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Woodworking Industry News

84 Lumber to accelerate expansion plans

EIGHTY FOUR, Pa. -- 84 Lumber, a privately owned building materials supplier in the U.S., is undergoing expansion across both its manufacturing and retail spaces. The company currently operates 310 facilities which include 234 stores, 14 component manufacturing plants, 28 engineered wood product (EWP) centers and 34 door shops. The company plans to open new facilities and make improvements to 54 existing locations to increase its market share by the end of 2023. 

Woodworking Industry News

Bassett Furniture reports big fourth

BASSETT, Va., -- Bassett Furniture Industries, Inc. achieved increased sales and earnings, according to Robert H. Spilman, Jr., Chairman and CEO of Bassett Furniture. "We posted revenue of $121.0 million in our fourth quarter, a 5.8% increase against the backdrop of an increasingly difficult macroeconomic environment as we head into another year," reported Spilman.