J.P. Morgan Securities must pay $1.9 million to Ashley Furniture Industries in a securities dispute. Separately, Ashley opened a store in Shanghai, its first retail outlet in China.
Dorel Juvenile Group Inc. has issued a voluntary recall for approximately 685,000 Safety 1st cabinet locks and 183,000 Safety 1st toilet locks following reports of young children being able to disengage the locks.
Pergo, manufacturer of laminate flooring, has entered into a partnership with the Best Friends Animal Society to participate in the No More Homeless Pets marketing campaign.
Frank Miller Lumber FSC-certified quarter-sawn white oak was milled by Muscanell Millworks into 30,000 square feet of flooring for the new Barnes Foundation art center. It was installed by Pennsylvania Flooring div. of ReSource New Jersey Commercial Flooring.
U.S. residential furniture shipments posted double-digit gains for sixth straight month and demand for U.S. hardwoods is expected to slow due turmoil in Europe.
PIN, a store fixture manufacturer, recently installed two Holzma HPL 550 high-speed, high-production panel cutting systems to help it keep up with growth and expand its store fixture capabilities.
Casadei-Busellato announced 3K Machinery will be an exclusive distribution partner for the areas of Kentucky, Indiana, southern Illinois, mid-southern West Virginia and southwest Ohio.