FGI INDUSTRIES LTD C/WTS (TO PUR COM)(FGIWW.US)

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FGI INDUSTRIES LTD C/WTS (TO PUR COM)
FGIWW.US
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10:51 ET Digital Door Lock Systems Market Surges to USD 8.27 Billion by 2033, Propelled by 11.5% CAGR - Verified Market Reports®

The Global Digital Door Lock Systems Market is projected to grow from USD 3.10 Billion in 2024 to USD 8.27 Billion by 2033, with a CAGR of 11.5%. This growth is driven by increased security awareness, smart infrastructure adoption, and technological innovations such as IoT and biometric authentication. The market is expanding across various sectors, including residential, hospitality, and healthcare, with a focus on tailored solutions and integrated security ecosystems. Asia-Pacific is leading in growth due to urbanization and smart city investments, while North America and Europe show strong demand for replacements.

prnewswire·
prnewswire·

LIVE MARKETS-Wall Street indexes close to flat; chips outperform

US equity indexes closed modestly lower, with the S&P 500 showing mixed performance across sectors. Chip stocks outperformed, led by Micron Technology, following positive earnings and strategic partnerships in AI. The Philadelphia semiconductor index rose ~1%. Meanwhile, the Materials sector declined, impacted by concerns over rising electricity costs and deteriorating homebuilder sentiment. U.S. factory production saw an unexpected increase in December, but overall activity contracted in Q4. Investors are cautious ahead of the long weekend due to Martin Luther King Day.

Reuters·
US
TSM
+0.22%
Reuters·
US
TSM
+0.22%

Lumber Climbs to Nearly 3-Month Highs

Lumber futures have surged above $600 per thousand board feet, reaching a nearly three-month high due to improved demand expectations and tightening supply in North America. The drop in 30-year mortgage rates to 6.06% has boosted purchase and refinance activity, prompting builders to restock for the upcoming spring construction season. Additionally, higher US duties on Canadian softwood have increased costs and led to reduced harvests and mill closures in Canada, further constraining supply. Elevated construction input costs are also being reported, reflecting tariff-related pressures in the supply chain.

Trading Economics·
Trading Economics·

CDPH Dashboard confirms silicosis epidemic in California fabrication shops; data shows artificial stone can't be safely fabricated by humans.

The California Department of Public Health (CDPH) has reported a significant rise in silicosis cases in fabrication shops, indicating that artificial stone fabrication is unsafe for workers. The data, released on January 15, 2026, underscores the urgent need for action to protect workers in this industry, as the health risks associated with this practice have reached alarming levels.

Unusual Whales·
Unusual Whales·

CDPH data shows 54% of artificial stone fabricators in CA have silicosis, emphasizing urgency to ban materials with >1% crystalline silica.

A recent report from the California Department of Public Health (CDPH) shows that 54% of artificial stone fabrication shops have reported cases of silicosis. This emphasizes the critical importance of eliminating materials with over 1% crystalline silica content. The data was released on Jan. 15, 2026, in Novato, California. Brayton Purcell LLP has issued a statement in response to this concerning finding.

Unusual Whales·
Unusual Whales·
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