Uniboard Purchases Moncure, NC Facility
8.6.08 | Moncure, NC | Uniboard, a subsidiary of Pfleiderer AG, purchased the Moncure, NC facility for ATC Panel and will now operate as Uniboard USA LLC, Moncure Plant. The plant is a manufacturer of particleboard and thermofused melamine, producing over 156 million sq. ft. annually. Uniboard will be investing over $120 million in the upcoming year to
install on the Moncure site a state-of-the-art medium density and high
density fiberboard (MDF/HDF) line. www.uniboard.com/en/
Hanley Investment Group Negotiates Sale In National City, CA
7.30.08 | Irvine, CA | Hanley Investment Group represented the buyer and seller in
the sale of a grocery/drug anchored shopping center in National
City, CA. The shopping center includes Ralphs, Walgreens, Blockbuster Video and Firestone Tires. The center
was 100% occupied at the time of the sale.
Interface Reports Record Second Quarter 2008 Results
7.24.08 | Atlanta, GA | Interface, Inc. announced results for the second quarter ended June 29, 2008. Sales for the second quarter of 2008 increased 11.3% to $295.0 million and gross profit margin for the 2008 second quarter grew 90 basis points to 35.7%. Operating income for the second quarter of 2008 increased 8.2% to $33.4 million. Net income for the 2008 second quarter was $15.9 million, or $0.26 per diluted share.
Steelcase Inc. and Lab Crafters Inc. Announce Alliance
7.24.080 | Grand Rapids, MI | Steelcase negotiated a business alliance agreement with Lab Crafters Inc., a 30-year-old company in Ronkonkoma, NY, that designs and manufactures fume hoods, casegoods, and other integrated solutions for laboratory environments. The alliance will provide Steelcase new capabilities to meet customers' needs for product solutions in a wide range of laboratory settings. www.steelcase.com www.lab-crafters.com

