News, Updates, & Press Releases

Keep up-to-date on the latest happenings in the woodworking industry. Woodworking Network provides news & updates for the professional woodworking and closets & organized storage industries in North America.

 

Architectural Products

Timberlab acquires American Laminators accelerating mass timber construction

PORTLAND, Ore. —Timberlab Holdings Inc., owner of Timberlab Inc., a national provider of mass timber systems, and Diversified Wood Resources, LLC, doing business as American Laminators, an Oregon-based glue-laminated timber (glulam) manufacturer, have entered into an agreement for Timberlab to acquire the assets of American Laminators and will continue operating their two Oregon-based facilities in Drain and Swisshome beginning June 10, 2024.

Canadian News

Interfor posts $72.9M Q1 loss

BURNABY, British Columbia – Interfor recorded a first-quarter net loss of $72.9 million on sales of $813.2 million. The Q1 financial deficit comes on the heels of a net loss of $169.0 million the company recorded in Q4 2023.