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CMPC comments on Chile earthquake; donations for relief organized

 

The following letter was received from Andres Sosa of CMPC's Georgia Office:

 

Dear friends,

 

Last Saturday, February 27, 2010 some of us woke up at 4:00 or 5:00 am with an emergency call from our families in Chile. An earthquake had hit our country. A few minutes later phone lines were down and we lost all communication. Through Chilean TV, we were able to stay informed, to then realize that a Tsunami had hit the coast of Chile and that many towns were devastated. The images, the devastation and losses of this tragedy looked unreal. The helpless feeling was becoming unmanageable.

 

When one lives abroad, your friends become your family, support and network. We started receiving calls, emails and messages of compassion, prayers and contribution offers. After a couple of days, a group of friends got together to start a campaign to raise funds to help the victims of this catastrophe. To formalize this effort, we contacted and received the support of the Chilean Government through the Chilean Consulate in Atlanta, ProChile and the Chilean Chamber of Commerce of the South.  Our company CMPC is one the founders of this chamber and an active member.

 

Since we are not a Charitable Organization, we worked on finding options to properly collect and distribute contributions. In order to provide options that best fit yours or your organization’s contribution effort; we have selected the following charity organizations:

 

Please note that 100% of your contribution will be sent directly to Chile in support of the victims of the earthquake and tsunami.

 

Un Techo para Chile is Chilean foundation dedicated to building temporary emergency homes for the poor and victims of catastrophes. This contribution will be collected by the Chamber of Commerce and it is not tax deductible. Please make sure you fill out and follow the instructions of the attached form and that you properly write the name of the foundation in the subject line (bottom left corner) of your check. The Chamber of Commerce will be forced to return your contribution if your donation does not specify the foundation.


We also have a Tax Deductible option via UMCOR a not-for-profit organization that is responding to the needs of people affected by the 8.8 magnitude earthquake that struck Chile

 

The official Campaign letter, instructions and contribution forms are detailed in a PDF file you may request from the Moulding Association office by sending an e-mail titled CHILE to info@wmmpa.com.

 

In America we are passing through very rough economic times. Therefore, we understand that our request comes at a very difficult time. Thank you for your support, prayers and compassion.

 

Please feel free to contact me if you have any questions

 

Regards,

 

Andres Sosa 

1050 Crown Pointe Pkwy

Suite 1590

Atlanta, Georgia 30338

 

Tel: 770-551-26 43 

Fax: 866-760-6114 

 


3/4/2010 4:04:02 PM

Arauco announces cessation of operations in Chile

The following letter is from Francisco Figueroa and Arauco's US office:

Dear Friends and Partners of Arauco,

First, the entire Arauco team appreciates your messages of condolences, thoughts and prayers. As you are aware, a megathrust earthquake measuring 8.8 occurred just offshore of Concepcion on Saturday morning. Over 700 fatalies have been confirmed in Chile and we expect more to be reported. Unfortunately, we are sorry to report that we have three casualties within Arauco (two workers from sawmills and one worker from a pulp mill that was at his home). The rest of our colleagues and their families are relatively OK as we all continue to cope with this tragedy. Please realize that communications within our company and throughout Chile is still extremely limited.

All of our manufacturing facilities in Chile are shut down as of now. Preliminary reports show significant visual damage to many of our facilities. The immediate priority is the safety of our personnel. Our next priority will be to assess the damage to our facilities and determine the safety of the country's infrastructure (ie roads, rail, and port operations, etc) from our facilities prior to conducting future business.

Our team will continue to update your organization on a regular basis as more information becomes available.

Again, thank you for your support during this difficult time for our country and our company. Please do not hesitate to contact your sales manager for more information or you can contact me at 770-350-1610.

Regards,

Francisco Figueroa


3/3/2010 5:49:24 PM

US Rep. Frank reschedules housing finance hearing

Reuters

WASHINGTON, Feb 25 - U.S. Rep. Barney Frank said on Thursday he would postpone a hearing on the future structure of U.S. housing finance and mortgage funding giants Fannie Mae and Freddie Mac until March 23. Frank told a U.S. House Financial Services Committee that he rescheduled the hearing from March 2 to allow for a field hearing on commercial fishing issues in Massachusetts, and to allow the Obama administration more time to prepare for the hearing.

