Woodworking Industry News

Woodworking Industry News

Yankees bomb Brewers with 'torpedo' bats

The New York Yankees set a franchise record with nine home runs in a single game Saturday, March 28, as they pounded the Milwaukee Brewers 20-9 at Yankee Stadium. In fact, the Bronx Bombers hit 15 home runs in the three-game sweep of the Brewers. Several players on the team had a secret weapon. The torpedo bat.

Woodworking Industry News

NAR: Pending home sales advanced 2.0% in February

WASHINGTON — Pending home sales improved 2.0% in February, according to the National Association of Realtors. The Northeast and West experienced month-over-month losses in transactions – with a larger decrease in the West – while the Midwest and South saw gains, which were greatest in the South. Year-over-year, contract signings dropped in all four U.S. regions, with the Midwest undergoing the greatest reduction.

Woodworking Industry News

MillerKnoll, Steelcase release tariff warnings

Office furniture giants Steelcase and MillerKnoll in recent earnings releases said that they are anticipating tariff cost losses to be as much as $16 million in the upcoming quarter and plan to offset these costs with price increases.For Steelcase, first quarter estimates include an assumption of $9 million of higher tariff costs as compared to the prior year. The fiscal 2026 targets reflect pricing actions offsetting the impacts of higher tariffs and related inflationary cost increases,