Norwalk Furniture's future depends on Texas bank holding $11 million IOU (The Plain Dealer)
Into the future as a somewhat smaller upscale furniture manufacturer and retailer under its first new ownership in 106 years. Or off a cliff, leaving as many as 2,000 workers, its own and those of major suppliers, out of work.
Thu, 24 Jul 2008 08:52:52 GMT
North Carolina furniture plant to add 100 workers (AP via Yahoo! Finance)
Thomasville Furniture says it will add more than 100 workers to a North Carolina plant and increase production by a third because of increased costs of doing business overseas.
Wed, 23 Jul 2008 15:24:11 GMT
HELPING BUMIPUTERA TO EXPORT FURNITURE (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, July 24 (Bernama) -- Malaysia exported furniture worth RM8 billion to 140 nations last year and the figure is expected to surpass RM10 billion by 2010. However, the Bumiputera furniture makers' share in furniture export pales their non-Bumiputera counterpart with a paltry 2 percent representation. In the domestic market they fared better with 20 percent ...
Thu, 24 Jul 2008 01:53:43 GMT
Board of Bassett Furniture declares quarterly dividend (Winston-Salem Journal)
The board of directors of Bassett Furniture Industries Inc. has declared a regular quarterly dividend of 22.5 cents.
Thu, 24 Jul 2008 04:05:43 GMT
Furniture Row Racing upbeat for the Brickyard (9 News Denver)
DENVER – The Furniture Row Racing team has qualified in seven straight Sprint Cup races and 16 of the last 19 events this season.
Thu, 24 Jul 2008 02:22:23 GMT
Helping Bumiputera To Export Furniture (Bernama)
KUALA LUMPUR, July 24 (Bernama) -- Malaysia exported furniture worth RM8 billion to 140 nations last year and the figure is expected to surpass RM10 billion by 2010.
Thu, 24 Jul 2008 02:24:26 GMT
Weak furniture demand hurts Ethan Allen's results (AP via Yahoo! Finance)
Furniture retailer Ethan Allen Interiors Inc. said Wednesday its fiscal fourth-quarter profit fell 46 percent as demand dropped amid a difficult home-furnishings environment, but adjusted profit beat analyst expectations.
Wed, 23 Jul 2008 12:20:12 GMT
Flea markets tout furniture with character (EARTHtimes.org)
Dusseldorf - Posh designer sofas are not the only alternative when it comes to freshening up your home. Instead of heading to the nearest furniture store, consider a trip to a flea market, a place where treasures are waiting to be discovered. ...
Thu, 24 Jul 2008 03:32:57 GMT
Norwalk Furniture Chairman Talks About Factory Closure (News Channel 5 Cleveland)
The chairman of Norwalk Furniture talks about finding possible solutions to the problems that caused the factory to close suddenly last week.
Wed, 23 Jul 2008 23:15:58 GMT
Furniture company to hire over 100 (The Charlotte Observer)
Thomasville Furniture plans to hire more than 100 employees at its only remaining U.S. wooden furniture plant in Lenoir – a striking change in an industry that has shifted thousands of jobs overseas in recent years. The increased cost of doing business in other countries – including rising labor costs, shipping costs and rising fuel prices – helped drive the decision, according to a company ...
Wed, 23 Jul 2008 12:52:25 GMT
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