Woodworking Industry News

KCMA leaders meet with Department of Commerce

A group of leaders from the Kitchen Cabinet Manufacturers Association met with the secretary of compliance and enforcement at the Department of Commerce. In May, the leadership group representing the KCMA met with Lisa Wang Assistant Secretary of the compliance office and explained their issues and concerns with recent DOC decisions and the impact they have on their businesses and communities.

Woodworking Industry News

NAHB's new multifamily activity index finds market 'good'

The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 50 for the first quarter while the Multifamily Occupancy Index (MOI) reading was 82. Readings above 50 are considered good.

Woodworking Industry News

Sherwood Lumber expands East Coast reach with acquisition

Sherwood Lumber, a leading distributor of lumber and building materials, has announced its acquisition of Middle Atlantic Wholesale Lumber (MAWL), a key regional supplier of lumber products. This exciting partnership will provide Sherwood Lumber with an expanded geographic footprint and enhanced service capabilities, enabling the company to better serve its customers.