Woodworking Industry News

CompX Sells Furniture Components to Knape & Vogt

CompX International Inc. (NYSE MKT: CIX) sold its furniture components operations based in Kitchener, Ontario, Canada and Taipei, Taiwan, to Knape & Vogt Manufacturing Company for $59 million

By Bill Esler, January 2, 2013 | 1:39 pm CST

Woodworking Industry News

Universal Forest Products Finalizes Custom Caseworks Acquisition

The acquisition of Custom Caseworks Inc. by Universal Forest Products Inc. has been finalized. UFPI made the announcement on Jan. 2.

By Karen M. Koenig, January 2, 2013 | 11:57 am CST

Woodworking Industry News

Kid Brands Secures $80M Credit; Fends Off NYSE Delisting

Kid Brands Inc., an importer of juvenile furniture and other children's products, has secured a maximum $80 million revolving credit faclity to shore up its cash flow.

By Rich Christianson, January 1, 2013 | 1:38 pm CST

Woodworking Industry News

EPA's Jackson Announces Resignation

Environmental Protection Agency Administrator Lisa Jackson will resign her position.

By Karen M. Koenig, December 31, 2012 | 2:44 pm CST

Woodworking Industry News

Composite Wood Panel Shipments Up 5% YTD Over 2011

Composite panel shipments continue to improve over last year, with the latest year-to-date figures through November showing a 5.1% increase over the 2011 time period.

By Karen M. Koenig, December 31, 2012 | 1:51 pm CST

Woodworking Industry News

Masco Mills Pride Sold for $5M; Wood Firm Moving In

Masco's Mills Pride cabinetry plant will reopen in stages, after a $5 million sales by investors, including Everett Hannah, owner of Gilco International Lumber. GIlco is wooing a Chinese furniture maker.

By Bill Esler, December 30, 2012 | 11:10 pm CST

Ex-Babine Forest Products Sawmill Manager Wins $809,000 Lawsuit

Woodworking Industry News

Some 250 ComDust-Related Issues Recorded by WorkSafeBC Inspectors

WorkSafeBC has issued nearly 800 inspection reports and orders since Oct. 1 in its ongoing inspections of sawmills and wood products operations stemming from its crackdown on combustible dust accumulations.

By Rich Christianson, December 29, 2012 | 6:09 pm CST

Woodworking Industry News

Furniture Orders Up 5% in October: Smith Leonard

Furniture accounting and consulting firm Smith Leonard reports that furniture orders for October climbed 6% over October 2011.

By Rich Christianson, December 28, 2012 | 12:54 pm CST

Woodworking Industry News

Plywood Mills Pollution Has Indian Residents Up in Arms

Plywood plants operating in densely populated residential areas of Perumbavor remain the target of protests by citizens over air and water pollution concerns.

By Rich Christianson, December 27, 2012 | 12:53 pm CST

Woodworking Industry News

Ainsworth Lumber Raises $175M in Rights Offering

Ainsworth Lumber Co. Ltd. (ANS.TO) announced its has raised $175 million through a rights offering to investors.

By Rich Christianson, December 27, 2012 | 11:18 am CST