US upholstery producers brace for foam price increases
A fire at a major chemical producer in mid-March also has reportedly limited availability, placing some companies on allocation HIGH POINT — Rising foam prices …
Category: Manufacturing
Furniture industry legend, Hall of Fame inductee O. William Fenn Jr. dies at age 99
Longtime industry executive was senior vice president of Thomasville Furniture, president, CEO of Stanley and LADD Editor’s note: The following obituary is being reprinted from …
Bassett Furniture reports 2.2% drop in Q1 revenue
Decrease was led by decline in retail revenue and partially offset by slight increase in wholesale revenue BASSETT, Va. — Bassett Furniture reported a drop …
Talk of oil-related price increases heats up
With increases of raw materials averaging around 12%, sources note this could raise FOB prices 6%-8% HIGH POINT — Rising prices of raw materials, some …
CPSC announces recall of more than 250,000 defective plastic tip restraints
Units can break over time, leading to possible tip-over and entrapment incidents that can harm children, older adults WASHINGTON — The United States Consumer Product …
Universal Furniture celebrates opening of new upholstery plant in North Carolina
200,000-square-foot operation replaces the company’s former Southern Furniture facility in Conover, North Carolina, that it acquired in 2019 HILDEBRAN, N.C. — Universal Furniture’s move into …
Report: Furniture imports decline 12.7% from 2024
Analysis from investment banking firm Mann Armistead & Epperson shows the wholesale value of furniture shipments to the US totaled $29.6 billion last year RICHMOND, …
Value of 2025 US furniture exports falls 4.7% from 2024
Decline in shipments from overseas producers also appears to narrow the trade deficit in household furniture WASHINGTON — The wholesale value of 2025 residential furniture …
Kuka Home achieves full vertical integration of motion upholstery products
HIGH POINT — Kuka Home North America has announced the strategic investment cooperation of Changzhou Denfeng Electric Co. Ltd., a motor and component manufacturer, completing full …
Disruptions from war in Middle East could hasten industry price increases this spring
Sources say the price of oil-based materials such as paints, finishes and foam could rise, but of even greater concern are potential hikes in container …
