Furniture News

“As prices come down, people see their house less as a place they'd like to invest thousands of dollars”

Bonnie Cooper has seen plenty of slumps since she began selling furniture in 1968, but nothing like the scene outside the window of the Ontario sofa store where she now works. via Los Angeles Times

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By ERIC TUCKER The Associated Press Updated 05/12/08 - 5:45 PM Several foam manufacturers have agreed to pay $30 million to settle lawsuits brought by survivors and family members of those who died in a 2003 ... via Rock Hill Herald

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We've compiled a special series that puts Mom first! Discover more stocks you can bring home to Mom . via The Motley Fool

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“It's exciting to be the first furniture manufacturer to be awarded an exemplary status”

American furniture manufacturer Harden has been certified Silver Exemplary Status with the Sustainable Furniture Council , becoming the first furniture manufacturer to achieve that honor. via Interiors & Sources

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“Customers want the plush look and comfortable feel of a high-profile mattress, with the Active Support system and the affordable price point they've come to expect from innersprings.”

Components giant Leggett & Platt is introducing a high-profile innerspring coil designed to help bedding producers save money on upholstery materials. via Furniture Today

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Struggling Quebec-based furniture maker Shermag Inc. is seeking court protection from its creditors. via The Globe and Mail

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St. Louis Business Journal - by Matt Allen A day before Furniture Brands International Inc. via Bizjournals

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“We believe we have the overwhelming majority of shares voted”

Sun Capital Partners of Boca Raton, Fla., says it is confident that Furniture Brands International Inc. via STLtoday

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“So the sale would be a natural fit for them.”

Masco Corp. this week sold The Heating Group , a collection of its radiator-making companies in Belgium, for $155 million to an affiliate of Belgian heating systems company Vaessen Industries . via Crain's Detroit Business

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Masco Corp. reported net income of $2 million or 1 cent a share on net sales of $2.44 million during the quarter ending March 31, compared with net income of $143 million or 37 cents during the same quarter ... via Crain's Detroit Business

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