Woodworking Industry News

Madison’s Reporter: Sales of lumber continue slow in new year

As a fresh, brand new year of 2023 got started, lumber sales continued with the slow momentum which ended last year. This is normal for the season, particularly given some very harsh winter weather across the continent. Winter is not usually a good time for home building and construction. Several large-volume operators, especially in British Columbia, had reduced production and curtailed lumber manufacturing for a couple of months, and are continuing to do so in early January.

Woodworking Industry News

Simpson Strong-Tie acquires EstiFrame Technologies

Simpson Strong-Tie, a manufacturer of engineered structural connectors and building solutions has acquired Elk Grove, Calif.–based EstiFrame Technologies Inc. Founded in 2017 by Coby Gifford and Aaron Love, EstiFrame provides component manufacturing and framing technologies to the construction industry, including the EasyFrame automated marking system that matches saws with digital printers to label 2x frame members for fast and accurate assembly.

Woodworking Industry News

NAHB: Builder confidence uptick signals turning point for housing

WASHINGTON  – A new report from the National Association of Home Builders found a modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material supply chain disruptions and challenging affordability conditions.