Woodworking Industry News

Cabinet hardware companies acquired by Fortune Brands

Fortune Brands Innovations Inc., former top cabinet company that split off its business and is now a home, security and commercial building products company, announced that it will proceed with the acquisition of the Emtek and Schaub premium and luxury door and cabinet hardware businesses, and the U.S. and Canadian Yale and August residential smart home locks business from ASSA ABLOY Inc.

Wood

Madison’s Reporter: Lumber Demand Remains Soft for the Time of Year

As April waned, the usual spring buying of construction framing softwood lumber had not yet materialized. Suppliers had plenty of inventory on hand for customers who continued to only order wood for immediate needs. As such, supply remained quite ahead of demand. Even as the days got progressively longer and the weather improved, there did not seem to be a boom in home building, as has been historically normal. Given that, the recent and ongoing production curtailments — especially in British Columbia — helped keep sawmill order files to within two or three weeks.

Woodworking Industry News

PLM Promotes three team members

Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, today announces the promotions of John Marazzo to Senior Vice President of Accounting and Corporate Treasurer, Steve Hicks to Assistant Vice President, Underwriting and Ed Nowak to Assistant Vice President, IT.&nbsp