Will Your Asian Manufacturer Always Be Producing Your Product?

November 6, 2017

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 grow, manufacturers as we know them today will be changing their emphasis to accommodate this change.   In the past, the majority of Asian manufacturers produced products with American hardwoods and shipped those items back to US consumers.   This caused many US manufacturing companies to close their doors and liquidate their equipment. The end result was US manufacturing companies now have to rely on their Asian suppliers to manufacture their items. ...

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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 ...

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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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