News
Ashley Furniture Names New Chief Sales Officer
Ashley Furniture, Arcadia, WI, has promoted Kerry Lebensburger to North American Chief Sales Officer for its Primary Channel of Business in the U.S. and Canada. He’s been with Ashley since 1993 and was most recently the President of North American Sales, Marketing and Merchandising. See Woodworking Network and Ashley Furniture
U.S. Manufacturing Shipments Increase in May
Seasonally adjusted May shipments for all U.S. manufacturing industries grew 1.6% from April to $543.4 billion. Wood product shipments dipped 0.2% in May to $13.1 billion compared to the prior month. Shipments of furniture and related products rose 1.4% from April to $6.2 billion. New orders for all U.S. manufacturing increased 1.6% from April to
May U.S. Construction Spending Down Slightly
U.S. construction spending in May was estimated at a seasonally adjusted annual rate of 1.78 trillion, down 0.1% from April and a 9.7% increase over the year prior. Private construction spending remained consistent with April’s seasonally adjusted annual rate of $1.44 trillion. Residential totals for May grew 0.2% from the previous month to $938.2 billion
U.S. Kitchen and Bath Cabinet Sales Surge in May
U.S. kitchen and bath cabinet sales in May were 20% higher than the comparable month in 2021 and rose 8% from April, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales increased 15.4% from May 2021 and 4% from April. Custom cabinetry sales climbed 20.9% over May of
May U.S. RV Shipments Reach Record High
The RV Industry Association’s monthly survey of U.S. manufacturers reported May shipments reached 50,529 units, increasing 2.6% over the comparable month in 2021 marking the highest May on record. Year-to-date shipments rose 11.8% compared to 2021. See RV Industry Association
Canadian Building Permits Up in May
Canadian building permits in May increased 2.3% from April to $12.1 billion (CAD) and grew 21.1% from the year-ago period. Residential authorizations dropped 0.1% from April to $7.8 billion but rose 15.1% from May 2021. Single-family totals reached $3.8 billion, rising 7% from April and 13.9% from the prior year. Multi-family levels decreased 5.9% from
CPA Publishes Revised ANSI Particleboard Standard
CPA is pleased to announce that the revised ANSI A208.1-2022 Particleboard Standard is now available. This latest version supersedes the 2016 standard and includes the addition of the U.S. EPA TSCA Title VI formaldehyde regulation as a requirement, a more comprehensive definition of particleboard, updated ASTM standards, corrected referenced footnotes in ASTM D1037, as well
Fall Meeting Hotel Reservations Continue; Registration Available Next Week
Members are encouraged to book hotel reservations now for CPA’s Fall 2022 Meeting, September 11-13 at the Fairmont Queen Elizabeth hotel in Montreal, Quebec. The meeting begins on Sunday with the Welcome Reception at 6:30pm and concludes on Tuesday afternoon with the Board of Directors Meeting. Reservations are being accepted through August 19 or until the
CPA Presents at EPF Meeting
CPA Chairman Steve Carroll (Arauco) and CPA President Andy O’Hare participated in the 2022 European Panel Federation (EPF) annual meeting which was held in Gent, Belgium from June 28-July 1, 2022. Chairman Carroll presented an overview of the current state of the North American composite panel industry, highlighting the most up-to-date capacity and shipment statistics
Tafisa Announces Investment to Build Sixth TFL Line
Tafisa Canada, Lac-Megantic, announced a $34 million investment to expand its main plant and build a sixth TFL line. The new production line is expected to be operational in the fall of 2023. Additionally, Tafisa inaugurated its lacquered panel plant which was a $28 million investment. See Tafisa
Ashley Furniture Names New Chief Sales Officer
Ashley Furniture, Arcadia, WI, has promoted Kerry Lebensburger to North American Chief Sales Officer for its Primary Channel of Business in the U.S. and Canada. He’s been with Ashley since 1993 and was most recently the President of North American Sales, Marketing and Merchandising. See Woodworking Network and Ashley Furniture
U.S. Manufacturing Shipments Increase in May
Seasonally adjusted May shipments for all U.S. manufacturing industries grew 1.6% from April to $543.4 billion. Wood product shipments dipped 0.2% in May to $13.1 billion compared to the prior month. Shipments of furniture and related products rose 1.4% from April to $6.2 billion. New orders for all U.S. manufacturing increased 1.6% from April to
