or 1.3%

Press Releases

Norcraft saw rise in cabinetry income for 2010

Mid Continent Cabinetry, Norcraft Cabinetry, UltraCraft, StarMark, Fieldstone and Brookwood parent says net sales increased 1.3%, to $60.7 million for fourth quarter of 2010; net sales rose 6.4% to $262.6 million for the year.

Woodworking Industry News

Construction spending drops to 2002 levels, report says

ARLINGTON, VA — Construction spending tumbled in February by $11.6 billion, or 1.3%, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America (AGCA). Declines occurred relative to both the month before and February 2009 in most categories of private residential and nonresidential construction, as well as public construction, the association’s chief economist Ken Simonson noted.