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.
LANGLEY, BC - Hardwoods Distribution Inc.'s purchase of Frank Paxton Lumber in September is being hailed as "one of the highlights of the year," by Lance Blanco, president and CEO of HDI.