Woodworking Industry News

Woodworking Industry News

States Industries ends Chapter 11

As of Oct. 29, the operations of States Industries Inc. have been acquired by States Industries LLC, ending the company’s Chapter 11 bankruptcy proceedings. Renwood States Lending LLC provided financing throughout the Chapter 11 process and is the senior lender to the new States Industries LLC.

Woodworking Industry News

FTC proposes green guides changes

The U.S. Federal Trade Commission (FTC) has proposed a number of revisions to its Guides for the Use of Environmental Marketing Claims. One of the most significant is a new section on the use of environmental certifications and seals of approval in advertising.