APA - The Engineered Wood Association has announced the 2023 Safety and Health Awards winners. This program promotes and recognizes operational excellence to reduce injury and illness rates.

MONROE, Mich. — La-Z-Boy Incorporated eported fourth quarter and full year results for the period ended April 27, 2024. For the quarter, sales totaled $554 million, a decrease of 1% against a year ago period that benefited from pandemic backlog deliveries and 22% above the pre-pandemic fourth quarter of Fiscal 2019. 

The Aaron's Company Inc., a company primarily known for its lease-to-own, omnichannel business, has entered into a definitive agreement to be acquired by IQVentures Holdings LLC for $10.10 per share in cash, or an enterprise value of approximately $504 million.

Mastergrain said it furthered its goal to lead the premium and luxury fiberglass door segment by acquiring Fibercraft Door Co. of Hanover, Ontario. Terms for the transaction were not released.

Salem Sports Events, a provider of temporary and permanent custom interiors, commercial signage, and mobile experiential marketing programs for clients such as the PGA Tour, Nike, FedEx, and Tito's, has recapitalized Extreme Millwork in High Point, NC.

Construction input prices decreased 0.9% in May compared to the previous month, according to an Associated Builders and Contractors analysis.

The new leadership team will include Gloria Galt Steves as vice-chair of the board of directors, Sam Bell Steves III (Tres) as chief executive officer, Doug Gartner as president, and Scott Lovett as chief operating officer of Steves & Sons.

This year's event showcased materials and finishes that enhance aesthetics and functionality and address sustainability.

Cabinet sales continued to fall, down 5.75% in April compared to a year ago, despite manufacturers in two of the three segments reporting increases, according to the Kitchen Cabinet Manufacturers Association's April Trend of Business report.

Ipe Wood USA, a business-to-consumer of Ipe wood based in the United States, has raised concerns over the changes impacting their operations.