RTA Furniture Industry Pioneer Dies

RTA Furniture Industry Pioneer Dies

USA – Paul S. Bush, the visionary founder of Bush Industries, Inc., and a prominent figure in the American Ready-To-Assemble (RTA) furniture industry, has passed away. Born on May 5, 1936, in Olean, NY, Bush’s life was marked by his entrepreneurial spirit, dedication...

Dorel Restructures Finances with Key Deal

Dorel Restructures Finances with Key Deal

CANADA – Dorel Industries Inc. , a leader in North American furniture manufacturing, has entered into a sale-leaseback transaction involving its factory and warehousing facility in Columbus, Indiana, to improve its financial standing. The sale will generate USD 30...

Fiplasto Expands with Acquisition of Cuyoplacas

ARGENTINA - Fiplasto, recently acquired by a group of investors, has completed its first major acquisition by purchasing 81.83% of Cuyoplacas, a Mendoza-based manufacturer of "Platinum" branded furniture and melamine particleboards. This acquisition will enhance...

Masterbrand Closes Two Cabinet Manufacturers

USA - Two major cabinet manufacturers, Dura Supreme and Norcraft, are set to close plants in North Carolina, resulting in a combined loss of 274 jobs. Both companies are subsidiaries of MasterBrand, one of the largest kitchen cabinet manufacturers in the U.S. Dura...

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