The company’s second quarter results come on the heels of its Jan. 16 announcement to implement a restructuring plan that includes reducing the number of manufacturing and distribution bedding plants from 50 to between 30 and 35 and a smaller number of furniture facilities.
As cities across the globe intensify their efforts to lower their carbon footprint, mass timber is emerging as a material in sustainable construction. In response to this growing trend, the Softwood Lumber Board has supported successful recent mass timber accelerator programs and is seeking additional cities and funding partners for 2026.
Aaron’s Company, a lease-to-own provider of furniture, electronics and other home goods recorded a net loss of $11.9 million on revenues of $503.1 million in the second quarter ended June 30.
Ayr Custom Cabinetry in Nappanee, Indiana, has been included in the 2024 Inc. 5000 list of the fastest-growing private companies in America. According to Inc., the company achieved 81% growth over a 3-year period.