Woodworking Industry News

Inscape secures $15 million loan

Inscape Corp., a manufacturer of office furniture, entered into a new $15 million senior credit facility with FrontWell Capital Partners Inc. to repay existing indebtedness, finance new capital equipment, and for general working capital purposes.

SFI to create urban forest sustainability standard

OTTAWA and WASHINGTON -- The Sustainable Forestry Initiative Inc. (SFI) announced a partnership with five urban forestry groups to develop an SFI Urban and Community Forest Sustainability Standard. SFI will work with American Forests, Arbor Day Foundation, the International Society of Arboriculture, the Society of Municipal Arborists, and Tree Canada. The new standard would be developed for North America and potentially globally. It would establish criteria for urban forest sustainability, likeily including urban wood utilization.