EFFINGHAM, Ill.--(BUSINESS WIRE)--Sep 17, 2025--
John Boos & Co., a pioneer in the art of crafting wooden cutting boards and butcher blocks since 1887, announces the addition of JK Adams, a celebrated name in high-quality wooden kitchenware. This strategic move combines the exceptional craftsmanship and legacy of both companies, creating an expanded portfolio of culinary solutions for chefs, commercial kitchens, and home cooks.
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John Boos will retain JK Adams' headquarters and staff in Dorset, Vermont, where the company has operated since 1944. The move expands John Boos' U.S. footprint, where it has maintained its headquarters in Effingham, IL, since 1887.
The change will allow product diversification, shared resources, collaborative innovation, and further eco-friendly initiatives, as both companies value sustainable practices. The deal will also honor each brand's commitment to traditional woodworking techniques.
The strategic move will expand product offerings to meet an array of culinary needs, combining John Boos' celebrated craftsmanship, professional-grade cutting boards and butcher blocks, commercial stainless steel kitchen equipment, and premium kitchen work tables and carts, alongside JK Adams’ wooden cutting boards, carving boards, and more.
"JK Adams' strong reputation in the culinary industry and its trusted food preparation products make the brand a seamless addition to John Boos," commented John Boos CEO and President Damon Childers. "We are excited to harness the brand's expertise and continue our shared commitment to craftsmanship, innovation, and sustainability."
"We are proud to embark on this exciting new chapter alongside John Boos, whose unparalleled expertise in the foodservice industry sets a standard of excellence," said Adam Sigel, President and CEO of JK Adams. "Together, we will foster growth, ensuring that the exceptional quality cutting boards created by our skilled craftsmen benefit commercial kitchens and home cooks alike."
ABOUT JK ADAMS
JK Adams Company was founded in 1944 in Dorset, Vermont. For over 80 years, JK Adams has been known for its functional and beautiful products for professional chefs and home cooks, including cutting boards, serving trays, and kitchen organizers, all made from sustainably sourced hardwoods. Every JK Adams product is made by hand in Vermont using sustainably harvested North American hardwood. www.jkadams.com
ABOUT JOHN BOOS & CO.
John Boos & Co. is America's oldest manufacturer of premium kitchen equipment used by some of the world's top chefs, culinary professionals and home cooks. Based in Effingham, IL, the company has been committed to quality products and sustainable practices since it was founded in 1887. John Boos & Co. makes cutting boards, butcher blocks, countertops, tables, and stainless steel food surfaces for residential and commercial kitchens worldwide. Visit John Boos & Co. at www.johnboos.com.
John Boos & Co. announces the addition of JK Adams, uniting two legacy brands dedicated to high-quality wooden kitchenware for chefs and home cooks. This move expands product lines and strengthens their commitment to craftsmanship, innovation, and sustainable practices.
NEW YORK (AP) — Stocks are climbing worldwide, and oil prices are easing Wednesday as hopes build that the war with Iran could end soon. Some of the moves are tentative, though, after financial markets have already seen similar bouts of optimism get quickly undercut several times.
The S&P 500 rose 0.6% and added to its leap from the day before, which was its best since last spring. That followed even bigger gains for stock markets across Europe and Asia, including an 8.4% surge in South Korea, which were catching up to Wall Street’s rally from Tuesday.
The Dow Jones Industrial Average was up 292 points, or 0.6%, as of 10 a.m. Eastern time, and the Nasdaq composite was 1% higher.
Oil prices also fell back toward $100 per barrel after President Donald Trump said shortly before Wall Street began trading that Iran “has just asked the United States of America for a CEASEFIRE!”
“We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”
Trump had said the night before that the U.S. military could end its offensive in two to three weeks. That added to optimism following a couple tenuous signals of hope from earlier Tuesday that Wall Street latched onto, including a news report quoting Iran’s president as saying that it has “the necessary will to end the war” as long as certain requirements are met, including “guarantees to prevent a recurrence of aggression.”
The worry on Wall Street has been that the war may last a long time and keep oil and natural gas from the Persian Gulf out of global markets, which could create a brutal blast of inflation.
But hope has been quick to swing to doubt on Wall Street since the war with Iran began, triggering manic swings back and forth for financial markets. Trump has also made statements that lifted markets, only to see the gains quickly disappear after increasing his military threats against Iran. Investors say Trump’s statements are becoming less impactful for financial markets.
And oil prices remain high, even if they’ve eased so far this week. The price for a barrel of Brent crude oil, the international standard, was sitting at $101.16 following its declines, which is still up from roughly $70 before the war began.
U.S. gas prices rose again overnight to a national average of $4.06, according to the auto club AAA.
Iran hit an oil tanker off the coast of Qatar and Kuwait’s airport on Wednesday while airstrikes battered Tehran as the fighting continued. Iran also continues to hold a grip on the Strait of Hormuz, where a fifth of the world’s traded oil passes during peacetime.
“De-escalation hopes have given markets a lift, but we think the effects of the war would, in many cases, persist even if the war did end soon,” Thomas Mathews, head of markets, Asia Pacific at Capital Economics, said in a research note Wednesday.
“It’s worth thinking through how markets might fare if the war were to end ‘very soon,’” he wrote. “Do markets have further to recover if sentiment continues to improve? The answer is almost certainly yes.”
The White House said Trump will deliver a public address Wednesday evening on the Iran war.
On Wall Street, the majority of stocks rose, with Big Tech powering the move higher. Gains of 2.8% for Alphabet and 0.8% for Nvidia were two of the strongest forces lifting the S&P 500.
They helped offset a 13.1% drop for Nike, which fell even though it reported a stronger profit for the latest quarter than expected. Analysts said it gave some lackluster financial forecasts.
Hasbro fell 3.6% after the toy company found someone had gained unauthorized access to its computer network and is working to see what the full impact was.
In stock markets abroad, indexes leaped more than 1% in France, Germany and the United Kingdom. Asian markets had even bigger gains.
Tokyo’s Nikkei 225 jumped 5.2% after a survey by Japan’s central bank showed business sentiment for major Japanese manufacturers improved despite Iran war worries.
In the bond market, Treasury yields held relatively steady after a report said U.S. retailers made more money in February than economists expected. A separate report said U.S. manufacturing growth last month was slightly faster than economists expected. The 10-year Treasury yield rose to 4.32% from 4.30% late Tuesday.
AP Business Writers Chan Ho-him and Matt Ott contributed.
James Conti works on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
Philip Finale works on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
A screen displays financial information on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
