American Woodmark's nine cabinet factories are running steadily as robust cabinetry sales rose 20% in the latest quarter; sales of cabinets for newly constructed homes rose 40%. buoyed by the housing recovery.
Lowe’s Companies, Inc. (NYSE: LOW), the world’s second largest home improvement retailer, today announced that its acquisition of the majority of assets of Orchard Supply Hardware has been approved
Lowe’s Companies, Inc., the world’s second largest home improvement retailer, reported net earnings of $941 million for the quarter ended August 2, 2013, a 26.0 percent.
Cabinetry giant American Woodmark (NASDAQ: AMWD) swung solidly into the black, turning a $5 million net profit as fourth quarter sales rose 26%. The cabinet supplier to Lowe's and Home Depot says materials costs are on the rise.
TechShop finds a niche as an incubator of wood product and other manufacturing start-ups. The national chain of public-access fabrication shops has 4,000 members using its laser cutters, CNC machines and woodworking equipment.
The Home Depot Foundation created a $1 million fund in response to the recent tornadoes in Oklahoma and throughout the Southwest United States, and in expectation of continuing violent storms during the spring.
Cabinetry giant RSI Home Products will expand one of two neighboring factories in Lincolnton, NC adding 25 employees and bringing the total production area to 1.7 million square feet.