Furniture Brands International announced that it will voluntarily delist its common stock from The New York Stock Exchange and transfer quotation of its common stock to the OTCQB Marketplace.
Furniture Brands (FBN), parent of Thomasville, Broyhill, Lane and other furniture brands, announced that it will move its common stock from the New York Stock Exchange (NYSE) to the over-counter-market (OTCBQ).
Combustible dust got Cardell Cabinetry a quarter million dollar penalty; Furniture Brands International weighs Chapter 11 bankruptcy; and Sugi Ban charred wood finishing, were the week's most viewed wood industry reports.
Concerns over budget cuts to High Point Furniture Market prompted N.C. Governor Pat McCrory to backtrack on his initial budget proposal released in March announcing a more than 50 percent cut to High Point in 2014.
Stork Craft and Furniture Brands have signed a licensing agreement to produce and market juvenile and kids furnishings under the FBI brands Broyhill, Lane, Thomasville and Drexel Heritage.
Stork Craft Manufacturing, Inc. has entered into a licensing agreement with Furniture Brands International, Inc. to develop and market juvenile/kids furnishings under the respective trademarks/brands of Broyhill, Lane, Thomasville and Drexel Heritage.
Shenandoah Furniture Co. plans to open an upholstered furniture production plant in Mount Airy, NC. The privately held firm's president Candace Payne announced the plan Friday,