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How Demand for Products in China that are Manufactured with American Red Oak May Affect Your Business
The Government banning the harvest of timber in China, coupled with a huge increase in demand for products manufactured from American hardwoods, has placed a strain on the availability of logs for US sawmills. Demand increases outpaced
Congratulations on Promotion
Continental Underwriters, Inc., a Richmond, VA based Managing General Underwriter and Wholesale Broker specializing in providing insurance and risk management solutions for companies in the forest products industry, is proud to announce
How will tariffs imposed on imported Chinese hardwood plywood affect US manufacturers?
The International Trade Commission recently upheld tariffs on imported Chinese hardwood plywood that average 208% due to findings that they were "dumping" product on the US market and were having an adverse affect on US manufacturers. We
Excess Capacity
In speaking with many of our members, the phrase frequently being heard is, “We have business, but we would really like to utilize our ‘excess capacity.’ It would really make a big difference on our bottom line.” With so many
Will Your Asian Manufacturer Always Be Producing Your Product?
The number of upper middle class and affluent households in China continues to rise to a projected 30% of urban households, up from a 17% share in 2017. This affects the woodworking industry because as the Chinese economy continues to
How Can The Export Of Logs Affect Your Woodworking Business?
One issue we keep hearing about is the number of US companies that are exporting logs, with a majority of the exports going to Asia. Since the Soviet Union changed their policy on the export of raw logs and since China has banned the