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Furniture Factory Adds Solar Power in High Point

By Aggregated Content in on April 18, 2012 from https://newsdesk4.moreover.com/click/?p=aHR0cDovL215Zm94OC5jb20vMjAxMi8wNC8xNy9mdXJuaXR1cmUtZmFjdG9yeS1hZGRzLXNvbGFyLXBvd2VyLWluLWhpZ2gtcG9pbnQv&a=MzI2Mw&f=SW1wb3J0ZWQ&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=TXkgRm94IDg&d=1989&t=1 HIGH POINT, N.C. €” A High Point furniture factory will have much of its energy provided by the sun thanks to another company based in High Point. Mark David Furniture held a ribbon-cutting ceremony Tuesday at its facility on Southwest Street. It unveiled...

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Stanley Furniture Gets First Cut of $40M in Antidumping Duties

By Aggregated Content in on April 18, 2012 from http://c.moreover.com/click/here.pl?z6313154947&z=1250249032 STANLEYTOWN, VA - Stanley Furniture Company Inc. has received $9.5 million in antidumping duties collected on wooden bedroom furniture imported from China. Stanley Furniture, which reduced its first quarter operating loss to $984,000 compared to a loss of $3.4 million in first quarter of 2011, said it will receive an additional $30.5 million of Continued Dumping and Subsidy Offset Act (CDSOA) proceeds for funds that were previously withheld under the wood bedroom furniture antidumping duty order. According to Micah Goldstein, chief operating and financial officer, "As we have said many times before, we do not need these funds to

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IKEA integrates TVs, sound systems into furniture

By Aggregated Content in on April 18, 2012 from http://c.moreover.com/click/here.pl?z6315426063&z=1250249027 that a new IKEA furniture line combines an LED television, a sound system, Internet connection and DVD players into one self-assembly piece. The TV and other electronics are made by TCL, a Chinese manufacturer, according to the report, and the system comes with a single remote control. TVs are available in four sizes, from 24 inches to 46 inches, according to the report. The furniture, called UPPLEVA, will be available worldwide beginning next year, with prices beginning at about $955, according to the report. The IKEA store closest to Louisville is in West Chester, Ohio, near Cincinnati.

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Mountain Woods Furniture has New Owners

By Home Furnishings Business in Acquisition on April 17, 2012

Producer of rustic case goods Mountain Woods Furniture of Laramie, Wyo., has new owners.

Daryl Joy and Maureen Joy recently acquired the company from Mike O'Connell and Dee O'Connell. Daryl Joy visited the Mountain Woods factory in 2011 and "fell in love with the quality of the product," he said.

Joy has decades of experience working with skilled employees, tight margins and innovative ideas to build successful enterprises. He started his career in his family's trucking business and worked his way up to president in 2003. Under his leadership, the company grew and thrived, and his intention is to expand upon Mountain Wood€™s current furniture product lines and €œintroduce new tooling and additional machinery that will help produce a quality product at the lowest cost possible,€ he said.

€œI am thankful for the excellent stewardship provided by Mike and Dee O€™Connell during their 10 years of ownership, and I am pleased that Dee will continue in her position as sales and marketing manager,€ Joy said. €œAny company that has survived and is profitable in this economy is a very well-run company.€

Joy credits the previous owners with the foresight to commit Mountain Woods to the sustainability movement long before it was fashionable. As a founding member of the Sustainable Furnishings Council, the manufacturer has been in the forefront of the green movement. Mountain Woods Furniture pieces have always been created by hand of reclaimed wood and sustainably-sourced local hardwoods. 

€œThis ownership change has been very positive for Mountain Woods Furniture," said Dee O'Connell. "We have very skilled long-term employees who now have new opportunities for upward mobility within the company. The employees appreciate Daryl€™s diligence about product quality and customer service, and already see that his solid leadership will take Mountain Woods Furniture to the next level.€

Cowan Named Hooker VP Special Accounts

By Home Furnishings Business in Executive Changes on April 17, 2012

Matt Cowan has been named vice president of special accounts for Hooker Furniture (NASDAQ: HOFT).

Cowan has been a sales representative for Hooker in Northern Texas and Oklahoma since 1990. He has been a furniture sales representative since 1983 and has worked with Riverside Furniture and Universal prior to joining Hooker.

€œThe development of key accounts is an important part of our business today and will be a vital part of our growth going forward,€ said Alan Cole, president of Hooker Furniture. €œMatt is ideal for this role in a number of ways, including his keen understanding of Hooker€™s business culture as well as his exceptional ability to size up the needs of customers and then align the right programs and products to accomplish their objectives and maximize the relationship.€

Cowan will work closely with the company's merchandising team in developing proprietary product for key national and regional dealers.

€œHaving been a representative all these years, I believe I can bring a thorough understanding of the dealers€™ perspective and their unique challenges, whether they are a department store, family-owned business or another business model,€ Cowan said.

Cowan, who reports to Ray Harm, senior vice president of sales, is based in Dallas.

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