MasterBrand Cabinets employees were notified Friday that the Martinsville, VA, plant would close Aug. 10, resulting in the layoff of 335 employees, according to news sources in the area.
20-20 Technologies Inc., a supplier of CAD/CAM software, including for the wood products and closets industries, is on the verge of being acquired by an affiliate controlled by Vector Capital Corporation.
Cabinetry giant Masco Corp. (NYSE: MAS) lost $75 million on second quarter sales of $2 billion. North American sales rose 3 percent, international fell 9 percent; a $75 million class action court settlement.
American Woodmark Corp. has announced plans to invest $15.2 million in its South Branch manufacturing operation in Moorefield, WV. Plans call to hire 187 employees over the next three years.
Cabinetmaker Precision Pattern Interiors, a subsidiary of Goodrich Corp., won a $1.1M breach-of-contract suit against BaySys Technologies, manufacturer of private jet aircrafts.
Bishop-Wisecarver Corporation, a manufacturer of linear and rotary guides for woodworking equipment and other machinery,announced that its president, Pamel Kan, was recently appointed as chairman of the California Manufacturers and Technology Association (CMTA) Board of Directors.
Architectural millwork firm Glenn Rieder, Inc. has acquired Quality Cabinet and Fixture Co. of San Diego, California and its majority owned subsidiary, Quality Cabinets de Mexico S. de R.L. de C.V.
Congress dodged facing the LACEY Act. A scheduled vote on reducing its restrictions on wood imports was postponed. Woodshop owner Jared Patchin's blog on who pays for work errors went viral.