Woodworking Industry News

Bestar and U.S. subsidiaries get temporary U.S. bankruptcy protection

WILMINGTON, Del. — A Delaware bankruptcy judge has granted provisional protection to the U.S. assets of Bestar and other sister companies facing liquidation. The shield prevents creditors from seizing the company's U.S.-based inventory or facilities while it navigates insolvency proceedings in Canada and seeks formal U.S. recognition of its bankruptcy, according to a report from Law360.

Woodworking Industry News

Acimall reports a stable market in 2025

According to the data published by Acimall, the association of Italian manufacturers of woodworking machinery, the industry closed 2025 with a total production value of 2.398 billion euros ($2.819 billion), recording a minor reduction of 1 percent compared to the previous year.

Woodworking Industry News

Carter Lumber acquires Gaster Lumber and Hardware

This acquisition continues the expansion of Carter Lumber’s footprint in the Southeast, giving the company full coverage across Georgia and adding the area from Hilton Head to northern Florida to its coastal service presence. Gaster Lumber was founded in 1985 and remained a Gaster family-owned and operated business until its acquisition by Carter Lumber.