Timber Products’ 1Q results show promise for hardwood plywood
SPRINGFIELD, OR – According to Timber Products Vice President Roger Rutan, while the kitchen cabinet sector has struggled the past 12 months, the need for hardwood plywood in the institutional, educational and retail environment markets showed a promising level activity in the first quarter of 2009.

According to Rutan, the first quarter of 2009 was stable in the institutional market for new projects and those nearing completion. With federal stimulus funds expected to be geared toward these facilities this year, continued growth is anticipated.

“Scientific laboratory fixtures, millwork and cabinets for educational and commercial institutions, hospitals and special manufacturing facilities are still having some activity,” Rutan said. “We have a number of customers in Wisconsin and Illinois that say their business is good right now. We’re also seeing a growing number of orders coming in for materials that will be turned into casegoods for libraries, museums and universities.”

“Projects like the Children’s Hospital of Wisconsin that were approved and started years ago are still moving forward, so when it comes time for cabinetry and casegoods, those orders are still coming in,” said Rutan.

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