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Recent Articles

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Furniture Insights: New orders in April down 20% year-over-year, bringing year-to-date decline to 21%; April shipments up 13% year-over-year and year-to-date shipments up 6%, as shipments were made from large backlogs that have been carried

Moody's: Higher mortgage rates will lower housing prices in 'juiced' markets like Phoenix, Tucson, Carolinas, Florida, Boise, Idaho, but won’t end up crashing prices overall; lack of mortgage defaults, distressed sales keeps prices from falling too much

London-based sustainable agtech firm Materra raises US$4.5M to accelerate product development, meet growing demand, expand team, partnerships; company says it delivers 'higher quality' pesticide-free cotton at 400% yield, cuts water use by 80%, CO2 by 30%

EV maker Mullen Automotive retrofitting Monrovia, California, battery R&D facility to make battery-packs to support growing line of EVs; global EV market projected to reach US$980B by 2028, with CAGR growth of 24.5% from 2022 to 2028

RBC highlights wood products news for the week (June 27): Lumber prices up but OSB prices continue to dip; LP to sell Engineered Wood Products business to Pacific Woodtech; Uniboard to expand Val-d’Or, Quebec, plant; BID to acquire Smith Sawmill Service

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