Woodworking Industry News

Residential Furniture Sales Continue to Fall

HIGH POINT – High Point consulting firm SmithLeonard’s latest survey of residential furniture manufacturers and distributors indicates that sales of new furniture still seem to be declining, according to The Business Journal. The survey found that orders for new furniture in January were down 7 percent from January 2006, which followed a similar decrease in December and November.

Woodworking Industry News

The HON Co. Earns Shingo Prize for Excellence in Manufacturing

MUSCATINE, IA – The HON Co. announced that its South Gate manufacturing plant, located eight miles south of Los Angeles, received the Shingo Prize for Excellence in Manufacturing. The Shingo Prize honors organizations that demonstrate business excellence and exceptional performance in quality, cost and delivery achieved through lean principles and techniques.

Woodworking Industry News

Slower Lumber Markets Predicted through 2008

PORTLAND, OR -- Following four straight years of record consumption, demand for lumber declined 6% in 2006 and is forecast to fall another 7.5% to 55.97 billion board feet this year, according to a new forecast issued by Western Wood Products Assn. (WWPA). Looking to 2008, WWPA predicts overall demand will slip 1.8% before rebounding the following year.