Residential and commercial furniture manufacturer and importer Chromcraft Revington has acquired Executive Office Concepts, a seating and casegoods manufacturer located in Compton, CA.
Flexsteel Industries Inc. reported residential furniture net sales of $67.0 million for the second quarter ending Dec. 31, 2011, an increase of 5.4% compared to the same period in the year prior.
Construction spending bounced back from an 11-year low in March, increasing by 1.4 percent to a total seasonally adjusted annual rate of $769 billion, according to an analysis by the Associated General Contractors of America of new Census Bureau data.