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Podcasts

What happened to the family business - with Nick Stoltzfus

Episode Summary Will Sampson muses about how difficult it is to maintain a family business in today’s economy. His guest is Nick Stoltzfus, president of Keystone Wood Specialties, a manufacturer of wood products for cabinetry in Lancaster, Pennsylvania. Nick recently took over management of the company from his late father and founder of Keystone, Sam Stoltzfus.

Canadian News

Canfor closing mills and pellet plant as it restructures operations to 'create a more sustainable footprint'

VANCOUVER, Canada -- Canfor Corp. is closing one sawmill and pellet plant and temporarily closing a second sawmill. The actions will affect nearly 500 workers, and remove approximately 750 million board feet of annual production capacity. The announcement comes just weeks after the company announced it will permanently shut down its pulp mill in Prince George. Canfor is rationalizing its sawmill and pulp mill operations in B.C. to align with a shrinking fiber supply.

Woodworking Industry News

Uneeda is expanding its headquarters

Uneeda has completed a large expansion of its headquarters in Spring Valley, N.Y. The company increased its square footage from 58,000 square feet to 100,000 square feet to accommodate more machinery and warehousing space to streamline the manufacturing process and meet the current demand for its products.

Woodworking Industry News

84 Lumber to accelerate expansion plans

EIGHTY FOUR, Pa. -- 84 Lumber, a privately owned building materials supplier in the U.S., is undergoing expansion across both its manufacturing and retail spaces. The company currently operates 310 facilities which include 234 stores, 14 component manufacturing plants, 28 engineered wood product (EWP) centers and 34 door shops. The company plans to open new facilities and make improvements to 54 existing locations to increase its market share by the end of 2023. 

Woodworking Industry News

Bassett Furniture reports big fourth

BASSETT, Va., -- Bassett Furniture Industries, Inc. achieved increased sales and earnings, according to Robert H. Spilman, Jr., Chairman and CEO of Bassett Furniture. "We posted revenue of $121.0 million in our fourth quarter, a 5.8% increase against the backdrop of an increasingly difficult macroeconomic environment as we head into another year," reported Spilman.