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Woodworking Industry News

Ashley awards grant to SkillsUSA

ARCADIA, Wis. – Ashley Furniture Industries, LLC has awarded $125,000 through the Ashley Furniture SkillsUSA Chapter Grant to recipient SkillsUSA chapters located near Ashley’s advanced manufacturing facilities in Mississippi, North Carolina, Texas, and Wisconsin. The furniture company hosted onsite events for students to accept their chapter’s check and tour the advanced manufacturing and distribution facility to learn about the many career paths available at the company.

Canadian News

Interfor invests C$56 million for a minority stake in GreenFirst

BURNABY, British Columbia -- Interfor Corp. acquired 28,684,433 common shares of GreenFirst Forest Products Inc. from Rayonier A.M. Canada. Interfor paid approximately C$56 million in cash and now owns approximately 16.2% of GreenFirst's issued and outstanding shares. Interfor said its investment in GreenFirst is complementary to its expansion into Eastern Canada through the acquisition of EACOM Timber Corporation in February.