News archive

Tag: U.S

Sumitomo Forestry acquires a U.S. Land Development Company

10-10-2018
Sumitomo Forestry, acquisition, U.S. land development company, Mark III, Northwestern South Carolina

Sumitomo Forestry Co., Ltd. announced that it has acquired a 60 per cent equity interest in the United States Mark III Properties, LLC (hereinafter: Mark III) through its wholly-owned subsidiary, Sumitomo Forestry America, Inc.. A celebrative reception for the new partnership was held on August 14, local time. The Sumitomo Forestry Group cited …

The first of 10 million trees to be planted at GCAS Summit

10-09-2018
American Forests, U.S. Climate Alliance, Natural and Working Lands Challenge, Global Climate Action Summit, planting trees

American Forests, the nation’s first and oldest national conservation organisation, will celebrate its commitment to the United States (U.S.) Climate Alliance’s new Natural and Working Lands Challenge by planting trees at the Global Climate Action Summit in San Francisco on September 11th, 2018. “For residents of the 17 Climate …

U.S. Lumber to acquire Alexandria Moulding

30-08-2018
U.S. Lumber, Alexandria Moulding, to acquire

U.S. Lumber Group, LLC and Alexandria Moulding recently that they have signed an agreement under which U.S. Lumber will acquire Alexandria Moulding. U.S. Lumber, based in Atlanta, United States (U.S.), is a leading two‐step distributor of specialty building products in the Eastern and Midwestern U.S. Alexandria Moulding, headquartered in …

China wood products trade in 2017

17-08-2018
2017 figures, China wood products, U.S, trade war, tariffs

Figures from China Customs shows that total value of China’s wood products trade (imports and exports) in 2017 climbed 10 per cent to US$156.4 billion. The growth in wood products imports grew 21 per cent to US$ 52.6 billion, significantly higher than the growth in exports (1.3 per cent), reported Wood Week. The US is the main importer of …

Editor’s pickVietnam: A vital and growing market for U.S. hardwood lumber

25-07-2018
Vietnam, U.S., America, Wood, Wood Industry, Judd Johnson, Market, Industry, Hardwood Lumber, Lumber

 Figure 1: Vietnam accounts for 10 per ent of all U.S. hardwood lumber last year By Judd Johnson, Hardwood Market Report The volume of hardwood lumber exported from the U.S. to Vietnam pales in comparison with the volume exported to China. Then again, so does the volume exported to every other market in the world. China accounted for 54 per …

Editor’s pickMore Chinese wood products added to Trump's future massive tariff list

24-07-2018
U.S.-China trade war, lumber, U.S. market, furniture, oak, beech, maple, ash, cherry, particleboard, various types of plywood, doors

As the trade war between U.S. and China heats up, U.S. President Donald Trump has listed more than $200 billion worth of Chinese exports to the U.S. that may be subjected to new tariffs come end of August. The list is massive and includes industrial goods and chemicals, consumer products, and wood products. If the list comes into effect, just …

Editor’s pickVietnam timber industry closely monitoring as U.S.-China trade war escalates

19-07-2018
U.S.-China trade war, Vietnam, impact, timber industry

As timber is not on the list of goods between the U.S. and China that are being taxed, Vietnamese businesses in this sector are not yet worried. But as trade tension escalates, more goods may continue to be taxed and Vietnam's timber industry is keeping a close watch. The trade war between the U.S. and China officially started on 6th July …