Woodworking Industry News

Wood Products Facilities Cut Water Use

WASHINGTON – Thirty-six wood, pulp and paper facilities have reduced their collective water use by more than 1.1 billion gallons as a result of their membership in the Environmental Protection Agency’s National Environmental Performance Track Program. Performance Track encourages facilities to voluntarily commit to making improvements that affect the quality of air, water and land.

Woodworking Industry News

Temple-Inland Reports Bigger Q3 Profit

AUSTIN, TX –- Temple-Inland Inc. reported third quarter 2006 net income of $96 million or $0.87 per diluted share, compared with third quarter 2005 net income of $38 million or $0.33 per diluted share. Operating income for the third quarter 2006 of $83 million represented a record for the company’s forest products business segment, partly due to improved particleboard and gypsum prices. Read more.

Woodworking Industry News

Haworth Inc. Founder Dies

HOLLAND, MI – Gerrard W. Haworth, the founding chairman of Haworth Inc., died Oct. 25 at the age of 95. He established Haworth Inc. in 1948 as a garage-shop venture. Haworth is survived by his wife and five children.

Woodworking Industry News

SawStop Receives Recognition for Safety Innovation

WASHINGTON -- Popular Mechanics named the SawStop table saw one of its 10 “breakthrough tech-products” of 2006. Wilson Gass, inventor of the technology and founder of SawStop said, “I hope the attention this honor brings will prompt the adoption of federal safety rules ensuring that both professional and amateur woodworkers are protected from the injuries traditional table saws can deliver.” Read more.

Woodworking Industry News

Knoll Declares Profit Gains

EAST GREENVILLE, PA – Knoll Inc. announced results for the third quarter, which ended Sept. 30. Net sales were $243.6 million for the quarter, an increase of 16.4% from third quarter 2005. Operating income was $30.2 million, an increase of 14.8% from the third quarter 2005. Net income for the quarter was $15.6 million, compared to $8.2 million in the same period last year.