JAVA --High fuel costs are squeezing local loggers and a Java sawmill already hurt by a slump in new home construction. Lumber demand, which is the highest it’s been in the past five years, is not the problem for the Gregory Lumber ...
Tags: market view, gas, sawmill, price
Northern Minnesota’s logging industry is suffering along with the rest of the national wood products industry, but leaders of trade groups say loggers who’ve held on so far are likely to survive. Since the downward trend started ...
Tags: market view, timber
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction was unchanged in January after rising 0.1% in December. The index was up 3.1% on a ...
Tags: News Update, Market View, Construction Material, Price
U. S. Timber and lumber sales have taken a major hit as a result of the housing bubble collapse and the economic recession that began in 2008, says James Henderson, and while there has been a glimmer of improvement in the market — ...
Tags: market view, timber, housing
Demand for cutlery and hand tools collapsed in 2007, another casualty of the housing market crash. In 2010 and 2011, however, the industry was able to post revenue gains thanks to rising consumer spending and export demand. The industry has ...
Tags: Industry Trends, hand tool
Manufacturing probably grew at a faster pace in January, a sign the industry will lead the U. S. Expansion early this year, economists said before today’s report. The Institute for Supply Management’s factory index rose to 54.5, ...
Tags: market view, Construction
Recent housing data suggests that 2012 may be the year of turnaround in the housing markets. While a healthy recovery for the markets still seems far away, the prices are now bottoming out. As a result of improving sentiment, the home ...
Tags: industry trends, timber, ETF, housing
Timber frame houses have a very long history, dating back to Neolithic times and continuing all the way through the present. The craft has been refined over that time, but the principles are the same — using felled trees to their ...
Tags: market view, timber
The New Year will bring a giant auction -- more than 130 injection presses and 20 extruders -- from four closed-down plants of Fortis Plastics LLC. Branford Group and Great American Group will conduct the auctions over three weeks, one ...
Tags: market view
Local timber mills are climbing out of the recession, but it's going to be a sluggish trip, said Wade Mosby, vice president of Collins Products, a company that employs about 170 people in Klamath Falls. "We think it's not going to get any ...
Tags: market view, timber
Extruders make everything from medical tubing and film and sheet for packaging — Strong markets— To vinyl windows and siding — These days, not so hot. The diversity sums up the North American extruder market in 2011. The ...
Tags: Extrusion machine
Riding China's unprecedented home construction growth is at best a short-term strategy. What happens when this growth levels out or worse, declines? How would you measure success in a market that just a handful of years ago did not exist? ...
Tags: coating