Topping the news was a lawsuit over cabinetry and intellectual property by airplane outfitter Nordam against Cessna. The Tulsa, OK-based Nordam is heavily outfitted with precision 3-axis and 5-axis Thermwood CNC routers and for building plane bodies and interior wood cabinetry, paneling and furnishings.
KBIS cabinetry trends and ancient wood also pulled readership, along with Berkline/Benchcraft's bankruptcy. Though the Morristown, TN firm filed for Chapter 11 bankruptcy protection, the presentation to the court read like a liquidation, with approval given for Hilco to auction assets. A earn sale to Gordon Brothers fell through earlier this year because the offer was too low to cover debt to key creditors.
One other item we forgot from last weeks Friday Woodworking News Update edition: rare Queensland Walnut logs from a protected rainforest in Australia became available in the after a typhoon. That story and other wood industry update news is included in this week's recap:
Custom woodworker and aerospace component supplier NORDAM Group filed suit against Cessna Aircraft Co. last month, alleging breach of contract that could result in more than $30 million in damages to the Tulsa, OK-based company.
Berkline files for bankruptcy protection
- Berkline/BenchCraft Holdings, LLC has filed a petition for voluntary bankruptcy with the U.S. Bankruptcy Court in Delaware. Trade creditors include Chinese furniture manufacturers owed more than $8 million; and $250,000 due Blue Cross of Alabama.
Bassett Furniture Industries is among the principal equity holders in the newly formed International Market Centers, L.P. (IMC). Formed a $1 billion investment, IMC unites the High Point Market and Las Vegas Market. Furniture industry vet Robert Maricich, one-time Century Furniture president, is CEO.
Top 10 Trends in kitchen and bath design from the 2011 NKBA Design Competition held in conjunction with KBIS, including mixed height countertops, contrasting dark stains, and more textured wood surfaces, including on ceiling paneling.
Interwood Forest Products of Shelbyville, KY, says it has received rare walnut veneer from a parcel of 300-year-old Queensland walnut logs taken down by a typhoon in a protected rainforest in Australia. The veneers were carefully prepared in China and shipped to the United States by Fritz Kohl GmbH of Karlstadt, Germany.
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