Wyatt is the new Marketing Assistant.

Preparing to spin off MasterBrand Cabinets and other home remodeling and wood construction units, Fortune Brands, Inc. (NYSE:FO) has tendered offers to buy back more than $1 billion in its outstanding notes.

Fortune Brands Announces Preliminary Results of Tender Offers

Walnut lumber shipments, banned by Pennsylvania, was most viewed this week, followed by Lowe's layoff of 650 - a possible barometer on the economic outlook for home improvement; a revival of furniture manufacturing in the Southeast; Bush Furniture splits in two; and Norcaft Cabinetry sales rose, while profits fell.

Sawmill capacity will remain constrained by bankruptcies and shutdowns, so any increase in demand will move hardwood prices higher. We’ll see the first evidence of this in late-September or October, as Asian markets begin to re-stock ahead of the New Year, says editors of Hardwood Review.

As far as wood finishes are concerned, there is something excitingly new. We can still have the strong finish film that the acid and the urea resin combination create, but now new resin technology has erased the formaldehyde release. Welcome to the era of zero formaldehyde release coatings!

Juvenile furniture and products manufacturer Dorel Industries said second quarter revenue rose 1.9 percent to US$619 million, but net income fell 30 percent

The U.S. District Court in New York City has dismissed in its entirety the $100 million lawsuit brought against the U.S. Green Building Council (USGBC) by Henry Gifford and others.

The Home Depot reported second quarter net earnings of $1.4 billion on revenues of $20 billion.

Osborne Wood Products, Inc. announced Brandon Wyatt has joined the company's marketing department.