AMELIA ISLAND, Fla. -- A special joint technology presentation titled “Demystifying AI, AR, VR” led off the last day of sessions at the Woodworking Industry Conference. Coordinated by Woodworking Network’s David Biggs, WIC attendees learned more about artificial intelligence, augmented reality and virtual reality.
There were fewer woodworking companies that closed their doors during the past year than in any year in recent memory, if the FDMC 300 is any guide. With FDMC 300 research well underway, only five companies have been identified as closed or likely out of business. Work is continuing on the list of leading manufacturers of cabinets, furniture, millwork and store fixtures, and it is possible that one or two other companies may be identified as being closed.
Is it safe to say the woodworking industry is recovering? Yes, a home buidling and remodeling is driving it, as the latest Federal Reserve Beige Book documents. An underlying factor: formation of new households.
By Bill Esler
In addition to the July trip, the Scanlans also won $1,000 in Freud products.
Western Forest Products Inc. announced its second quarter 2011 results.