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Woodworking Machinery Market to Exhibit 3.9% CAGR by 2028

Woodworking Machinery Market to Exhibit 3.9% CAGR by 2028
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Wood components industry on upward curve: Exclusive study

Print Business for wood components manufacturers, particularly those involved in the residential segment, continues to be fairly steady as North America emerges from the coronavirus pandemic. A recent survey of more than 150 component and dimension producers found that although they were initially hard hit by the COVID 19 pandemic, as evidenced by the 61.9% that reported negative effects in the first half of 2020, by the second half of 2020 that had lessened to 33.1%. Interestingly, 56.1% saw a positive effect on their business, likely due in part to the upswing in renovations as homeowners sheltered in place. And when asked for their 2021 sales projections, practically all, 86.4%, are optimistic.

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WCMA launches monthly virtual roundtable events | Woodworking Network

•    Risk and Insurance •    Wide Belt Sander Operations and How to Fix Them •    Other subjects important to the audience The event is open to WCMA members and companies that are eligible for membership in the association. Registration is now open for the May event at wcma.com/May 2021 Virtual Round Table.html. The Wood Component Manufacturers Association (WCMA) advances and promotes the interests of the North American wood products industry through interactive and innovative manufacturing solutions. The WCMA represents manufacturers of dimension and wood component products who can supply components for cabinetry, furniture, architectural millwork, closets, flooring, staircases, building materials, and decorative/specialty wood products, made from hardwoods, softwoods, and a variety of engineered wood materials. 

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Fitzpatrick & Weller Chairman Dana Fitzpatrick has died

Comments ELLICOTTVILLE, N.Y. - Dana Fitzpatrick, chairman of the board of Fitzpatrick & Weller Inc., passed away on Dec. 18. He was 90. A longtime fixture in the woodworking industry, Fitzpatrick capped his 66-year career by leading the wood components manufacturer s celebration of its 125th anniversary in 2020. In addition to his leadership role at the company, Fitzpatrick was a former director of the National Hardwood Lumber Association, Hardwood Manufacturers Association, and the American Forest and Paper Association. He served as chairman of the American Hardwood Export Council and the National Forest Products Association. The company is also a member of the Wood Products Manufacturers Association and the Wood Component Manufacturers Association.

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