NeoCon furniture and casegoods winners, rising plywood and panel pricing, excesses of oak, and Jeld-Wen Window and Doors acquisition of Craftmaster Manufacturing were most viewed reports this week.
North American composite panel shipments in May totaled 523 MMSF, up 2.2% from last month and up 8.3% from 479 MMSF (3/4” basis) in May 2011, according to the Composite Panel Association.
Kimball International donated over 3,000 shoes to the Soles4Souls charity. The Tennessee based charity collects gently worn and new shoes to distribute to people who need them.
La-Z-Boy Inc. reported that it received more than $18 million in wood bedroom furniture antidumping income, increasing its fiscal 2012 profit to $88.9 million, more than five times the net income it posted in FY 2011.
More than 1,800 furniture and casegoods products from 41 commercial and institutional furniture manufacturers have been certified under the level program, reports the Business and Institutional Furniture Manufacturers Assn.(BIFMA).
Chuck Saylor, founder and CEO of izzy+, a manufacturer of contract furnishings, assumed the role of president of the Business and Institutional Furniture Manufacturers Assn. at BIFMA's annual breakfast meeting held June 13 during NeoCon.
SILPRO, a new company serving the building trade, announced that Pasquier Panel Products of Sumner, WA, is the company's first licensee to fabricate/market its patented I CHOICE product line.