As tariffs make daily news, and economic challenges and supply chain pressures affect businesses around the world, at least one company has decided to hold the line on what it charges its customers.

Parspec, an AI software platform that enables wholesale distributors and sales agents to bid and supply construction products efficiently, has raised $20 million in Series A funding. The round was led by Threshold Ventures (formerly DFJ), with participation from existing venture investors including Innovation Endeavors, Building Ventures, Heartland Ventures, and Hometeam Ventures.

New CNC will showcase a labor-saving automated cabinet nesting cell at Wood Pro Expo Lancaster, October 23-24 at Spooky Nook Sports.

“Scaling Your Closet Business: Strategies for Growth, Profitability, and Sustainable Success” will be presented by Heather Fedewa, The Business of Closets, at the 2025 AWFS Closets Symposium on July 21 in Las Vegas.

From basic nightstands to intricate Japandi workstations, the SkillsUSA Cabinetmaking Championship continues to push the boundaries of skill and design.

Powell Valley Millwork, a CMPC company, announced plans to invest $29.6 million across its two facilities in Kentucky. The Clay City and Jeffersonville operations will see building and equipment improvements and expansions, which will double the moulding and millwork producer's overall production capacity while creating 33 new jobs.

At the forefront of Marathon Hardware’s decorative hardware display will be striking new products from some of Europe’s most prestigious manufacturers -- Citterio Giulio, Roberto Marella and Viefe.

Mass timber is transforming how America builds—but supply hasn’t kept pace with demand. A gap in domestic manufacturing has slowed widespread adoption, leaving many developers with few options beyond overseas suppliers or traditional steel and concrete. Through strategic support from the USDA Forest Service Wood Innovations Program, the Forest Service is helping close that gap—boosting U.S. capacity, strengthening rural economies, and growing new markets for American wood.

Multifamily units completed reached 608,000 in 2024 — their highest level since 1986, according to NAHB analysis of the Census Bureau’s Survey of Construction. For the eighth consecutive year, most (54%) were high-density buildings comprising 50 or more units — a relatively new trend compared to early estimates in the series.