Chinese lumber buyers swarmed through sawmills and lumberyards trying, in vain, to lock in prices. Highly coveted American hardwoods are in demand around the world, report analysts at Hardwood Review.
As a result, U.S. sawmills are tooling up, with Associated Hardwoods the latest to grow sawmill capacity to fill demand. Through a specialized federal tax credit program, Associated Hardwoods will open a sawmill in Gaffney, SC. The new markets Tax Credit program supports development of manufacturing in rural areas.
The upcoming machinery auctions at Cardell Cabinetry and at Furniture Brands, were also among most viewed wood industry reports.
Lumber Prices Surge as Sawmills Run ShortBy Andy Johnson | Posted: November 7, 2013 - 4:50 PMWorldwide demand for North American hardwoods climbed faster than supply in October, causing lumber prices to surge. Chinese buyers in the U.S. to secure wood supplies find exporters unwilling to lock in prices. |
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Cedar Shingle Maker Cited for Fatal Machine Accident By Rich Christianson Posted: 11/13/2013 9:13AM |
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New MDF Panel Uses Potato Starch ResinBy Karen Koenig | Posted: November 5, 2013 - 2:00 PM |
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Cabinets Made Easy for A Custom Cabinet ShoppeBy Michaelle Bradford | Posted: November 6, 2013 - 1:18 PM |
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Hilco Auctioning Cardell Cabinetry Machinery Dec. 9By Bill Esler | Posted: November 11, 2013 - 10:47 PM |
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Autodesk to Acquire Delcam for $276 Million By Karen Koenig | Posted: November 8, 2013 - 9:45 AM |
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Closet & Storage Concepts Acquires More Space Place Closet ChainBy Bill Esler Posted: 11/10/2013 7:25PMCloset & Storage Concepts acquired More Space Place, Clearwater, FL, the largest national dealer of Murphy Beds |
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Norcraft Cabinetry Raising $92 Million on Stock ExchangeBill Esler | Posted: 11/10/2013 10:21AMNorcraft kitchen and bathroom cabinetry, manufacturer of Mid Continent Cabinetry, Norcraft Cabinetry, UltraCraft, StarMark Cabinetry and Fieldstone Cabinetry, began trading on the New York Stock Exchange Nov. 6, 2013 at $16 a share |
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Kitchen Cabinetry Faces Generation Style Gap By Bill Esler | Posted: October 15, 2013 - 9:54 PM |
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Timber Theft: Un-noticed; Serious Illegal Drain of Forests By Chuck Ray | Posted: November 9, 2013 - 5:55 PM |
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Remodeler Nabbed for Workman's Comp Fraud By Bill Esler | Posted: October 29, 2013 - 8:34 PM |
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