The "Luxury Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to  ResearchAndMarkets.com's offering.

Peak Toolworks has acquired Expert Die, Inc. in Dalton, Georgia, Details of the acquisition were not released. With the acquisition, Peak has strengthened its presence in Southern USA with this brick-and-mortar sharpening site. the company now has 12 locations across North America.

SAIB, based in Caorso, near Piacenza, has been one of the leading wood-based materials manufacturers in Italy for 60 years, with a strong focus on design and sustainability. For the plant with around 200 employees, the majority shareholding by EGGER opens up further growth and synergies in this globally active group of companies. With this investment, EGGER is confirming its strategy of further growth in its home market of Europe.

BETHLEHEM, Pa. — The NKBA, a trade association for the kitchen and bath industry and owner of the Kitchen and Bath Industry Show (KBIS), announced its 2023 Board of Directors. Jan Heck, President and CEO of Miele USA, was elected NKBA Board Chair, succeeding Basil E. Larkin, Senior Vice President of Sales at Hestan Commercial Corp.  

Genesis Products Inc. has acquired BHK of America based in South Boston, Va. The acquisition will integrate BHK’s 46 years of production innovation in drawer components with Genesis Products’ 20 years of expertise as a leading supplier of laminated panels, wood components and custom molded solutions

Metrie has announced the acquisition of the Hemlock and Alder manufacturing and distribution business of Fred Tebb & Sons, Inc., a solid wood molding manufacturer and distributor based in Oregon.

Marvin’s CEO Paul Marvin announced that more than $12.5 million in profits would be shared among 7,062 employees across all Marvin locations this year. 

High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022.

WEST PALM BEACH, Fla. – Renowned economist Dr. Chris Kuehl, whose expertise is rivaled only by his sense of humor, will present the opening keynote address at the Closets and Wood Pro Conferences.

Synthomer Plc, a supplier of acrylic and vinyl emulsions polymers , has agreed to sell laminates, films, and coated fabrics businesses to Surteco North America, Inc. for a total enterprise value of around $255 million or 208 million pounds.