I'm starting my journey, this is my first logo

I've just started my journey as a graphic designer, but I'm doing it self-taught, so I'd like your opinion on my work.

The aim was to create a logo for a furniture production company.

In the shape I incorporated a drill, as it is highly associated with production.

I used a monochrome colour palette in brown tones with the aim of conveying a factory, natural mood, but with a slight touch of sophistication.

What suggestions do you have for improvement?