A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February 2022, according to the National Association of Home Builders.
Veritas Tools, the manufacturing arm of Lee Valley, is a manufacturer involved in woodworking tool-design. The Ottawa-based company is investing $4.5 million to increase production and add new equipment to meet growing global demand.
RICHMOND, Va. — The board of directors for LL Flooring Holdings Inc. has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, LLC, a subsidiary of F9 Brands, Inc., to acquire all of LL Flooring’s outstanding shares for $5.76 per share in cash.
HOMEE AI, a developer of generative AI, has announced its AI-as-a-Service software for the global home furnishing industry.
Equipped with proprietary AI models trained with billions of spatial scenes and furniture models, HOMEE AI helps users design houses and purchase furniture with just a few prompts, the company reports.
Koa (Acacia koa) is a legume tree native to Hawaii. It is found on all the big islands and grows from near sea-level to the tops of the mountains, although it prefers the moist sites between 3,000 to 6,000 feet. It has been reported that trees from areas of heavy rain produce straight grain, while those at higher elevations produce more figured wood. Koa is the best known wood from the Hawaiian Islands.