Concluding a fiscal year in which Ethan Allen Interiors saw profits climb 70%, Chairman and CEO Farooq Kathwari pronounced his company "well positioned to grow."

New household furniture orders rebounded in May, benefiting from the later dates of the Spring High Point Market, according to Smith Leonard's monthly survey of furniture makers and distributors.

Ash wood sales in the Northern U.S. will remain strong for the foreseeable future, with strong demand at home and abroad, especially for the upper-grades. Soft Maple sales should continue at a decent clip. Read more regional hardwood rundowns

Research to improve wood adhesives through the use of nanotechnologhy earned Dr. Joseph Jakes a Presidential Early Career Award for Scientists and Engineers (PECASE).

Canfor Corporation posted net income of $4.5 million for the second quarter, reflecting an improved market for lumber sales and a big turn-around from the $16.2 million loss the company experienced in Q1 of this year.

U.S. House Republicans pushed through a bill last Thursday that would stall federal regulations on businesses until the nation's unemployment rate declines to 6% or lower.

Rising lumber prices helped West Fraser Timber Co. Ltd., realize net earnings of $26.9 million (CAD) for the second quarter on sales of $774 million.

Plans are being readied for the all-new Cabinets & Closets Conference & Expo, February 27-March 1. 2013 in Edison, NJ.

Miltec UV, a manufacturer of UV-curing systems and electrodeless bulbs for curing wood and other substrates, promoted John Phillips to technical sales manager.