NAHB Pushes Back Against New Lumber Tariffs
The latest round of duties on imported wood is creating a new level of uncertainty about the home building business going forward. When President Trump announced a new 10 percent tariff on imported lumber along with additional duties on some furniture, kitchen cabinets and bathroom vanities, the reaction from the industry was as expected. “These […]
Over Half of Homeowners Plan to Renovate in Next Five Years
The housing market may still be struggling but existing homeowners have big plans in store for renovations. A new, just-released study reports that 58 percent of homeowners say they plan to make renovations on their homes within the next five years, providing positive news for the building trade which remains stymied by the slump in […]
Flat-Front Kitchen Cabinets a Key Trend for ‘24: Zillow
Zillow, the home home-buying online service, revealed some of the things it says potential homebuyers are looking for in their new homes. Every home buyer has their own favorites when it comes to what they want in their next home, but Zillow pointed to design trends it sees for the new year, including several of […]
New Study Says Look for More Wood in More Kitchens
A new research report forecasts that wood will be used more prominently in kitchens next year. There may not be wooden appliances or kitchen sinks but a new study asking designers, remodelers, architects, and others about trends for American kitchens is forecasting wood and wood looks will be featured more prominently next year. This will […]
Cabinet Sales Up 8.5% for April Over 2022 Numbers
Even as the overall housing market remains soft, it appears that the remodeling side of the business is driving sales of kitchen and bathroom cabinets over last year’s numbers. New data from the Kitchen Cabinet Manufacturers Association shows that its members reported an increase in overall cabinet sales, by dollar revenue, of 8.6% for the […]
Salice Adds to Its Line with Three New Products
Several new products that help in household renovation and remodeling projects have been introduced by Salice America (IWF 2022 Exhibitor): the F70 undermount slide; the Exedra2 Double pocket door system; and the Pin display storage system. The Charlotte-based American arm of the Italian parent company, Arturo Salice S.p.A., recently debuted these additions to its full […]
Patented Modular Cabinetry Continuously Adapts as Needs Change in Homes, Restaurants, Hotels
Inventor Richard D. Cornell introduces at IWF 2022 (Booth C2358) what he calls “industry-changing inventions,” a system of patent-pending cabinetry that works either independently or in concert to alleviate many of the barriers which confront the physically challenged virtually every minute of every day. The system is accessible, modular, and adaptable. In other words, Richard’s […]
Owner of ClosetMaid, Clopay Doors Eyes Sale or Divestiture
New York, NY—Griffon Corporation (NYSE:GFF) says its board of directors retained Goldman Sachs to review a sale, merger, divestiture, recapitalization, or other strategic transaction. Among other businesses, Griffon owns ClosetMaid as well as Clopay, which makes garage and commercial doors. Griffon is not under duress, with business for 2022 expected to rise 34 percent, or […]
Massive West Coast Window-Panel-Cabinet Plant Sold to Philly Firm
Tracy, CA—Volumetric Building Companies will acquire Katerra’s 577,000-sq-ft. cabinetry, panel, and building component factory in Tracy, CA. It is the second major asset sale within weeks for Katerra, which entered Chapter 11 Bankruptcy protection on June 6, 2021. Katerra also agreed to sell its Spokane, WA cross laminated timber (CLT) plant on August 3 to […]
Manufactured Building Firm Katerra Enters Chapter 11
Houston, TX—Katerra, the fast-growing manufacturer of factory-built homes and other structures, voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Many of Katerra’s projects use wood construction componentry, including mass timber. In the past few years Katerra rapidly expanded a […]