WFB EditorsNewsNew Home Sales Fall 5.9% in MayNew single family home sales declined 5.9% in May to a seasonally adjusted annual rate of 769,000, the U.S. Census Bureau and U.S. Department of Housing and Urban Development reported.June 23, 2021New ProductsDelmhorst Unveils BDX-20, BDX-30 Moisture MetersDelmhorst’s BDX-20 and BDX-30 pin-type moisture meters feature custom displays with auto backlight, on-screen statistics and wood temperature correction (°C and °F). They also include color-coded LEDs, and the BDX-30 has Bluetooth connectivity to connect to the Edge app.delmhorst.comJune 23, 2021NewsExisting Home Sales Dip 0.9% in May and ‘Approach Pre-Pandemic Activity’Existing home sales declined 0.9% in May to a seasonally adjusted annual rate of 5.80 million, according to the National Association of Realtors. It’s the fourth consecutive month of existing home sale declines. Year-over-year, existing home sales increased 44.6%.June 23, 2021NewsWFB Briefs: Huber Engineered Woods Plans OSB Mill in Minnesota; Horizon’s New Purchasing Team Member; Küberit’s New Business Operations ManagerHuber Engineered Woods (Charlotte, N.C.) announced plans to build an oriented strand board (OSB) production facility in Cohasset, Minn. The new mill will be located on more than 400 acres and increase the company’s production of its ZIP System and AdvanTech structural panels while providing over 150 new jobs in the area, according to the company. Huber currently has five mills located in Georgia, Maine, Tennessee, Oklahoma and Virginia.June 23, 2021NewsKährs Achieves New ‘Climate Positive’ Sustainability Standard for Wood FlooringKährs (Malmö, Sweden) announced it has achieved Type III Environmental Product Declaration (EDP) for a large portion of its wood flooring portfolio.June 23, 2021NewsTISE Concludes First Major In-Person Show Since PandemicThe International Surface Event 2021 concluded its first in-person show since the pandemic at the Mandalay Bay Convention Center in Las Vegas last week.June 21, 2021New ProductsDeWalt Introduces Wireless Tool Tracking ChipDeWalt’s Tool Connect Chip is a Bluetooth beacon add-on that allows tools to wirelessly work with Tool Connect System software that tracks and manages job site inventory, the company says. The Chip can be installed in the designated pocket of Chip-Ready products.dewalt.comJune 21, 2021NewsLumber Prices Down More Than 40% from May PeakLumber prices, which reached record-highs of $1,670 per thousand board feet in May, fell more than 40% in mid-June to around $900, according to the Wall Street Journal.June 21, 2021NewsEuropean Wood Flooring Production Held Steady in 2020Despite the challenges presented by the COVID 19 pandemic, the European wood flooring market managed to remain flat in 2020, according to the European Federation of the Parquet Industry (FEP).June 21, 2021NewsValue of U.S. Hardwood Flooring Imports Falls 17% in AprilThe value of U.S. hardwood flooring imports declined 17% in April, ITTO reported.June 21, 2021Previous PagePage 73 of 982Next PageTop StoriesRetailThriving Through Innovation: See the Winners of the 2025 WFB Outstanding Retailer AwardsFrom reimagined showrooms and mobile studios to thoughtful mentorship, employee empowerment and social media marketing, these WFB Outstanding Retailers are proving that personalized service is key to long-term success.TechniquesUseful Advice When Dealing With Pine FlooringContractingHow I Do These Jobs: Refinishing DecksManagementHow We Transitioned to a Second-Generation Family BusinessSponsor ContentIs the 'Upgrade' from 1K to 2K Finish Worth It?
