SCHAUMBURG, Ill. – Elektra, a German-based manufacturer of LED lighting for furniture, cabinets, closets, store fixtures, and other interior applications, will exhibit at the Closets Expo for the first time.
GRAND RAPIDS, Mich. – UFP Industries (UFPI) reported earnings on operations of $647 million on net sales of $7.2 billion in 2023, a decrease of 25 percent and 32 percent respectively from the company’s record year of 2022.
Masonite has signed a long-term lease for the 128,000-square-foot building at 1001 E. Palm Ave in Ybor City. The Tampa-based window and door manufacturer will vacate two Ybor buildings and consolidate into the one location.
Associated Builders and Contractors estimates that the construction industry's federal and state GRAPs had about 250,000 apprentice participants and yielded just 40,000 to 45,000 completers in fiscal year 2023.
MUSCATINE, Iowa — HNI Corporation achieved sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.
Existing-home sales expanded 3.1% in January to a seasonally adjusted annual rate of 4.00 million. Median existing-home sales price climbed 5.1% from January 2023 to $379,100 – the seventh consecutive month of year-over-year price gains.