Woodworking Industry News

Woodworking Industry News

Hitachi Sponsors IndyCar Series

INDIANAPOLIS – Hitachi Koki U.S.A. Ltd., based in Atlanta, GA, has been named the Official Power Tool of the IndyCar Series. As part of its sponsorship, Hitachi will sponsor the IndyCar Series Technical Inspection crew, a team of 15 individuals responsible for inspecting all IndyCar Series cars on race weekends. Hitachi will also sponsor the IndyCar Series Chief Mechanic Award, a $25,000 end-of-the-year award presented to the championship team’s chief mechanic.

Woodworking Industry News

Nordson Names Burkus New Business Development Manager

DULUTH, GA – Frank Burkus recently joined Nordson Corp. as global business development manager for new materials in the Adhesive Systems Group. He will be responsible for assessing and managing new global business development opportunities and leveraging Nordson’s current and potential technologies.

Woodworking Industry News

OMNOVA Lean Expert Awarded First-Ever Lean Gold Certiciate

DEARBORN, MI – The Society of Manufacturing Engineers, the Association of Manufacturing Excellence and the Shingo Prize for Excellence in Manufacturing have conferred upon Jeff Lytle, Lean SixSigma Master BlackBelt of OMNOVA Solutions Inc., the first ever Lean Gold Certification – the highest level of Lean Certification achievement.

Woodworking Industry News

WoodEye Has New Showroom

NORCROSS, GA – WoodEye North America has doubled its full-time service staff and opened an expanded showroom. Appointments for demonstrations of the company’s wood scanners can be made by phoning (770) 995-6765.

Woodworking Industry News

Huron Capital Acquires Cabinet Components Business

DETROIT – Huron Capital Partners announced that it made a significant investment in The Olon Group Inc. The terms of the transaction were not disclosed. Headquartered in Georgetown, ON, Olon is a designer and manufacturer of drawer components, profile-wrapped mouldings, edge treatments and decorative laminate products for the North American furniture, residential remodeling and cabinet-making industries.

Woodworking Industry News

Analysis of United States Cabinet Market Offered

DUBLIN, IRELAND – Research and Markets has announced the addition of “U.S. Cabinet Market: Optimism Rides High” to its offering. The report is a study of the U.S. cabinet market, specifically focusing on kitchen cabinets. It analyzes the recent fall in the cabinet market and the factors likely to drive growth in the future. For more information, visit www.researchandmarkets.com/reports/c63281.

Woodworking Industry News

Knoll Reports Strong 2Q

EAST GREENVILLE, PA – Knoll Inc. announced its results for the second quarter, ended June 30. Net sales for the quarter increased 9.9% to $272.1 million, compared to the same period last year. Operating income was $37.6 million, an increase of 18.2% from the second quarter of 2006. Gross profit for the second quarter was $93.4 million, an increase of 18.2% over the prior year period.