Woodworking Industry News

Technology

Bill Gates-backed startup uses old wood to remove carbon from air

Graphyte, a startup backed by Bill Gates' Breakthrough Energy Ventures fund, offers a new carbon dioxide removal approach that is permanent, affordable, and immediately scalable. The “Carbon Casting” technology can permanently remove billions of tons of carbon dioxide (CO2) for 1,000+ years at under $100/ton, according to the company.

Woodworking Industry News

Star Equity Holdings acquires Big Lake Lumber

Star Equity Holdings, Inc., a diversified holding company, has completed the acquisition of Big Lake Lumber, Inc., a Minneapolis-based building supply center and lumber yard, effective October 31, 2023. Big Lake will be integrated into Glenbrook Building Supply, Inc. one of the businesses in Star’s Construction division.