Registration is now open for the annual Wood Products Manufacturers Association (WPMA) meeting. The event will be held Sept. 27-28 in Nashville, Tennessee.
Rising mortgage rates and elevated construction costs put a damper on new home sales in June.
Sales of newly built, single-family homes in June fell 2.5% to 697,000 seasonally adjusted annual rate from a downwardly revised reading in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, new home sales are up 23.8% from a year ago.
1847 Holdings LLC provided, in an update on its 1847 Cabinet Inc. subsidiary, Kyle's Custom Wood Shop Inc., announced growth in production capacity and in market offerings. The holding company acquired Kyle's in September 2020.
Olon Industries, a manufacturer of woodworking component products for the North American furniture, and cabinet-making industries, announced the retirement of Greg Stoner, president and CEO, as of May 31, 2023.
The saga of the demise of United Furniture continued with the cancellation of an auction of the 14 properties formerly owned by the company, which is also known as Lane Furniture.
The auction was set to occur on July 25 but was canceled when the trustee overseeing the dissolution of United Furniture Industries Inc. assets decided that a previously rendered stalking horse bid was the best offer available.
LP Building Solutions (LP) has been recognized as a 2022 Safest Company Award winner by APA – The Engineered Wood Association. Now in its 15th year, LP has won this prestigious recognition 11 times