Woodworking Industry News

States Industries ends Chapter 11

As of Oct. 29, the operations of States Industries Inc. have been acquired by States Industries LLC, ending the company’s Chapter 11 bankruptcy proceedings. Renwood States Lending LLC provided financing throughout the Chapter 11 process and is the senior lender to the new States Industries LLC.

Press Releases

Woodworking Machinery: Recovery Slowing Down

ACIMALL reports the third quarter 2010 showed a slowdown of recovery, after two quarters characterized by rather sustained growth, proving that the woodworking machinery market is stabilizing to levels that are still far from pre-crisis volumes.

Woodworking Industry News

FTC proposes green guides changes

The U.S. Federal Trade Commission (FTC) has proposed a number of revisions to its Guides for the Use of Environmental Marketing Claims. One of the most significant is a new section on the use of environmental certifications and seals of approval in advertising.

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Election Returns for Woodworkers

"All politics is local," as the legendary U.S. Congressman Tip O'Neill once said, and as far as the woodworking industry is concerned, the biggest impacts may result from local races. Nationally there are some potential benefits for the woodworking industry, but threats, too, if Congress gets hamstrung.

Press Releases

University of Illinois licenses corn board technology

Corn Board Manufacturing Inc. (CBMI), and the University of Illinois at Urbana-Champaign (Illinois) have entered into a license agreement under which CBMI will utilize a corn-based structural composite technology initially developed by Illinois’ inventors, Dr. Nancy Sottos, Dr. Scott White and Dr. Thomas Mackin. CBMI’s primary product is labeled CornBoard.