Latest K&B Market Index highlights manufacturers' optimism
Woodworking Network
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4d ago
BETHLEHAM, Pa. – The Kitchen & Bath Market Index (KBMI), a quarterly study conducted by the National Kitchen & Bath Association (NKBA) and John Burns Research & Consulting, rose during the first quarter of 2024 – a positive indication that the industry has held steady and is entering a period of growth. May 16, 2024 | 9:56 am CDT ..read more
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Irving’s Dixfield sawmill diversifies portfolio with baled shavings launch
Woodworking Network
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4d ago
DIXFIELD, Maine – Irving Forest Product’s Dixfield sawmill introduced baled wood shavings to its line of value-added products. May 16, 2024 | 1:27 pm CDT ..read more
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NAHB: Higher interest rates keep single-family housing starts flat
Woodworking Network
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4d ago
WASHINGTON — Single-family starts remained flat in April as interest rates moved above 7% last month and builders were dealing with tighter lending conditions.Overall housing starts increased 5.7% in April to a seasonally adjusted annual rate of 1.36 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.  May 16, 2024 | 9:57 am CDT ..read more
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Ashley & the Charitable Foundation contribute to FIRST Robotics
Woodworking Network
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4d ago
Ashley Furniture Industries and Ashley Charitable Foundation have contributed towards For Inspiration and Recognition of Science and Technology (FIRST) to benefit thousands of students in North Carolina, Minnesota, and Wisconsin. May 16, 2024 | 6:55 pm CDT ..read more
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Paragon Furniture, Inc. promotes Janet Alford
Woodworking Network
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4d ago
Alford will now take on the role of Director of Operations Support. She holds a degree in Occupational Safety and Health, and has ten years of experience in manufacturing operations. May 16, 2024 | 6:32 pm CDT ..read more
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ISM: Economic improvement to continue through 2024
Woodworking Network
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4d ago
Manufacturing is expected to expand in 2024 at a slower pace than projected in December 2023; revenue is to increase 2.1%; capital expenditures to increase 1%; capacity utilization at 82.8%; services are expected to expand in 2024 at a slightly slower pace than projected in December 2023; revenue to increase 2.9%; capital expenditures to increase 1.4%; capacity utilization at 88.6%. May 17, 2024 | 6:28 am CDT ..read more
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1847 Holdings reports 15.0% Increase in revenue to $14.9 million for Q1
Woodworking Network
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4d ago
1847 Holdings LLC, a holding company specializing in identifying middle market businesses, reported that in the first quarter ended March 31, 2024, total revenue was $14.9 million in the first quarter of 2024 compared to $13.0 million in Q1 2023. May 17, 2024 | 6:49 am CDT ..read more
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Omec, manufacturer of dovetail machinery, celebrates '60 years of ingenuity'
Woodworking Network
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4d ago
This year marks the 60-year anniversary of Omec, an Italy-based manufacturer of dovetail machinery. May 17, 2024 | 7:04 am CDT ..read more
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Video: Boosting output through automation at Four Winds Laminating
Woodworking Network
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4d ago
Before integrating automated technology, Four Woods Laminating utilized an arm saw and hand-sprayed components. Now, equipped with a Homag panel saw and Makor spray lines, they operate more efficiently and production numbers have increased significantly. May 17, 2024 | 10:57 am CDT ..read more
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Trendway owner closing Michigan plant eliminating 117 jobs
Woodworking Network
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2w ago
Fellowes, the corporation that owns the former Trendway Corp. in Holland Township, Michigan, plans to shutter its Holland plant and will permanently lay off 117 employees, according to a Crain's Grand Rapids report. The company plans to wind down operations by the end of the month, according to the report. May 6, 2024 | 1:02 pm CDT ..read more
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