Affinity Tool Works will acquire woodworking tool and accessory manufacturer HTC Products Inc. including its Portamate unit.

China's old-line furniture retailers, hurt as falling home values spook middle-class buyers, now face an aggressive IKEA, which plans 15 more stores to furnish 36 million low-income rental units due by 2015.

Decore-ative Specialties introduces Streamline design software for ordering ready-to-assemble, frameless components online.

Plywood giant Arauco, suffering a fire in Chile, says it will buy Uniboard USA's $160 million panel mill, opened less than two years. A wood moulding franchise tells why its business model can failed. Read the week's most-viewed stories at WoodworkingNetwork.

CFP Components, a division of Columbia Forest Products, has acquired Cabinotch, the Owensboro, KY manufacturer of a unique made-to-order cabinet box system.

Packaging manufacturer Pregis Corp. has appointed Kevin Baudhuin to president and CEO.

DELFT, NETHERLANDS -- IKEA, the world's largest retailer of furniture, is phasing out wooden pallets in favor of cardboard pallets to transport its products.

Ten furniture industry representatives have been added to The Bernice Bienenstock Furniture Library's board of directors.

IRVING, TX -- MJB Wood Group Inc., which services large manufacturers of cabinets, furniture and other wood products, has added new distribution and sales locations in the United States and Mexico.

Construction spending totaled $807 billion in November 2011, the highest level since June 2010, according to a report from the AGC.