The global mass timber construction industry generated $857.1 million in 2021, and is anticipated to generate $1,542.2 million by 2031, witnessing a CAGR of 6.0% from 2022 to 2031, according to a new report by Allied Market Research.

MillerKnoll reporting positive sales growth for both the fourth quarter ended May 31, as well as fiscal year. Despite this the company earnings were down as a result of tariff-related costs.For the period ended May 31, net sales of $961.8 million, up 8.2% as reported and up 7.8% organically, year-over-year. Overall, in fiscal year 2025, net sales of $3.7 billion, up 1.1% as reported and up 1.6% organically, year-over-year.

Sto Corp., manufacturer of claddings, air barriers, coatings, and restoration systems, hs launched StoShield SA and Sto GoldSeal STPE, air and water-resistive barrier (AWRB) solutions that adhere to substrates, including glass mat gypsum, wood-based sheathing, concrete, and CMUs.

Canfor Corporation decided to permanently close its Estill and Darlington sawmills in South Carolina, effective August 2025.

Steelcase Inc. reported first quarter revenue of $779 million, and net income of $13.6 million. In the prior year, Steelcase reported revenue of $727.3 million, and net income of $10.9 million.

Authors, business owners, and television personalities Erin and Ben Napier will host the American Home Furnishings Hall of Fame Foundation Induction Celebration on Oct. 26 during the High Point Market.

Roboguide allows users to create, program, and simulate robotic work cells in 3D without the need for physical prototypes, reducing costs and improving accuracy in automation planning. With the launch of this next-generation software, Fanuc is introducing several powerful upgrades, including new virtual reality tech , enhanced support for CAD, and modernized user interfaces.

Consolidated Construction Company Inc., a full-service commercial design build contractor headquartered in Appleton, Wisconsin, has expanded its in-house millwork division by opening a dedicated cabinet and carpentry facility in the town of Clayton, just outside Neenah, which is about 40 miles southwest of Green Bay.

The CNC router market is seeing growth in demand with rapid integration of AI, IoT connectivity, and sustainable initiatives as manufacturers place delivered accuracy, precision, waste elimination, and smart maintenance at top priority.

To celebrate 100 years of Festool, the company is giving users across the country the chance to win $1,749 worth of tools and merchandise. Participants can also earn up to 10 bonus entries if they register eligible Festool power tools (see terms and conditions for details). Enter now for a chance to win the Limited-Edition TS 60 and Festool Fan Shop merchandise.