Flexsteel explains decision to reject CSC bid in letter to retail partners
DUBUQUE, Iowa – Following its rejection of CSC Generation’s bid to acquire the company, Flexsteel’s President and CEO Jerry Dittmer sent a letter to dealers …
Category: Manufacturing
Making sense of tariffs – and duties – on hardwood plywood
Companies not already sourcing these materials from domestic resources are paying close attention to their supply chain to avoid the higher costs HIGH POINT — …
ITC votes to continue duties on Chinese-made wooden bedroom furniture
WASHINGTON, D.C. – The United States International Trade Commission (USITC) has determined that revoking the antidumping duty order on wooden bedroom furniture imports from China …
Four Hands hires Godden as CFO
AUSTIN – Four Hands has named Rosanna Godden, formerly of Super Coffee, Amazon, and Whole Foods Market, as its new chief financial officer. In a release, the …
JPMA issues safety tips for Baby Safety month
MT. LAUREL, N.J. — The Juvenile Products Manufacturers Association has issued a series of safety tips for consumers and caregivers to be aware of during …
Purple Innovation acquires gel-based mattress resource Intellibed
LEHI, Utah — Mattress manufacturer Purple Innovation announced it has acquired gel-based mattress manufacturer Intellibed, a deal in which Intellibed shareholders will receive 8 million …
Kingsdown adds Malaysian licensee Luxury Sleep Products
MEBANE, N.C. – Luxury bedding manufacturer, Kingsdown, Inc. is further expanding its international presence through a partnership with a new Malaysian licensee Luxury Sleep Products Sdn. Bhd, …
Corsicana to close Mississippi plant, shift production to Tennessee, Florida facilities
OLIVE BRANCH, Miss. — Bedding manufacturer Corsicana Mattress Company is closing its Symbol production plant here in October as part of its ongoing bankruptcy restructuring …
Making sense of CSC Generation’s buyout offer of Flexsteel
Just who is ‘No Comment’ king Justin Yoshimura? This past week, CSC Generation initiated an unsolicited takeover bid of Flexsteel with an offer of $20.80 …
La-Z-Boy continues aggressive growth strategy
Fiscal Q1 conference call highlights efforts to expand retail, North American manufacturing and distribution base MONROE, Mich. — If anything, La-Z-Boy’s latest conference call highlighting …
