Architectural millwork firm T.h. Snyder will receive $450,000 in tax increment finance funding from the City of Danville, Illinois to relocate to a new building near the town's center.
Haworth Inc. announced that its 2011 global sales for office furniture and workspaces reached $1.38 billion, an increase of 15 percent over 2010. The company noted that acquisitions and strategic partnerships also had a positive impact on growth for the year.
Minwax wood finishing products launched a mobile site featuring the Minwax wood stain color palette, with more than 110 stain colors. A sample how-to finishing video that runs on the app is shown below.
The Wood & Iron Factory, a manufacturer and exporter of high-end custom design pews and chancel furniture in San Diego, California, sponsors Nun Run, a fundraiser for a local religious order.
MasterBrand Cabinets is selling equipment at Capital Cabinets, acquired in 2003, modernized to state-of-the-art production in 2006. A slide show presents some items; sale closes Feb. 16, 2012.
Registration is now open for the 2012 International Woodworking Fair (IWF), the largest woodworking technology show in North America. The biennial show will be held Aug. 23-25 at the Georgia World Congress Center in Atlanta.
Logs shipped from Russia, the world largest log supplier, won't spike as the country joins the WTO, but the Russian log export tariff system is lkely to lower the tariffs on softwood logs from 25% to 15% for pine logs, and to 13% for spruce logs.
Wood manufacturing acquisitions, regulation, and capital investment topped the week's news: furniture maker Knoll acquired two firms; HNI's earnings rose; LACEY Act law changes hit Congress; Fortune Brands (MasterBrand Cabinets) upped capital investment and took a $90 M write down.