Source: Woodworking Network By Elizabeth Fuhrman The Chinese wooden furniture industry reached $63 billion in 2013, up 11.2% but slower than the 16.5% growth the industry averaged over the last five years.
Source: Furniture Today By Jay McIntosh U.S. furniture factory orders in September were up 4% from the same month a year earlier, the sixth month in a row of gains, Smith Leonard reported.
Source: Woodworking Network Chinese furniture manufacturer and IKEA supplier Liaoyang Ningfeng Woodenware Co. Ltd. will invest $2.1 million to establish its first U.S. subsidiary, New Ridge LLC, in Smyth County, VA.The new venture will create 125 jobs in the area.
Source: Woodworking Network As business furniture manufacturing giants approach end of the latest quarter, the office furniture trade group BIFMA nearly doubled its forecast for 2013 growth.
Source: Furniture Today The North American Home Furnishings Assn. and the American Home Furnishings Alliance are working to create awareness on the potential effects of recently proposed national formaldehyde rules.
Source: FURNITUREToday The U.S. Department of Commerce has announced it will postpone issuing final duty rates on Chinese-made hardwood and decorative plywood until September.
Source: FURNITUREToday U.S. furniture factory orders in March were down 1% from the same month a year ago, the second straight monthly dip after a gain in January, Smith Leonard reported.
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