How Can The Export Of Logs Affect Your Woodworking Business?

October 6, 2017

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 cutting of timber (under penalty of imprisonment in labor camps), Asian buyers have focused their attention on purchasing US hardwood sawlogs to supply Chinese mills.  Up until recently, Asian log buyers would visit US sawmills and purchase sawlogs directly at the mill. The buyer would have the sawlogs stuffed into a container to be shipped to their customers.  Buyers would often pay a 20-25% premium, which made it unprofitable for US mills to saw their own logs. Owners were happy to make the additional profit without...

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Replacement Cost vs. Selling Price

September 1, 2017

What is replacement cost and does it affect the price you sell an item for? 

The association office continues to receive phone calls from buyers who would like to introduce a new product and who have an idea of what it will retail for. 

When asked if they have had any pr...

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How Are Changes to Retailing Affecting Wood Products Manufacturing Companies?

August 1, 2017

Many people have written about how our daily lives has been changed by the internet and the ability to shop on-line. The success of companies such as Amazon.com and Chewy.com had proved that consumers are comfortable purchasing products without visiting a brick and mortar outlet.

This rai...

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Will Log Exports Hurt Secondary Wood Products Manufacturers?

July 3, 2017

Being part of a world economy is usually a good thing that gives US manufacturers a much larger base to sell their products and hopefully increase profits. One situation that is discussed more often is the sale of logs to Chinese sawmills, the affect it is having on US sawmills and the availabili...

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Connecting With The Next Generation of Consumers

June 1, 2017

This is the first time in history that the Millennials (those aged 18-29) have surpassed Baby Boomers (those aged 53-71) in terms of numbers and potential customers in the marketplace. 

Raised by Baby Boomers, Millennials  were raised completely different than any other group in...

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