Source: Woodworking Network
Chinese furniture manufacturer and IKEA supplier Liaoyang Ningfeng Woodenware Co. Ltd. will invest $2.1 million to establish its first U.S. subsidiary, New Ridge LLC, in Smyth County, VA.The new venture will create 125 jobs in the area.
Source: FOR CONSTRUCTION PROS.com
Construction materials prices fell 0.2 percent in October and are down 0.3 percent year over year, according to the November 21, 2013 Producer Price Index released by the Department of Labor. Nonresidential construction materials are down 0.5 percent for the month and are unchanged from the same time one year ago.
Source: GLASS CANADA By Patrick Flannery
The Canadian International Trade Tribunal has found that unitized curtain wall modules exported from China "threaten to cause injury" to the Canadian curtain wall manufacturing industry, triggering steep anti-dumping and countervailing duties on Chinese curtain wall entering the country. The decision makes permanent the provisional duties applied by the Canadian Border Service Agency in July.
Source: The Wall Street Journal
Glaston has today signed a framework cooperation agreement with Chinese Jinjing Group. The parties have agreed on a long-term, strategic partnership within the business fields of offline tempering, double and triple silver Low-E glass, machinery and equipment.
Associated Builders and Contractors’ (ABC) 2014 economic forecast for the U.S. commercial and industrial construction industry is consistent with ongoing recovery in nonresidential construction spending next year. However, the recovery remains constrained by a lack of conviction regarding overall macroeconomic and budgetary prospects in the United States.
source: Woodworking Network
Following more than a year of housing market recovery, Mark Savan, president of Therma-Tru Doors and Simonton Windows, sees 2014 as a year where the companies are well positioned to meet consumer needs by producing quality products in a timely manner and offering strong service at all customer levels.
Builder confidence in the market for newly built, single-family homes was unchanged in November from a downwardly revised level of 54 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. This means that for the sixth consecutive month, more builders have viewed market conditions as good than poor.
The American Architectural Manufacturers Association (AAMA) published a standard practice for the installation of exterior doors into residential and light commercial buildings of not more than three stories above grade in height, with surface barrier wall construction. FMA/AAMA/WDMA 400-13, Standard Practice for the Installation of Exterior Doors in Surface Barrier Masonry Construction for Extreme Wind/Water Exposure, is specifically designed for installations subject to extreme wind and water climate exposure, particularly in the coastal southeast United States, and addresses buildings that will be at high risk for water intrusion.