IKEA's franchise unit Inter IKEA Systems B.V. signed a seven-year franchise deal with retailer PT Hero Supermarket to operate IKEA stores in Indonesia.
RESTON, VA - The American Hardwood Export Council (AHEC) is scheduled to exhibit at the "gulfBID" show in Bahrain, April 24-26 at the Bahrain International Exhibition Centre.
Honesty is the best policy and other profit-centered value systems are proving their worth as wood manufacturing and other industries return to the U.S. That insourcing trend lets La-Z-Boy and Ethan Allen export to China.
ZEELAND, MI - Herman Miller Inc., a manufacturer of office and contract furniture, said it plans to phase out its employee pension program, a cost-saving move that is expected to take up to two years to complete.
Using excess cash and new borrowing, Armstrong World Industries confirms it will pay $500 million dividend April 10. The cabinet and flooring maker said last week it was considering the dividend.
Residential and commercial furniture manufacturer and importer Chromcraft Revington has acquired Executive Office Concepts, a seating and casegoods manufacturer located in Compton, CA.