Recipients are eligible for the scholarship for four years, with some granted a fifth year based on their school and finalizing their undergraduate degree or their trade school program.
This market is witnessing robust expansion as remote and hybrid work arrangements become a long-term norm across many industries. Consumers are seeking ergonomically designed furniture that supports extended hours of home-based work. Demand for products such as sit-stand desks, adjustable chairs, and space-saving solutions has risen sharply.
Peak Toolworks announced that it has redesigned its website for both the United States and Canada markets, and these modern new websites will go live on May 22, 2025.
The initial launch features four collections, each with its own trend-forward designs that meet parents' unique aesthetics: Kindred Walnut Ash, Kindred Whitewash Ash, Quiet Luxury, and Embraced Forms.
In 2024, the market is valued at $43.1 billion and is projected to reach $69.8 billion by 2031, expanding at a CAGR of 7.1%. This robust growth is fueled by rising disposable income, urban housing trends, and greater emphasis on interior aesthetics.
The first phase of construction on the Theodore Roosevelt Presidential Library, a future cultural destination located in the heart of the North Dakota Badlands, and the largest mass timber project in the state to date.