Hooker Furniture quarterly net income almost doubled to $2.3 million, even as sales stayed flat. "We've seen an improvement in incoming orders over the last 60 days," says CEO Paul Toms.
VANCOUVER, BC -- Canfor Corporation (TSX:CFP) announced it will permanently close two saw mills one week after signing an agreement to acquire Tembec Industries Ltd.'s southern British Columbia interior wood products assets, including a pair of sawmills.
Green Man Forest Products of New South Wales, Australia, has been certified by Scientific Certification Systems to Forest Stewardship Council standards for responsible forest management.
World Market Center Las Vegas announced it has reached a multi-year showroom deal with residential furniture manufacturer Bassett Furniture Industries Inc.
La-Z-Boy Inc. announced sales for the fiscal second quarter increased 5.0%, compared to the same period last year. Sales for the second quarter were $307.7 million, while the company reported net income of $7.9 million, compared with $3.9 million in 2011.
Mark Allen, creative director at MultiCam Inc., passed away on Dec. 3 from lung cancer. Allen worked at the CNC cutting system manufacturer for eight years.
Stiles Machinery announced it will host an expo on solid wood, sanding and finishing applications on Jan. 25 and 26, 2012, at its High Point, NC, facility.
The number of improving housing markets continued to expand for a fourth consecutive month in December, rising from 30 to 41 on the NAHB/ First American Improving Markets Index. Nine smaller markets dropped from the list, primarily because of softer home prices.