Century Furniture, Ashley Group, Vaughan-Bassett and Sauder Woodworking were among American Home Furnishings Alliance winners for environmental and safety leadership at AHFA's 2012 Sustainability Summit.
Table saw safety legislation that would require an electronic braking device to stop saw blades, similar to SawStop technology, has been introduced by Assemblyman Das Williams.
Two major furniture manufacturers topped this week's news with Linwood Furniture filing for bankruptcy and La-Z-Boy receiving $16MM in antidumping duties for its wooden bedroom furniture.
An office furnishings refurbishment firm, HMU llc, has acquired a 128,650-square-foot building in Richmond, VA, for $2.15 million from Sachs Investing Co. of New York, NY.
Cabinets giant Masco sold out a $400 million debt offering this week. Separately, the firm is the being targeted by a New York law firm seeking investors to join a 'rights action' over what it deems to be excessive executive compensation.
La-Z-Boy Inc. will partner with Kuka Home, one of China's largest furniture producers and retailers, for distribution and manufacture of La-Z-Boy recliners and motion furniture in China.The deal includes U.S.-made furniture to ship to China.