SCM Planning Full Demo Schedule for IWF in August
The woodworking technology company will show new digital innovations at the show as well. SCM Group, a global leader in technologies for machining a wide range of materials and industrial components, is returning to IWF next month with cutting-edge technological and digital innovations and a rich program of live demonstrations dedicated to the whole woodworking […]
Lumber Prices Don’t Get Usual Spring Boost
As the building and construction sectors continue to struggle, reduced demand for lumber is depressing prices this year. In the spring a builder’s thoughts always turn to buying wood. But not so much this year. With both residential and commercial building not getting its usual bump in the spring season, lumber prices are at levels […]
The Biggest Mass Timber Building in U.S. Planned for Oakland, CA
The stakes keep getting higher – literally and figuratively – for mass timber construction with a 28-story structure in the works in California. The past few years have seen bigger and bigger mass timber buildings, particularly in the Pacific Northwest and Upper Midwest regions of the country and now a new record-setter is being planned […]
Which Ten States Are Best for Home Remodeling Businesses?
A new study points to these states with homeowners “most committed” to upgrading their homes. Even as many current homeowners are hesitant to leave their low-rate mortgages and move elsewhere those very same people are quite interested in fixing up their current houses. A new study from the self-storage company SpareFoot identified ten states in […]
Delays Expected for Several Weeks Following Particleboard Plant Explosion
An explosion at Tafisa’s Quebec plant, the largest particleboard factory in North America, knocked out some production the company says. It will be “several more weeks” before Tafisa’s giant particleboard manufacturing facility in Lac-Magantic, Quebec in Canada is expected to get back up to full production, the company said. The explosion, on June 14, affected […]
Nordson’s FoamMelt Set to Debut at IWF this August
The latest in the company’s line of melters represents the newest technology in the field. At the International Woodworking Fair this summer in Atlanta, Nordson’s FoamMelt FIT25 will be introduced with what the company calls “its latest breakthrough technology” in melters, which introduce an inert gas into hotmelt adhesives in a recirculating loop to create […]
Whatever Happened to the Interest Rate Cut?
Lots of people thought the Fed would have begun rate cuts by now. Will they still do so in 2024? The euphoria around the start of this year about the Federal Reserve cutting the prime rate, resulting in a subsequent drop in mortgage costs jumpstarting the new construction and overall housing market, has receded into […]
Baltimore Harbor’s Shipping Channel Has Reopened: Now What?
With the ongoing clearing of the remains of the Francis Scott Key Bridge, the port is back in business…but far from back in business as usual. Baltimore harbor, a key piece of the global supply chain especially for some building materials, is now open with clearance completed on the main shipping channel. According to a […]
Home Builders Institute Opens Training Academy in NC
The new BuildStrong Academy created to address labor shortages in the construction sector has opened in Charlotte. The new training center offers carpentry and electrical training in an effort to create skilled construction field workers to address what the HBI calls a “critical” shortage that has caused delays, increased costs and stifled growth in the […]
The Five Biggest Things That Worry the Construction Industry
A new report identifies the biggest concerns commercial general contractors and construction managers now have. Business sectors are always keeping their guard up against challenges they face and the construction trade is no different. A new study from QBE North America, the New York-based arm of the Australian insurance company, identifies five specific areas that […]