Woodworking Industry News

Woodworking Industry News

French tax

Steelcase Inc. (NYSE:SCS) fourth quarter revenue was $747.9 million and net income of $77.5 million. Results include significant favorable impact from reversal of French tax valuation allowance and gain on partial sale of unconsolidated affiliate

Furniture

ROL USA to invest nearly $20 million in Michigan manufacturing plant

HOLLAND TOWNSHIP, Mich. - ROL USA, a subsidiary of the Swedish furniture firm, ROL Ergo, will build a 140,000-square-foot manufacturing plant in Holland Charter Township, Michigan, investing $19.8 million and creating approximately 51 new jobs within the first two years of construction.ROL, a global supplier of custom-made electric sit-stand table stands, will laser cut, weld, form, powder coat and machine metal as well as assemble and package office furniture products at the new facility.

Woodworking Industry News

Viking Cabinets fined $107,000 by state for health, safety violations

Viking Cabinets Inc., a Spanaway, Washington, cabinet shop, has been cited by the state's Department of Labor & Industries for 29 serious health and safety violations, officials announced.Viking was accused of exposing workers to fire hazards from flammable liquids, chemical exposure and other workplace health risks. The violations carry fines ranging from $1,600 to $4,200 and total $107,000.