Wood Industry Almanac 2014 - Custom Woodworking: Market Trends

Wood Industry Almanac 2014 - Cabinetry & Countertops: Market Trends

Contemporary cabinets, quartz countertops, and pre-finished and engineered wood flooring are among the top trends for home interiors Neil Kelly Co. sees for 2013.

The cabinet and vanity manufacturing industry is projecting an 8.6% growth in 2012 based on increases in consumer spending and a stabilization in the housing market, according to a recent study by IBISWorld.

Armstrong World Industries Inc. announced late Wednesday it will sell its cabinet business to American Industrial Partners (AIP) for $27 million. The transaction is expected to be completed in the fourth quarter of 2012.