Masco Cabinetry's KraftMaid Cabinets planned a price increase based on tariff hikes expected for plywood imported from China. Instead, the International Trade Commission ruled China didn't dumping plywood, a story that became the most-viewed report this week.
KraftMaid said that Department of Commerce anti-dumping duties and counterveiling duties totaling 73% were largely responsible for its decision to raise its cabinet prices by up to 12% effective Dec. 23. Inflationary increases on particleboard, cardboard and hard and soft lumbers also are contributing to the planned price increases.
“The anti-dumping and countervailing duties significantly increase raw material costs for manufacturers, such as KraftMaid Cabinetry,” said Rick Roetken, president of Masco Cabinetry. With the International Trade Commission finding China didn't dump plywood, Kraft Maid may alter its plans.
Here are the wood industry's most-viewed reports this week:
1.) Chinese Hardwood Plywood Supporters Win Antidumping Ruling
2.) Woodshop is Facebook's Latest Geek Perk
3.) Creative Woodwork Driven by CAM
4.) New MDF Panel Uses Potato Starch Resin
5.) As Chestnut Goes, Ash Follows a Hundred Years Later
6.) Ashley Furniture, Ethan Allen Interiors Appeal Antidumping Ruling 7.) How Many Cabinet Companies Are There in the U.S.?
8.) Video: Hiland Wood's Component & Casket Making Capabilities
9.) Fanuc Unveils CNC & Robot Automotive Architecture
10.) Sherwin-Williams, Denied Mexican Acquisition, May Refile
11.) Musicwood: Taylor, Martin, Gibson Guitar Search for Sitka Spruce
12.) Fed Agency Recommends SFI Wood Options in Green Buildings
By Jo-Ann Kaiser | Posted: October 30, 2013 - 2:53 AM
Alternates to FSC wood-anchored LEED projects get support. General Services Administration latest advisory on green buildings okays GBI's Green Globes green building certification, which accepts SFI, ATFS and FSC.
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