Wood Industry 2026-03-18 EN Latest News: HOMAG Group Reports Higher Earnings in 2025 Despite Continued Weak Furniture Sector

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March 18, 2026

FEATURE

When the Founder Steps Back: What Family Manufacturers Must Get Right on Succession

Family business succession is often framed as a future leadership milestone. In practice, research suggests it is a current operational concern. ... Read more.

MESSAGE FROM THE EDITOR

This week’s feature explores the delicate realities of succession in family manufacturing businesses, where thoughtful planning, defined roles, and honest communication are critical to a smooth leadership handoff. Our column shifts to the shop floor, urging companies to move beyond quick fixes and confront root issues to drive stronger performance, accountability, and long-term stability.

– Tyler Holt, Editor

LATEST NEWS

HOMAG Group Reports Higher Earnings in 2025 Despite Continued Weak Furniture Sector

HOMAG Group reported a significant improvement in earnings for fiscal year 2025, driven largely by cost-cutting and operational optimization ... Read more.

AWMAC Seeks Industry Professionals as GIS Inspector Recruitment Expands

The Architectural Woodwork Manufacturers Association of Canada (AWMAC) is expanding its national pool of GIS Inspectors and is recruiting qualified ... Read more.

Ottawa Backs Mass Timber, Indigenous Forestry and Research with $4.4M Prairie Investment

The Government of Canada is investing more than $4.4 million across 10 projects in Alberta and Manitoba aimed at strengthening the Prairie forest sector, ... Read more.

Federal–Provincial Workforce Tariff Response Programs Commit Nearly $300M to Support Workers in B.C. and Ontario

The Government of Canada has announced new workforce support agreements with British Columbia ... Read more.

COLUMN

Tackling Core Issues in Your Business

In any business, there are often surface problems that are essentially just symptoms of more profound issues. These underlying problems are the real or fundamental issues that are the root causes of what’s going wrong. ... Read more.

BUSINESS

Ottawa Reviewing Safeguard Inquiry Request on Imported Cabinets, Flooring and Wood Furniture

The federal government is reviewing a request for a trade safeguard inquiry into several imported wood product categories, including cabinets, vanities, ... Read more.

Contributors wanted! We’re always looking for contributing writers and stories for our newsletter. If you have something you’d like to share with readers and want more details, please email Jake Blanchard at jakeb@mediaedge.ca.


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