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Woodworking Industry News

Satellites show where forests are being lost - how AI is helping

WASHINGTON — One-third (34%) of all global forest lost between 2001 and 2024 is likely permanent — meaning trees in those areas are unlikely to grow back naturally, according to a new analysis by World Resources Institute (WRI) and Google DeepMind. The findings, made possible by an advanced AI model and satellite imagery and developed by Global Forest Watch, Land & Carbon Lab and Google DeepMind, offer the most detailed local, regional and global view to date of what’s driving forest loss — and what can be done about it.

Woodworking Industry News

RH reports 'surprise' profit

CORTE MADERA, Calif. — In reporting first-quarter 2025 results, numbers that were referred to as a "surprise" by at least one analyst, Gary Friedman, chairman and Chief Executive Officer of RH, reported a profit for the fiscal 2025 first quarter and said the company was making progress moving production out of China to mitigate tariff impacts. 

Woodworking Industry News

Veneer company closing factory

JACKSON CENTER, Pa. — International Timber and Veneer, a manufacturer of custom-cut veneer products, is set to close its facility by August 18, 2025.According to a WARN notice filed with the state, the closure of the plant in Jackson Center, Mercer County, will affect 81 workers.

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