SAN JOSE, CA -- World demand for composite wood panels is expected to reach 299.3 million cubic meters by 2015, according to a new report by Global Industry Analysts Inc.
Top stories this week included confirmation by the Dept. of Commerce that China wood bedroom furniture is dumped, which means tariffs will be set on the exporters. Huck Group closed to plants, and the blizzards wreaked havoc with woodworking firms.
Chang Type Industrial, Taiwan OEM producer of Ryobi, Craftsman, Black & Decker and Dewalt power tools sold at Sears, Home Depot and Lowe’s, closed Feb. 4 on a deal to buy Delta Machinery from Stanley Black & Decker, forming Delta Power Machinery Corp. in Anderson, SC.
EDMONTON, AB -- McKillican International received the Pacific Northwest Business Champion Award for 2010 from the Forest Stewardship Council. The award recognizes McKillican's efforts to sustain forests and expand the market for FSC-certified products.
OTTAWA, ON -- Canadian housing starts inched upward in January, reaching the seasonally adjusted annual rate of 170,400 units, according to Canada Mortgage and Housing Corporation (CMHC).