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Graco Sells Binks, DeVilbiss & Ransburg Finishing for $590M

By Karen Koenig Posted: 10/09/2014 11:07AM

Graco will sell the Binks, DeVilbiss, Ransburg and BGK assets obtained during its acquisition of the Finishing Brands. Carlisle Companies will purchase the Liquid Finishing business from Graco for $590 million.

Wood Machinery Manufacturers Approve New ANSI Standard

Posted: 10/02/2014 7:25PM

The Wood Machinery Manufacturers of America (WMMA), the national trade association for those who make machinery, cutting tools and supplies for the woodworking industry, has announced the approval by the American National Standards Institute (ANSI) of a new standard developed by the Accredited Standards Committee 01(ASCO1).

Justice Department Kills Arauco, SierraPine Panel Mill Deal

Posted by Karen Koenig | Posted: 10/01/2014 2:00PM

Arauco subsidiary Flakeboard's plan to purchase three SierraPine panel mills has been called off. Arauco and SierraPine mutually agreed to terminate the asset purchase agreement "due to certain objections by the U.S. Department of Justice."

Woodworking Machinery Maker Celebrates 5,000th CNC Router Sale

Posted by Karen Koenig | Posted: 10/01/2014 8:58AM

Machinery manufacturer AXYZ International marked the sale of its 5,000th CNC router during a recent open house held at the company's 48,000-square-foot headquarters in Burlington, ON.

Wood Tooling Supplier Opens New Facility

Posted by Karen Koenig | Posted: 09/30/2014 5:19PM

H3D Tool Corp. announced it has moved its Southern operations to a new location, in Connelly Springs, NC.

Wurth Louis Adds Cabinetmaker Machinery Expands Kent, WA Showroom

Posted: 09/29/2014 12:10PM

Wurth Louis and Company Expands Kent, WA location and features fully functional machinery showroom. New expanded building provides access to state-of-the-art machinery for cabinetmakers and contractors

American Lumber Underwriters Names Richard Hayes as Sales Executi

Posted by Bill Esler | Posted: 09/22/2014 7:34PM

Richard Hayes was named sales executive for American Lumber Underwriters. The agency works nationally to secure insurance to meet unique challenges for businesses involved in the manufacture of wood products and the retail/wholesale distribution of lumber.

Timber Investment Firm Acquires 13,000 Acres Southeast Timberland

Posted by Karen Koenig | Posted: 09/22/2014 10:40AM

Timbervest has acquired 13,220 acres of timberland in Georgia, Tennessee and Vermont for its investment group.

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