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Article archive

Herman Miller: Knoll takeover

facilitates turnover increase

In the first quarter of the 2021/2022 financial year (end of May), US office and living room furniture manufacturer Herman Miller Inc. (Zeeland, Michigan) generated turnover to the amount of US$789.7m (June-Aug. 2020: 626.8m), corresponding to... more


Steelcase turnover declines in second quarter

In the second quarter of the 2021/2022 financial year (end February), turnover of US office furniture manufacturer Steelcase Inc. (Grand Rapids, Michigan) declined again, down 11% to US$724.8m (June-Aug. 2020: 818.8m). Detrimental factors... more

HNI: business development

burdened by shortages

US office furniture manufacturer HNI Corp. (Muscatine, Iowa) has had to downwardly adjust its turnover forecast for the third quarter of 2021. The company currently still expects turnover growth compared to the corresponding period in the... more

Merino Industries increases laminates production

In its 2020/2021 financial year (31 March), Indian plywood and laminates manufacturer Merino Industries Ltd. (Kolkata, West Bengal) produced a total of 13.47m (2019/2020: 9.33m) laminate sheets. The preceding year’s figure was thus... more

Hexion to divest coatings

and composites division

Following the end-April 2021 sale of its activities in the phenolic specialty resin, hexamine and European-based forest products resins divisions, Hexion Holdings Corp. - superordinate of US resin manufacturer Hexion Inc. (Columbus, Ohio) -... more

One Sky Forest Products plans

OSB mill in Saskatchewan

One Sky Forest Products Ltd. (One Sky) - a company founded by Peak Renewables Ltd., based in Cranbrook, British Columbia, in cooperation with several local investors and 10 First Nations - intends to build an OSB mill in Prince Albert,... more

Newly imposed lockdown

hampers HeveaBoard activities

In the second quarter of 2021, Malaysian particleboard and flat-pack furniture manufacturer HeveaBoard Bhd. (Gemas, Negeri Sembilan) generated consolidated turnover of MYR89.6m (April-June 2020: 61.9m), which is equivalent to approximately... more

Tilo invests some €15m in

Lohnsburg plant conversion

Austrian flooring manufacturer Tilo GmbH (Lohnsburg) is currently implementing an extensive investment programme at its plant. The company has budgeted a total of around €15m for its digital transformation project. The aim is to modernise... more

LL Flooring: growth

accelerates in second quarter

In the second quarter of 2021, US flooring wholesaler Lumber Liquidators Inc. (LL Flooring), headquartered in Richmond, Virginia, increased its turnover by 30.9% to US$301.4m (April-June 2020: 230.3m). This represents an acceleration in growth,... more

Unilin Panels prepares for entry into CPL production

In parallel to the planned expansion of laminate flooring capacities, Unilin bvba (Wielsbeke, Belgium) is currently implementing further investments in business with decorative boards, conducted via the panels division. In summer, a short-cycle... more

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