Additional funding will support production ramp-up at the Huntsville facility, which is scheduled to begin manufacturing this summer and create demand for 100,000 m3 of underutilized wood.
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$77 million facility doubles production capacity for Surestone decking and adds 50 full-time jobs.
Furniture makers also recorded declines, even as overall industrial earnings grew and paper producers gained.
Jeffrey S. Lorberbaum to retire after 25 years as CEO, remaining Chairman of the Board.
Intelligent Vision Platform combines deep learning with real-time image analysis to classify each wood surface.
Survey and industry data show firms improve efficiency, but sector productivity diverges from sawmills as technical change remains weak and variable.
North America sales surge 60% following opening of dedicated manufacturing facility in 2024.
New hire brings M&A expertise from Coca-Cola, including execution of a $13 billion acquisition.
The planned deal will add cabinets, flooring and distribution brands to the company’s home services business, with closing scheduled after its annual shareholder meeting in May.
Recently acquired U.S. assets drive revenue growth but generate significant integration costs for the full year.
The initiation is part of a broader notice covering multiple December-anniversary AD and CVD orders.
Proposal would update referenced ANSI, ASTM, ISO, NIST and BSI standards and add ISO 12460-2:2024(en) as an optional small-scale quality-control chamber method.
Strategic deal combines vinyl and laminate leader with premier solid wood moldings and stair components manufacturer.
New executive brings global flooring experience from HMTX and ASPECTA to strengthen importer and distributor partnerships.
EBITDA falls 8% to Euro 293.3 million as price pressures persist, while Eastern European and overseas markets show positive development.
New Michigan location is the retailer's latest addition to its nationwide network of over 260 warehouse stores.
Purchase includes rigid-core and LVT patents and DreamClick installation technology, strengthening i4F's licensing platform.
Acquisition adds 270 employees and two US production facilities to the Belgian group's flooring division.
Nicholas Manthey, current Vice President of Corporate Finance, will succeed James Brunk upon his 1 April 2026 retirement.
Companies report $930 million drop in product exports from 2022 to 2024.