In the wake of Hurricane Irene, Lowe's Companies Inc. announced today the company will pledge $1 million to disaster relief and rebuilding efforts in communities affected by the storm.

Sawmills in tropical hardwood-producing regions such as South America, Africa and Southeast Asia closed operations and curtailed production faster than North American sawmills during the global recession.

Furniture by Dovetail doubled to 16 employees, adding cabinetmakers, . The hand-crafted furnishings maker was acquired by Jonas Geiger earlier this year.

Hooker Furniture (Nasdaq:HOFT) reported second quarter net sales of $55.6 million, up 4.1% with net income up 33 % to $1.6 million. A fire sprinkler leak last month did $250,000 in damages.

KLAMATH FALLS, OR -- Window and door manufacturer Jeld-Wen faces potential bankruptcy after failing to raise $575 million in bond sales.

Leitz Tooling Systems has appointed Jon Woodruff to vice president of Manufacturing & Engineering.

International Paper announced it has reached a definitive merger agreement with Temple-Inland Inc. and will acquire all of the composite panel and packaging manufacturer's outstanding common stock for $32.00 per share in cash, plus the assumption of $600 million in Temple-Inland's year-end debt. The total transaction value is approximately $4.3 billion.

Fortune Brands Inc.'s Home & Security unit adopted a poison pill Tuesday to protect shareholders from a hostile takeover in anticipation of its spinoff Oct. 3.

High Point-based Paul Brayton Designs said it will relocate its upholstered furniture manufacturing plant to the former Bobby Labonte building in Archdale, NC. Plans call for the contract and hospitality furniture manufacturer to add 100 jobs over the next two years.

MultiCam Inc., a global CNC cutting system manufacturer, has promoted Tony McGrew to operations manager.