Woodworking Industry News

Closets Conference & Expo News

Closets Conference/Wood Pro Expo Florida return to West Palm Beach

Registration is now open for the co-located events to be held April 12-14. More than 1,000 closets and woodworking professionals are expected to attend. In addition to daily keynotes, attendees will hear from experts on topics including design, hiring and retaining labor, digital marketing, writing contracts, adapting CNC manufacturing, and ensuring professionalism in your business.

Design

Danish furniture maker makes 2023 design predictions

NEW YORK -- BoConcept, the contemporary Danish furniture franchise offering functional and stylish furniture with more than 300 franchise locations in 65 countries, has unveiled its trends for 2023. Celebrating its 70th anniversary this past year, the brand has seen consumers’ consumption habits change and evolve, giving rise to new trends each season.

Canadian News

Canfor extending production curtailments in BC

Canfor Corp. is extending its sawmill curtailments in British Columbia due to ongoing weak market conditions and the lack of available economic fiber. The production capacity will be reduced through two-week curtailment extensions in January at select solid wood facilities in B.C. This will remove approximately 21 million board feet in addition to the 150 million board feet previously announced on December 5, 2022. The company said it plans to continue to adjust operating rates to align with market conditions and the available supply of economically viable timber.

Woodworking Industry News

Creditors owed $99.5M by United Furniture; seek to force shuttered company into bankruptcy

TUPELO., Miss. — Creditors are seeking to recoup nearly $100 million from United Furniture Industries, and one of its largest creditors — banking giant Wells Fargo — is pushing the company into an involuntary Chapter 7 bankruptcy filing. In addition to Wells Fargo,the petition also names two other creditors — Security Associates of Mississippi/Alabama and V&B international — as being owed money. In total, United owes more than $99.5 million, excluding interest, fees and expenses, to the three creditors alone.