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Woodworking Industry News

Manufacturing PMI at 50.3%, wood sector grows as furniture contracts

TEMPE, Ariz. — Economic activity in the manufacturing sector expanded for the second month in a row in February after 26 consecutive months of contraction, say the nation's supply executives in the latest Manufacturing ISM Report On Business.The report was issued today by Timothy R. Fiore, CPSM, C.P.M., chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:

Woodworking Industry News

Demystifying insurance: The value of insurance to the wood industry

“It won’t happen to me…” You care deeply about your business. You have cultivated a culture of safety. You have invested in dust collection, spray booths, automatic suppression, UL approved self-closing rag containers and other loss control measures. “It won’t happen to me” is not an unreasonable thought to have, but it is a very dangerous one.