A recent survey of component and dimension producers found while business has slowed due to COVID-19, the majority are still optimistic about 2020 sales, particularly in the residential markets.

The Wood Products Manufacturers Association elected its 2020 Board of Directors during the group's annual meeting, held Oct. 16-17 in Savannah, Georgia.

The association has re-branded their website to increase inquiries from potential customers for products that members are able to produce.

Second annual benchmark study includes information on top markets and product sales, plus business trends.

The Wood Products Manufacturers Association and Pennsylvania Lumbermens Mutual Insurance Co. will provide a 7.5 percent cash dividend to the Association's 2017 Safety Group.

1. Outsourced components can cost less than producing in-house. 2. You do not have to have the manufacturing capabilities or space in your own shop. 3. It allows you to take advantage of others’ expertise in design and manufacturing. 4. It can increase your productivity and efficiency in other areas. 5. It saves you time, allowing you to focus on more important things. 6. Outsourcing can reduce your capital expenditures.

A primer on buying dimension wood products and how they can save you money.