Woodworking Associations Reach Agreement to Own International Woodworking Fair

The Woodworking Machinery Industry Association (WMIA), the Wood Machinery Manufacturers of America (WMMA) and the American Home Furnishings Alliance (AHFA) jointly entered into an agreement for the purchase of AHFA’s ownership interest in the International Woodworking Fair (IWF) by WMIA and WMMA. The transaction is expected to close late this year following IWF2012. Inaddition, WMIA and WMMA entered into a new partnership for the management and ownership of IWF.