Drax Group announced plans to acquire a 20 percent minority interest in Alabama Pellets LLC for $29.7 million cash consideration in a deal with The Westervelt Co. The deal is expected to be finalized by the end of July and will increase Drax's interest in Alabama Pellets to 90 percent.
Winners were announced for The Great Closets Challenge which took place July 20-22 during AWFS 2021, held at the Las Vegas Convention Center.
The Visionary New Product Awards promote the development of innovative new technology in machinery, supplies, and services for the wood products industries.
Closet Pro Software owner Joe Bergamo displayed his ACSP Pioneer Award at his booth during AWFS Fair 2021.
The all-day event, held July 19 at the Las Vegas Convention center, included a roster of closet industry veterans.
Edgebander operators simply attach edge band to the butler, place all butlers needed for the day on the cart, and then wheel the cart to the edgebanding station.
DURHAM, N.C. – CNC machinery specialist ShopBot Tools announced it has recently restructured as an Employee Ownership Trust (EOT). Founder and Board Chair Ted Hall said the move was designed to position the company for long-term success by empowering employees while providing liquidity for shareholders.
Canadian lumber giant Canfor will curtail 115 million board feet of production capacity at its Canadian sawmills.