Wood components firm Osborne Wood Products says it is developing an appreciation sale to capitalize on seasonal surge in tale slide sales. It researched data from two years of ordering patterns in planning its promotion.
Quanex Building Products Corp. is acquiring cabinetry components maker Woodcraft Industries for $248.5 million in cash. The transaction by Quanex, a window and door components manufacturer, is expected to close in the fourth quarter.
Melamine panels are taking on greater roles in the wood products industry. In the above video, go behind-the-scenes to see what it takes to produce the panels, and how you can take delivery along with hardwood plywood and particleboard at the same time.
SCHWARZACH, AUSTRIA & LUBBECKE, GERMANY - The technology leader for cut to size solutions Schelling acquires the specialist for automated edge processing technology IMA from Adcuram in Munich. Together both companies will lead the way in automation technology for the panel processing and furniture industries.
A few years ago I cut a huge American Elm log into slabs and quickly sold all of them except one piece that ended up being short after hitting a few nails. The nails dulled the sawmill too much to finish the cut, until a new order came in.
Stocks of U.S. furniture makers rebounded on Monday, Aug 31 after a dip in late August brought on by the Chinese stock crises, which has roiled global financial markets over the past month. Although continued concerns about the Chinese manufacturing sector sent the market plummeting again on Tuesday.
Closets Magazine has been relaunched, by popular demand. Following a two-year hiatus, the home storage solutions publication has been completely remodeled and re-organized, to better serve the home organization professional.
Ethan Allen Chairman and CEO Farooq Kathwari has responded to a shareholder letter sent August 26 questioning the management of the company. Thomas Sandell, whose group owns 5.5% of Ethan Allen, said "sub-optimal fiscal policies and inefficient allocation of shareholder capital has resulted in the company`s stock trading at a significant discount to its intrinsic value."
I am still trying to wrap my head around the innovations and new products introduced at interzum and LIGNA in May. It was impressive and to say that I can recall everything I’ve seen there without my notes would be a lie. All the more reason then to look forward to the Woodworking Machinery & Supply Conference and Expo (WMS) 2015 in Toronto this November.