Woodworking Industry News
Huttig Building Products Receives Loan from GE
NORWALK, CT -- GE Commercial Finance – Corporate Lending announced today that it has provided a $160 million asset-based credit facility to Huttig Building Products Inc., a domestic distributor of millwork, building materials and wood products used
Lay-Offs Expected at Andersen Corp.
BAYPORT, MN -- Andersen Corp., a manufacturer of windows and doors, is reportedly laying off 450 to 500 employees. Workers said they were told Dec. 5, according to the Pioneer Press.
M.I. Windows and Doors to Close Brazil Plant
GRATZ, PA -- M.I. Windows and Doors Inc., a Pennsylvania-based manufacturer of windows and doors, plans to close its plant in Brazil on Dec. 22, eliminating about 170 jobs, according to the Terre Haute Tribune-Star.
Liberty Hardware Names Marketing VP
Dianne Pisarek, Liberty Hardware's new vice president of marketing.
Broyhill Announces Closing of Casegoods Facility
LENOIR, NC – Broyhill Furniture Industries, a subsidiary of Furniture Brands International, announced the closing of its Corporation casegoods manufacturing facility, located in Lenoir, NC.
Planit Changes Ownership
TUSCALOOSA, AL – Planit, a global provider of CAD/CAM software, announced December 1 a change to the company’s ownership. Planit is now part of the private sector, having been publicly traded on the London exchanges since 1998. The change in ownership was facilitated through funding from August Equity Limited, HSBC Bank PLC and members of the U.K. and U.S.
Furniture Brands Forecasts Q4 Loss
ST. LOUIS, MO – According to Reuters, Furniture Brands International Inc. forecast a fourth-quarter loss, compared with a prior profit view.
KI Appoints Three New Vice Presidents
GREEN BAY, WI – KI announced the appointment of three new vice presidents.
Nat Porter was appointed vice president of education markets. He is responsible for the development and execution of the market strategy and sales initiatives for KI’s education markets. Prior to joining KI, Porter served as the director of sales for Safco Products Co. of Minneapolis, MN.