Woodworking Industry News

Conifex to Acquire Domtar"s Wood Operations

MONTREAL – Conifex Inc., a newly-formed forestry and sawmilling company, announced it is acquiring Domtar’s Forest Products Division, including sawmills and timber rights in Quebec and Ontario. “Our goal is to become the leader in forestry and sawmilling in Eastern Canada and the business we are acquiring provides us with a solid foundation to build upon,” said Ken Shields, chair of the board of directors of Conifex.

Woodworking Industry News

Conifex to Acquire Domtar"s Wood Operations

MONTREAL – Conifex Inc., a newly-formed forestry and sawmilling company, announced it is acquiring Domtar’s Forest Products Division, including sawmills and timber rights in Quebec and Ontario. “Our goal is to become the leader in forestry and sawmilling in Eastern Canada and the business we are acquiring provides us with a solid foundation to build upon,” said Ken Shields, chair of the board of directors of Conifex.

Woodworking Industry News

U.S. Decorative Laminates Demand to Hit 11.9 BSF in 2011

CLEVELAND - Sales of decorative laminates in the United States are forecast to increase 3.8% per year to 16.6 billion square feet in 2011, valued at $8.2 billion. Gains will be sparked by increased demand from the flooring industry, where the market for laminate flooring is projected to advance 9.6% per annum to 1.5 billion square feet in 2011, according to The Freedonia Group Inc., an industry market research firm.

Woodworking Industry News

U.S. Decorative Laminates Demand to Hit 11.9 BSF in 2011

CLEVELAND - Sales of decorative laminates in the United States are forecast to increase 3.8% per year to 16.6 billion square feet in 2011, valued at $8.2 billion. Gains will be sparked by increased demand from the flooring industry, where the market for laminate flooring is projected to advance 9.6% per annum to 1.5 billion square feet in 2011, according to The Freedonia Group Inc., an industry market research firm.

Woodworking Industry News

Housing Starts Up, Permits Down

WASHINGTON – The United States Commerce Department reported that housing starts rose 2.3% in June to a seasonally adjusted annual rate of 1.467 million following downward revisions for the previous two months. However, building permits were down sharply for both single-family and multi-family construction. Permit authorizations fell to their lowest level since December 1996 and now stand 43% below the recent peak in the fall of 2005.

Woodworking Industry News

Housing Starts Up, Permits Down

WASHINGTON – The United States Commerce Department reported that housing starts rose 2.3% in June to a seasonally adjusted annual rate of 1.467 million following downward revisions for the previous two months. However, building permits were down sharply for both single-family and multi-family construction. Permit authorizations fell to their lowest level since December 1996 and now stand 43% below the recent peak in the fall of 2005.

Woodworking Industry News

Merillat"s Research Finds Four Consumer Segments

ADRIAN, MI – The third phase of Merillat’s research, Kitchen 4mula, is part of an ongoing study with the goal of gathering valuable information on how builders and kitchen and bath professionals can better design kitchens, as well as sell more homes and upgrades. The first two phases, Model Behavior I and Model Behavior II, took an in-depth look at how people act, think and shop in a model home.

Woodworking Industry News

Merillat"s Research Finds Four Consumer Segments

ADRIAN, MI – The third phase of Merillat’s research, Kitchen 4mula, is part of an ongoing study with the goal of gathering valuable information on how builders and kitchen and bath professionals can better design kitchens, as well as sell more homes and upgrades. The first two phases, Model Behavior I and Model Behavior II, took an in-depth look at how people act, think and shop in a model home.