How Demand for Products in China that are Manufactured with American Red Oak May Affect Your Business

March 1, 2018

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 production increases in 2017 and that gap will likely widen this year, even though quite a few producers are adding drying and processing capacity. The limiting factor in 2018 will not be mill capacity, but rather, the economic availability of Red Oak logs will determine how much lumber is produced relative to how much of the resource is exported in log form.  There is no shortage of Red Oak timber in the woods.  There is an extreme shortage of loggers to harvest this timber. However, if 2017 repeats, competitive pricing pressure will m...

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Congratulations on Promotion

February 2, 2018

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 the promotion of Amanda Huang to Chief Operating Officer....

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How will tariffs imposed on imported Chinese hardwood plywood affect US manufacturers?

January 15, 2018

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 have been receiving calls from member companies askin...

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Excess Capacity

December 5, 2017

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 companies running as lean as poss...

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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 kno...

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