Eggers Veneer Buyout, Masonite Acquisition, Top Week's Reports
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Cabinetry manufacturing may relocate from New York to Louisville for Compass Manufacturing, which applied for a state grant. The start-up, launched last year and exhibiting its cabinets and plumbing fixtures at KBIS in Chicago, was awarded an initial grant by Kentucky.

Also in Kentucky, Select Veneer was acquired by wood manufacturing leader Eggers Industries. Acquisitions are heating up in the wood industry as companies position themselves for recovery, with a spate investment and acquisitions in the recovering wood industry over the past few weeks, including Masonite, which acquired Lemieux Doors.

Also intriguing: a video shows oepration of a hand-held CNC router, presented at Siggraph by MIT students.

 Lemieux Doors Masonite Continues Acquisition Spree, Buys Lemieux Doors By Rich Christianson | Updated: 08/10/2012 11:11:00 AM
Masonite International Corporation has added yet another door manufacturer to its portfolio, acquiring Lemieux Doors Inc. of Windsor, QC. Read more
   Cabinetry Plant Expanding in Louisville
By Bill Esler | Updated: 08/12/2012 11:04:00 AM
Kitchen cabinetry firm Compass Manufacturing, which opened in Louisville at the end of last year, has applied for state incentives in a $2.9 million investment in plant and equipment. Read more
Lumber pricing and sales

Lumber Shortages for Residential Flooring Manufacturers
By Andy Johnson | Updated: 08/07/2012 10:20:00 AM
Lumber shortages for residential flooring manufacturers. Plus, hardwood lumber sales remain sluggish in a seasonal summer slowdown but are expected to pick up in the fall. Read more

 Ebenisterie Tech Design Woodworking furniture wood components

Furniture Factory Invests $400,000 With Government Aid
By Bill Esler | Updated: 08/14/2012 6:21:00 AM
A New Brunswick wood components and business furniture firm will invest almost $400,000, with $240,000 from government investment aid. Read more

 

Video: Hand-Held CNC Router Hits Precision Cuts 
Posted by Bill Esler | Updated: 08/14/2012 7:48:00 AM
Hand-held CNC router, when placed within a quarter inch of target, corrects for path for precision routing. A commercial version will be available, say MIT students delivering a SIGGRAPH paper on it. Watch the video

 Walnut Creek Planing

Wood Component Maker Turns Waste into Profit
By Karen Koenig | Updated: 08/08/2012 11:16:00 AM
Ohio-based Walnut Creek Planing takes sustainability and lean manufacturing to a new level by turning its wood waste into a profit center. Read more

 Gibson Guitar CEO Henry Juszkiewicz

Gibson Guitar CEO Speaks Out on Lacey Settlement
By Karen Koenig | Updated: 08/08/2012 3:30:00 PM
CEO Henry Juszkiewicz said Gibson Guitar was compelled to settle with the Department of Justice on Lacey Act violations.
Read more

KraftMaid Cabinets logistics firm Cardinal

Cardinal Logistics Acquired by Centerbridge Partners
By Bill Esler | Updated: 08/12/2012 5:11:00 PM
Cardinal Logistics, which hauls cargo for KraftMaid Cabinetry among other clients, has been acquired by investment firm Centerbridge Partners. Read more

 

Exports Drive Martin Guitar Sales Up 16 Percent
By Bill Esler | Updated: 08/08/2012 4:11:00 PM
Martin Guitar saw a 16 percent sales jump, driven by buyers of high end laser etched and inlayed custom guitars. European and Japan exports were 40 percent of sales. Read more

 RisherMartin long leaf pine wood flooring

Cabinet Shops Reuse Wood in Many Award Winning Projects By Bill Esler | Updated: 08/08/2012 3:45:00 PM
Reusing materials, pocket doors, distressed wood and lots of spray foam insulation among trends drawn from local and national 2012 Contractor of the Year awards by the National Association of the Remodeling Industry. Read more

Read more Wood Industry news>>

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Watch a video of Select Veneer's manufacturing operation

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