AUSTIN, TX – Temple-Inland, which recently split into three stand-alone public companies, announced the executive leadership for each of the spin-offs. They include:
HIGH POINT – High Point consulting firm SmithLeonard’s latest survey of residential furniture manufacturers and distributors indicates that sales of new furniture still seem to be declining, according to The Business Journal. The survey found that orders for new furniture in January were down 7 percent from January 2006, which followed a similar decrease in December and November.
MUSCATINE, IA – The HON Co. announced that its South Gate manufacturing plant, located eight miles south of Los Angeles, received the Shingo Prize for Excellence in Manufacturing. The Shingo Prize honors organizations that demonstrate business excellence and exceptional performance in quality, cost and delivery achieved through lean principles and techniques.
PORTLAND, OR -- Following four straight years of record consumption, demand for lumber declined 6% in 2006 and is forecast to fall another 7.5% to 55.97 billion board feet this year, according to a new forecast issued by Western Wood Products Assn. (WWPA). Looking to 2008, WWPA predicts overall demand will slip 1.8% before rebounding the following year.
PORTLAND, OR -- Following its recent development of a life-cycle assessment (LCA) tool for evaluating building assemblies in green building rating systems, the Green Building Initiative (GBI) now intends to permit its consulting team to offer a free generic version to the
WASHINGTON -- National housing starts edged up 0.8% in March as the Midwest region rebounded from a sharp decline in February and posted a 44.5% increase for the month, the U.S. Department of Commerce reported April 17.
LAMAR, MO – Financially troubled O'Sullivan Industries, one of the best-known names in ready-to-assemble furniture, announced it will close its 1-million-square-foot plant, a move that will put 735 people out of work.
CLEVELAND, OH – U.S. window and door demand is projected to increase 3.3% annually through 2010 to $36.5 billion, a deceleration from 2000-2005 period due to a sharp drop in single-family housing completions, according to The Freedonia Group Inc.