Fortune Brands Home and Security Inc. and Steelcase each made Fortune's 2013 list of as one of the 2013 "World's Most Admired Companies" in the Home Equipment, Furnishings industry category.

Nova LifeStyle Inc. has completed its acquisition of Hong Kong-based furniture maker Bright Swallow International Group Ltd. Nova LifeStyle President Tawny Lam announced the news March 18.

Tailored Living, a home storage and organization company featuring PremierGarage, will distribute a line of Ford Garage cabinetry and flooring products.

Cabinetry giant RSI Home Products will expand one of two neighboring factories in Lincolnton, NC adding 25 employees and bringing the total production area to 1.7 million square feet.

New furniture orders increased 4% in 2012 according to furniture consulting and accounting firm Smith Leonard.

Hardwood flooring preference grew in 2012, says a new study. Exotic species, such as Brazilian Cherry, Ipe, Chestnut, Tigerwood and Amendoim, sell on uniqueness. Defects can add to appeal.

The Hardwood Plywood & Veneer Association (HPVA) has upgraded its testing laboratory with the addition of Variable Environmental Chambers (VECs).

Catalina Research announced results for hardwood flooring sales in 2012 and projected trends for 2013 will continue and increase to be a favorite in 2013 home design trends. Destiny Homes, a Minneapolis and Wayzata home remodeler comments on the research results and advises on the benefits homeowners gain when choosing hardwood flooring.