Paul Sova, president of Showplace Wood Products, was elected president of the Kitchen Cabinet Manufacturers Association. Sova says KCMA will reset its goals. "We have a good story to tell; we are on the way back and on the rebound.”
Merillat and KraftMaid cabinets helped Masco grab headlines with a 13% share price spike, nudging the Dow to a new high. The housing recovery is boosting wood products firms and related suppliers' earnings.
Most viewed this week: Cabinetry sales of $4.7 billion for 2012, were up 7.3% versus 2011, says KCMA. Sales for December 2012 jumped 15.2%. Topping that was a woodworking robot and a carpenter's claim to the throne of Richard III.