TKO Miller sells De Pere Cabinet Inc., a family-owned cabinetry manufacturer, to Wellborn Forest.
Furniture
In the first half of 2020 the value of Japan’s imports of wooden windows was down 26% from the same period in 2019.
American Woodmark Corporation announced results for its first fiscal quarter ended July 31, 2020. Net sales decreased 8.7% to $390.1 million compared with the same quarter of the prior fiscal year. The company experienced declines in all sales channels during the first quarter of fiscal 2021 as both the remodel and new...
In the first half of 2020 the value of Japan’s imports of wooden doors were down 26% from the same period in 2019.
In July 2020 the value of Brazilian exports of wood-based products (except pulp and paper) increased 14.8% compared to July 2019, from $234.1 million to $268.8 million.
Quanex Building Products names John Sleva as president of North American cabinet components division
Quanex Building Products announced the promotion of John Sleva to President of its North American Cabinet Components Division (NACC) based in Minnesota. Sleva most recently served as Vice President of Sales and Interim President of NACC, which includes the company’s Woodcraft Industries business unit.
American Woodmark Corporation, a leading supplier of cabinetry to the new construction and remodeling industries, announced that David Rodriguez and Scott Culbreth have joined its Board of Directors. Mr. Culbreth currently serves as the President and CEO at American Woodmark. Previously, Culbreth served as a Senior Vi...
Kimball International, Inc. announced a new organizational structure to drive market share gains. The new organization will be comprised of four market-centric business units: Workplace, Health, Hospitality and eBusiness that will enable Kimball International to marshal its significant industry, product and brand exper...
In June 2020, Brazilian exports of wood products (except pulp and paper) declined 8.5% in value compared to June 2019, from $237 million to $216.9 million.
Masonite International Corporation's 2Q net sales decreased 11% to $500 million, from $563 million in the comparable period of 2019. The decrease in net sales was the result of a 15% decrease in base volume due to the impact of COVID-19.
JELD-WEN Holding's net revenue for the three months ended June 27, 2020 decreased $126.6 million, or 11.3%, to $992.3 million, compared to $1,119.0 million for the same period last year. The decrease in net revenue was driven by a 10% decline in core revenue and a 1% adverse impact from foreign exchange.
Masco Corporation's 2Q 2020 sales decreased 4% to $1.8 billion; in local currency, sales decreased 3%. Gross margins decreased 100 basis points to 35.6% from 36.6%.
Masonite International Corporation appoints Jennifer Renaud as SVP and Chief Marketing Officer.
In May 2020 Brazil's industrial production of furniture expanded 7% compared to April, reversing two consecutive months of declines (-9% in March and -19% in April).
American Woodmark Corporation announced M. Scott Culbreth as President and CEO of the company. Culbreth, who had been American Woodmark's Senior Vice President and CFO, succeeds S. Cary Dunston, who has retired and resigned from the board.
In May 2020, the value of Brazilian exports of wood-based products (except pulp and paper) dropped 13.5% compared to May 2019, from $273.3 million to $236.3 million. The value of pine sawnwood exports declined 9% between May 2019 ($47.7 million) and May 2020 ($43.3 million).
Kimball International, Inc. announced that Director Geoffrey L. Stringer has decided to retire from the Board of Directors at the end of his current term, following 17 years of dedicated service. Mr. Stringer’s term expires at the company's 2020 annual meeting of shareholders on October 27, and he will not be seeking r...
The value of Japan’s 1Q 2020 imports of wooden office furniture dropped 27% year-on-year and there was a drop of 9% in the value of wooden kitchen furniture compared to 1Q 2019.
While the sharp drop in Japan's imports of wooden door in February the rebound in the value in March was more of a surprise. Year-on-year, the value of wooden door imports in March dropped a further 18% adding to the year-on-year decline seen in February. For the 1Q 2020 there was a 22% decline in the value of wooden d...
While the sharp drop in Japan's imports of wooden door in February the rebound in the value in March was more of a surprise. Year-on-year, the value of wooden door imports in March dropped a further 18% adding to the year-on-year decline seen in February. For the 1Q 2020 there was a 22% decline in the value of wooden d...