Canadian home furnishings manufacturer Palliser has appointed Steve Ambeau as president of the Palliser brand.

CHARLOTTE, N.C. -- Jeld-Wen Holding Inc., ranked No. 4 in the FDMC 300, reported a net loss from continuing operations of $22.6 million for the fourth quarter ended Dec. 31, 2023. Net revenues totaled $1.021 billion in Q4, representing a 13.4% decrease compared to the same period in 2022.

Company announces global sales with 16% growth in the last four years.

Hooker Furnishings has received the 2023 North Carolina Governor’s Export Award for its leadership in developing business globally.

MUSCATINE, Iowa — HNI Corporation achieved sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

The Wisconsin Manufacturers & Commerce is reestablishing the Manufacturing Hall of Fame and naming the founder and chairman of the world’s largest manufacturer of home furnishings as the first inductee since the 1970s.

On Feb. 9, 154 Flexsteel employees at the Dublin, Georgia, furniture factory were laid off. Likely permanently. The fate of a reported 180 employees might be sealed at the end of the company's fiscal fourth quarter later this year.

Workplace furnishings giant Fellowes announced a number of changes to its Contract Furniture division, formerly known as Trendway, including the closure of the Holland, Michigan, production facility in 2024 and the discontinuation of a portion of its furniture product offerings, including systems, casegoods, filing, storage and tables.

Owens Corning and Masonite International Corporation, have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133 per share. The deal is valued at $3.9 billion.

Jeld-Wen Holding announced three new leaders and a refreshed senior leadership team to accelerate the company’s business performance.