steelcase

Woodworking Industry News

French tax

Steelcase Inc. (NYSE:SCS) fourth quarter revenue was $747.9 million and net income of $77.5 million. Results include significant favorable impact from reversal of French tax valuation allowance and gain on partial sale of unconsolidated affiliate

Production

Plywood Alternative Is Grown from Mushrooms

Ecovative Design has made a mission of replacing synthetic plastic polymers with natural mushroom based polymers, called mycellium. First used in packaging and OSB-alternatives, new applications are being developed to replace plywood in furniture.