Source: Woodworking Network Lack of a visual glue line is what the furniture industry has wanted to see for years, or in other words what it didn’t want to see. There have been a number of different approaches over the years. The results can be evaluated differently.
Source: Woodworking Network Global sales of laminate flooring have held steady in spite of the recent spate of world-wide economic challenges, according to the European Producers of Laminate Flooring (EPFL).
Source: Woodworking Newwork The Cabinet and Vanity Manufacturing industry has fared poorly in the five years to 2013 because of shattered consumer confidence in the economy and slow residential housing expenditures due to the recession. Additionally, the steadily strengthening Canadian dollar made it cheaper for consumers to purchase imported cabinets and wood furniture products, which lowered domestic demand for manufactured products. “Canadian wood furniture manufacturers have faced increasing competition, particularly from countries with low labour costs, such as China and Mexico,” IBISWorld industry analyst David Yang says. As a result, even when residential housing expenditures started to recover from the recession, demand for industry products continued to slow. In the five years to 2013, IBISWorld expects industry revenue to fall at an annualized rate of 1.7% to $2.6 billion. Industry profitability has also contracted during the period due to import competition, stagnant domestic demand and rising input costs.
Source: WoodworkingNETWORK By Andy Johnson U.S. hardwood lumber exports totaled 114 million board feet in March—the latest month with available data—which was 3% below February. Combined exports to non-Chinese destinations in March climbed 6% over February, but exports to China declined 15% as some buyers did not immediately re-enter the market after Lunar New Year. Exporters reported decent business in May, though still-limited supplies of many items and increased buyer resistance to price increases constrained sales growth.
Source: Furniture Today U.S. Sen. Charles Schumer (D- N.Y.) said another New York furniture manufacturer may be owed money from uncollected duties on Chinese made bedroom furniture.
Source: Woodworking NETWORK By Bill Esler Veneer Services will now offer Raute's technology to hardwood veneer and plywood producers in the U.S. and Canada.
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