Rex Lumber Co. has announced plans to build a $110 million state-of-the-art softwood lumber manufacturing facility in Pike County, Alabama, creating more than 110 jobs.

More consolidations and closings reported in 2017.

Hunt Forest Products and Canada's Tolko Industries will co-build a brand new $115 million lumber mill in Louisiana.

TROUTMAN, N.C. - More than 140 woodworking professionals were on hand to mark the opening of C.R. Onsrud's new 55,000-square-foot fabrication center and kick off the technology provider's Expo2018 event. The technology expo took place Feb. 28 at the company's facility in Troutman, North Carolina. Highlights of the day-long event included machinery demonstrations, trends and information, networking opportunities and a tour of the company's entire campus, including the new fabrication center.

The Kebony technology modifies sustainably sourced softwoods by heating the wood with a bio-based liquid.

Hardwood Plywood & Veneer Association Becomes Decorative Hardwoods Association With The Launch Of DecorativeHardwoods.org

Conroy and Associates has been awarded the Chairman’s Club Award, recognizing the agency for the highest territory sales dollars in 2017.

Gibson Brands, the legendary manufacturer of electric guitars, revealed that it could face bankruptcy in July after nearly 116 years of business.

Demand for Italian woodworking equipment remained strong in 2017. According to the figures published recently, in 2017 the industry achieved a production value of $2.8 billion, up by 11.6 percent compared to the previous year. The export trend was also higher, amounting to $2 billion, 7.1 percent more than in 2016. The top 10 destinations include the United States at number one in purchasing Italian woodworking equipment and technology, followed by Germany, Poland and France.

John Rock Inc. one of the five largest pallet firms in the U.S., will see $2 million in new machinery go in over the next 90 days, spurred by the 2018 tax cut.