Built to Sell: How to Keep Revenue Streams Flowing and Growing
Growing your wood manufacturing business depends on many factors—with three key drivers fundamental to success: Revenue goals scaled to your business model; target markets matched to your product mix; and sustainable capital resources secured. Let’s flash forward to this future state—or revisit your current reality: You’ve fully automated your business. High-level production is a constant. The product your […]
North American Plywood Introduces DesignPly System
DesignPly, a new program of multiple-finish birch plywood panels and components, is being introduced by Santa Fe Springs, CA-based North American Plywood Corp. North American Plywood Corporation’s new DesignPly program offers an eco-friendly, highly customizable and quick-to-market line of plywood in multiple finishes, including French oak, weathered oak, white oak, sapele and red birch. “Plywood […]
High Point Furniture Market Continues Rebound
Even as the overall market for home furnishings products, including wooden case goods, remains soft, the leading trade show for the sector showed a 6% increase in registrations. Reflecting the overall housing market and rising interest rates, the home furnishings sector remains soft, off significantly from the boom years of the pandemic when Americans spent […]
Has the Housing Market Bottomed Out?
Several new reports are suggesting that the U.S. housing market may have started a slow return, even as interest rates continue to stymie new home construction. Single-family housing sales, one of the best barometers for both the larger American economy as well as the construction sector, hit a one-year high in March, surging 9.6% to […]
Inflation Drove Subcontractor Spending up $97 Billion Above Plan in 2022
New research shows that U.S. subcontractors spent $97 billion more on materials and labor last year than they had planned in 2022, impacting their profitability. It’s well-known that inflation has driven up the cost of just about everything but the figures from a new study of subcontractor spending puts a hard – and troubling – […]
If IKEA Built Mass Timber Office Buildings This Is How It Would Go
It may not have been the original idea, but a new mass timber office building just completed in Portland, OR was prefabricated at a factory in Austria and flat-packed to the building site where it was assembled. The mass timber segment of the building trade got a new twist recently when a just-completed three-story office […]
Breaking News from IWF
WHO: IWF Atlanta and the European Federation of Woodworking Machinery Manufacturers (EUMABOIS) WHAT: EUMABOIS – IWF 2024 Cooperation Agreement DETAIL: The International Woodworking Fair Atlanta—North America’s oldest and largest global woodworking technology and design trade show and conference—has established a Cooperation Agreement with the European Federation of Woodworking Machinery Manufacturers (EUMABOIS) for the purpose of […]
Construction Jobs Drop In March but Still Up Over a Year Ago
The construction job picture continues to be unstable, showing a decrease in positions in March versus the month before but still gaining versus 2022 numbers. The slowdown in the residential housing market continues to have a negative impact on the number of construction jobs but the results so far this year are outpacing the 2022 […]
IWF Night at the Tabernacle Is Back in 2024
Exclusive Preview: IWF Night at the Tabernacle—the hottest ticket at IWF 2022—is BACK with more at IWF 2024. IWF Night at the Tabernacle 2022 delivered nonstop entertainment and networking for more than 1,000 attendees in the largest all-show event in IWF history. To see what’s in store at NATT 2024, check out the best of the […]
C.R. Onsrud Breaks Ground on New NC Facility
C.R. Onsrud , the family-owned machinery manufacturing company, broke ground last month for a new building that will bring its Troutman, NC campus up to 225,000 square feet. In breaking ground on March 1 for a new 67,000 building that will house production of larger machinery as well as additional office space, C.R. Onsrud said […]