Source: Woodworking Network By Alex McKeown
A new analysis of medium-density fiberboard (MDF) pricing trends projects buyers still have some ability to negotiate terms of purchasing contracts, including price and other terms of delivery.
The global RFID smart cabinets market revenue is expected to reach USD 784.6 million by 2020, growing at a CAGR of 11.5% from 2014 to 2020. Rising initiatives undertaken by healthcare institutions to curb costs via the adoption of an efficient inventory management solution is expected to be a key driver for RFID smart cabinet demand. The report also observes that government regulations aimed at efficient inventory management of medical supplies in healthcare institutions coupled with the current low market penetration rate of RFID technologies in these institutions is expected to fuel market demand over the next six years.
Higher temperatures, more heavy precipitation, and drought. It’s all expected in the Central Hardwoods Region of southern Indiana, southern Illinois, and the Missouri Ozarks, according to a new report by the U.S. Forest Service, and partners that assesses the vulnerability of the region’s forest ecosystems and its ability to adapt to a changing climate.
Source: Woodworking Network By Andy Johnson
The severe weather across much of the hardwood producing region will slow production, extend the inventory shortage, and likely keep lumber prices firm. Demand is slowly picking up in the domestic U.S. market, with the cabinet, furniture and industrial markets all stronger than at this time last year. Railroads saw stronger activity in the last quarter, with car-loading well ahead of last year, and expect intermodal shipment to continue to rise in 2014—solid confirmations of a recovering economy.
source: Woodworking Network
The Honourable Joe Oliver, Canada's Minister of Natural Resources, today announced a new investment to support Canada's forest products market development office in Mumbai. Forest Innovation Investment India (FII India) is helping Canada to expand its forest product trade with India by identifying new opportunities for Canadian wood products and building local relationships. Minister Oliver made the announcement following a roundtable with forest industry stakeholders at the FII India office in Mumbai.
Although the financial crisis does not appear to be completely over yet, the international laminate flooring market is recovering. Growth has been seen particularly in Eastern Europe, as well as in exports to Asia and North America. The upward trend for EPLF producers that began to emerge in the previous year has stabilised. Even though slight sales declines continued to be observed in Western Europe, 2013 remained a good year for the EPLF (Association of European Producers of Laminate Flooring) thanks to gains in the other regional markets.