News archive

Tag: U.S

Hardwood leaders in the U.S. tell their stories to Congress

27-06-2019
U.S. hardwood, congress, trade war

Last week, 22 hardwood leaders travelled to Washington D.C. to meet with a number of U.S. Senators and staff to share the devastating impacts the current U.S./China trade war is having on their businesses, employees and communities. The group also met with senior staff from U.S.D.A. and the Vice President's office. The stories shared were …

Hardwood Federation: various species of hardwoods likely impacted by latest retaliatory tariff increase by China

14-05-2019
U.S. China tariff war, latest development

China's Ministry of Finance announced this morning that it would increase tariffs on 5,140 U.S. goods starting on June 1 in retaliation to U.S. increases on Chinese products last week.  Many if not all the impacted products were identified for 25 per cent tariffs in late December, but were frozen at five to 10 per cent in light of positive …

Editor’s pickWeinig expands in the U.S.

23-11-2018
Weinig, Holz-Her, expansion, U.S., Anaheim, California, Expocenter

Weinig and Holz-Her are strengthening their market presence in North America. The subsidiary of the German Weinig Group, which has been operating from Mooresville in the east of the USA since 1976, is opening an additional location on the West Coast. From December this year, the wide portfolio of the leading technology provider for solid wood …

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 …