TOP HEADLINES

Woodworking Industry News

Masonite, Door Sales Up 5.4%, Is Flat On Exchange Rate

Door manufacturer Masonite International (NYSE: DOOR) sales were flat at $475.7 million for the third quarter of 2015, a result of an unfavorable exchange rate. Excluding the $26 million negative impact of foreign exchange, net sales would have increased by 5.4% to $501.7 million. Masonite reported a loss of $16.3 million after selling a French subsidiary.

Pricing & Supply

Lumber Giants Weyerhaeuser and Plum Creek Merge

Weyerhaeuser and Plum Creek will merge, creating a $23 billion timber, land and forest products company structured as a real estate investment trust (REIT), in an all-stock transaction. Plum Creek holds 6 million acres of forest in 19 states, and operates wood products mills in the Northwest.

Woodworking Industry News

JB Cutting Completes Major Office Renovation

JB Cutting’s corporate headquarters in Mount Clemens, MI completed a $300,000 total renovation project to convert the 3,000 square foot combined office and break room into an open office by re-imagining the layout and diminishing some of the under-utilized break room.

Woodworking Industry News

Alphacam Hires Applications Engineer Justin Maynard

Alphacam has expanded its rapidly growing technical support department with the addition of a new applications engineer to serve its burgeoning customer base.Recently hired Applications Engineer Justin Maynard contributes extensive practical knowledge in support of Alphacam users. Having accrued eight years of experience as a CNC programmer and machinist, Maynard has garnered hands-on knowledge that will aid in delivering top-notch customer support.

Event Coverage

LIGNA to Launch New Conference Series in May 2016

Organizers of LIGNA, the giant biennial wood manufacturing trade show, will launch a companion conference series during the off-years. The first will be held May 3-4, 2016 in Hannover, Germany, carries the theme, "Integrated Manufacturing in the Woodworking Industries - the Woodworking Community on its way to Industry 4.0." LIGNA also resets exhibitor categories.