The March 2013 issue of Red Book is now posted online featuring best practices for woodworkers.

The U.S. Senate again looks to reform the EPA’s Lead Renovation, Repair and Painting Rule with the reintroduction of the Lead Exposure Reduction Amendments Act.

Wood industry trade disputes are on the rise, with Chinese hardwood plywood imports subjected to countervailing duties up to 27 percent. Expansions at MasterBrand Cabinets and Wellborne Cabinets were also highly viewed.

Viridis Energy Inc. (TSXV: VRD), a manufacturer and distributor of wood pellets to global residential and industrial markets, has completed a restructuring of its short-term debt with Cornwall Investments that will infuse approximately $5.7 million into the financially-strapped company.

Leggett & Platt announced promotions and contract extensions of two company executives and the impending election of a third.

Wood furniture and custom moulding maker Lake Area Designs, a supplier to recreational vehicle and commercial wood manufacturing industries, is spending $1.5 million as it moves from Sturgis, MI to LaGrange, IN.

MasterBrand Cabinets, Inc. will invest $574,000 in equipment to expand capacity at its Goshen, IN plant. It has already begun hiring to fill 76 jobs being created; $430,000 in grants and tax credits sweetened the deal.

Multi-family housing starts declined 24.1% to 277,000 units in January, putting at least a momentary damper on the recovery of the new housing market.

The International Wood Products Association has hired Cindy Squires as its new executive vice president. Squires replaces Brent McClendon who left in December.

Expanding residential flooring sales in North America and exploding Chinese consumer demand for American oak in flooring and other furnishings will drive additional red oak price increases.