RTA Products' growth.

With the introduction of the MagPi wood forming machine, SD Machinery says it has created an entirely new category of manufacturing equipment. MagPi, updated since the version shown at IWF 2014, now steam bends solid wood, as well as veneer panel and moulding, drying the material so it is ready to use in minutes.