The Decorative Hardwoods Association reported that U.S. imports of hardwood plywood increased by more than 58% in volume and more than 33% in value so far through May of this year.
Cambium has acquired Forward Forestry, a network of arborists and tree care companies selling logs in the U.S. With this deal, Cambium will add arborists to its sustainable supply chain OS, increase the supply of fallen trees into its supply chain to boost the production of Carbon Smart Wood and add key logistics experience to the team.
New orders for residential furniture dropped 3% in May compared to 2023 figures, reversing the recent trend of year-over-year growth, according to the latest issue of Furniture Insights. Approximately half of the survey participants, however, reported increased orders in May compared to a year ago.
Frank Epple, Managing director of Holz-Her GmbH, has retired after more than 25 years at the Germany-based woodworking machinery manufacturer. He is succeeded by Robert Terzer.
Pending home sales in June ascended 4.8%, according to the National Association of Realtors. All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
An entirely new type of wood that does not fit into either category of hardwood or softwood has been discovered by researchers who were undertaking an evolutionary survey of the microscopic structure of wood from from 33 tree species from the Cambridge University Botanic Garden’s Living Collections.