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Woodworking Industry News

Madison Report: New home sales take wild ride

VANCOUVER, BC, -- Sales of new homes in the US have bumped up and down for the second half of this year and recovered upward once again in October. While it is true that a slowdown is apparent in both construction and home buying activity, it is important to note that new building activity year-to-date remains almost even compared to January - October of 2021.

Woodworking Industry News

Man killed in workplace accident

SALINA, Kan. -- The Salina County Sheriff’s Office said a man died in an on-the-job accident at a woodworking plant last week. Local news station KWCH said the sheriff’s office reported that around 3:30 p.m. on Wednesday, November 23, emergency crews responded to Crestwood Inc. A worker at the cabinetry business was trapped under a 1,800-pound load of wood.

Woodworking Industry News

Cross laminated timber market projected to reach nearly $3 billion in 2028

Cross Laminated Timber Market is expected to reach $2.99 billion in 2028, growing at a CAGR of 14.17% during 2022-2028, reports Stratview Research. Stratview Research, a market research firm, launched a report on the Cross Laminated Timber Market that provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape. The report has a high utility for the key decision-makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.