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.

 

Woodworking Industry News

Tague Lumber shatters Guinness World Record attempt

PHILADELPHIA — Near the end of April, a Pennsylvania lumber company shattered the Guinness World Record for having the most people simultaneously knocking on wood. According to the Guinness World Record website, the previous record-breaker was 295 people and was achieved by DZI Insurance Company, in Sofia, Bulgaria, on 13th August 2021.

Architectural Products

Masonite sells architectural business segment

TAMPA, Fla. — Masonite International Corp. announced that it has entered into a definitive agreement for the sale of all assets associated with the company’s Architectural segment to subsidiaries of IBP Solutions, Inc., a newly formed portfolio company of Industrial Opportunity Partners.The transaction is expected to close in the second quarter of 2024 and is subject to customary closing conditions.Houlihan Lokey, Inc. acted as Masonite’s financial advisor on the transaction.