Wood manufacturing businesses that hung on through the housing downturn may have expected better of the recovery. But the travails of 900-employee Cardell Cabinetry, which closed without warning on Sept. 9; and of Thomasville-parent Furniture Brands International, which declared bankruptcy the same day, are reminders that a number of businesses still face challenges.
Furniture Brands, assembled from many independent firms it acquired over the years, has struggled to establish a coherent manufacturing scenarious and to integrate computer systems. In fact, it announced it had abanced a $3 million investment in an enterprise-wide computer implementation.
Cardell Cabinetry found an infusion of cash in 2010 from H.I.G. Capital provided liquidity for the company to survive the downturn. But clearly there were some operational problems, as the OSHA citations and fines over combustible dust last month indicate, as well as sudden shut down. The Cardell Cabinetry story is the most widely read ever published at WoodworkingNetwork.com.
Here are the wood industry's most viewed reports last week:
|Cardell Cabinetry Out of Business
By Karen Koenig | Posted: 09/10/2013 11:00AM
Cardell Cabinetry, target of OSHA complaints, has closed its doors without warning, leaving some 900 workers unemployed. Founded by Bill Tidwell, H.I.G. Capital is now a major equity partner.
| Thomasville Parent Furniture Brands Files for Bankruptcy
By Bill Esler | Posted: 09/10/2013 9:05AM
Thomasville, Henredon, Lane, Broyhill and other brands affected; Oaktree Capital signs asset purchase agreement and provides $140 million in debtor-in-possession financing.
|Aging Metal Hardware Like a Man
By Scott Wunder Posted: 08/27/2013 1:20PM
Rusty metal is a very desirable finish in these days of worn, industrial, antique, distressed furniture. I have developed a technique for burning and finishing metal hardware to make it look very old.
| The Walnut Log That Sunk an 1856 Lumber Boat
By Michaelle Bradford | Posted: September 5, 2013 - 10:04 AM
A walnut log sunk the Steamboat Arabia on the Missouri River in 1856 losing 200 tons of cargo including, 20,000 feet of lumber, hardware, a sawmill and pre-fab housing. How did it end up buried in a corn field.
|Wood Battery: Get Charged!
By Karen Koenig | Posted: September 4, 2013 - 8:46 PM
A team of engineers at the University of Maryland have developed a battery made from a sliver of wood coated with tin
|Tafisa Panel Plant Rail Line On Track To Be Rebuilt
By Bill Esler | Posted: September 8, 2013 - 8:47 PM
Panel manufacturer Tafisa says the rail line to its plant in Lac-Mégantic will be operational by year end. The spur line serving its giant melamine plant, which handled 60 cars weekly, was closed following a derailment and explosion in July.
|The Right Wood Shop Tools Can Minimize Labor Costs
By Corbin Clay Posted: 09/08/2013 1:01PM
My career in woodworking began less traditionally, than most professionals in my trade. A job ad appeared in the newspaper for a wood shop employee. The next thing I knew, woodworking was the center of my life.
|Kitchen Tune-Up Cabinet Refacers Adds 23 Franchise Sites at Sears
Posted by Bill Esler | Posted: 09/04/2013 8:15PM
Kitchen Tune-Up kitchen cabinet and bath refacing and remodeling franchise, opened 23 new locations in New Jersey, Pennsylvania and Delaware at Sears Home Appliance Showrooms & Hardware Stores.
|Garages: Exotic Cars Get Revved-Up Home
By Michaelle Bradford | Posted: September 3, 2013 - 11:53 AM
Luxury garages, man-caves, take on a new look with the Exotic Car Garages at the Villas of Breighton, part of the New Jersey Motorsports Park.
| Stunning Custom Architectural Millwork
By Michaelle Bradford | Posted: September 3, 2013 - 3:30 PM
Custom architectural millwork from D&L Wood Products encompasses the lobby and 12th floor amenities area of a high-end residential building located on Lake Shore Drive in downtown Chicago.
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