The Lithuanian conglomerate plans to invest more than $70 million to establish the 500,000-square-foot residential furniture manufacturing and distribution plant, creating 250 jobs in Davie County.
SA International (SAi), a global leader in software for signmaking, digital printing, and CNC machining, reported an "exceptional year of growth and transformation across all areas of its business."
Woodgrain Inc., a leading millwork and building products company, and Jeld-Wen Holding Inc. have entered into an asset purchase agreement for the sale of the Towanda, Pennsylvania, plant to Woodgrain. The deal concludes a multi-year antitrust legal battle between Jeld-Wen and Steves & Sons.
Economic improvement in the United States will continue in 2025, say the nation's purchasing and supply management executives in the December 2024 ISM Supply Chain Planning Forecast, formerly known as the Semiannual Economic Forecast. This positive news holds true for the wood products' manufacturing industry and the furniture manufacturing industry.
A group of residents at Emerald Heights, a LifePlan Community in Redmond, Washington, recently made and donated over 500 hand-crafted wooden toys to local charities.
1847 Holdings LLC, a holding company with companies in the cabinet and millwork industry, has secured a private placement for gross proceeds of $11.42 million, prior to deducting placement agent fees and other expenses payable, to fund an acquisition.