http://www.reuters.com/article/idUSWBT01366420100225

2/26/2010 1:07:46 PM

Republicans claim Obama's housing help program has failed

ABC News

One year after its inception, the Obama administration's $75 billion housing help program has failed, Republican lawmakers said Thursday in a new report obtained by ABC News. The report, released by two GOP lawmakers on the House Committee on Oversight and Government Reform, asserts that the Home Affordable Modification Program (HAMP) is harming the country's economic recovery. The administration's program provides incentives for mortgage companies to modify the loans of qualifying borrowers. When the administration unveiled the program last March, officials said the plan would help 3 to 4 million homeowners avoid foreclosure. As of the end of January, the Treasury Department said 116,000 borrowers had received permanent loan modifications.

http://abcnews.go.com/Business/Politics/republicans-obama-mortgage-modification-program-failed/story?id=9937260


2/25/2010 1:16:03 PM

Freddie Mac loses $7.8 billion; says housing "fragile"

Freddie Mac loses $7.8 bln; says housing "fragile"

Reuters

NEW YORK - Freddie Mac, the second-largest provider of U.S. residential mortgage funds, on Wednesday said it lost $7.8 billion in the fourth quarter and warned it would need continued government support as housing remains fragile. The government-chartered company said its loss came as rising defaults kept credit-related expenses elevated at $7.1 billion, and as it wrote down the value of low-income tax credit partnership investments. The loss was $6.5 billion before including a $1.3 billion dividend payment on senior preferred stock owned by the U.S. Treasury. Freddie Mac has been struggling to contain losses sustained from its massive exposure to the U.S. housing market that is in the throes of its worst downturn since the 1930s.

http://www.reuters.com/article/idUSN2417959620100224


2/24/2010 4:09:02 PM

The boy who cried housing recovery!

CNN Money

NEW YORK -- Lowe's reported a better-than-expected profit for the fourth quarter on Monday, and the nation's second-largest home-improvement retailer indicated that 2010 would be a better year for the housing market. It's tempting to dismiss more good news about the housing market as simply another head fake -- "The boy who cried housing recovery!" But it might be finally time to say the market is slowly but surely getting better. Just don't get too excited about the news. Lowe's said it now expects sales to be up 4% to 6% this year. Wall Street had been expecting a 3% jump.

http://money.cnn.com/2010/02/22/markets/thebuzz/


2/23/2010 5:40:47 PM

US economy still needs ultra-low rates

Reuters

SAN DIEGO - The U.S. economy still needs extraordinarily low interest rates, as inflation is "undesirably low" and growth will likely be sluggish for several years, a top Federal Reserve offical said Monday. San Francisco Federal Reserve Bank President Janet Yellen told the University of San Diego's business school that the U.S. economy will likely grow at a pace of about 3.5 percent this year and 4.5 percent next year. Unemployment, currently at an "unacceptably high" rate of 9.7 percent, will likely only decline to 9.25 percent this year and 8 percent by the end of next year, she said.

http://www.reuters.com/article/idUSN2219329420100222


2/22/2010 1:50:02 PM

US mortgage rates drop 2nd straight week

Reuters

NEW YORK - U.S. mortgage rates dropped for a second consecutive week, remaining below 5.0 percent, a key level that may boost home loan demand, a closely watched mortgage survey showed on Thursday. The lowest mortgage rates in decades and high affordability helped the hard-hit housing market find some footing last year after a three-year slump. Attractive rates bode well for the housing market, which remains highly vulnerable to setbacks and heavily reliant on government intervention. Interest rates on U.S. 30-year fixed-rate mortgages, the most widely used loan, averaged 4.93 percent for the week ended Feb. 18, down from the previous week's 4.97 percent, according to a survey released by Freddie Mac, the second-largest U.S. mortgage finance company.

http://www.reuters.com/article/idUSN1835835620100218


2/19/2010 11:55:26 AM

High lumber prices threaten housing market

Wall Street Journal

The long-ailing U.S. housing market is facing a new headwind—a jump in the cost of lumber. Lumber prices have climbed 32% on the futures market this year, a sudden and unexpected surge that could raise construction costs or force builders to swallow an added expense. "That's the last thing we need right now," Stephen Melman, director of economic services at the National Association of Home Builders, said of the recent price hike. Lumber's price rise contrasts with a decline in most other commodities, such as fossil fuels and industrial metals. Those are dragging due to fears of weaker demand amid a fragile recovery from the financial crisis. But lumber prices shot up because of a shortage of supply.

http://online.wsj.com/article/SB10001424052748703562404575067750815490316.html?mod=WSJ_latestheadlines


2/17/2010 5:13:08 PM

Mortgage demand at six-week highs on refinance wave

Reuters

Demand for home loans rose to a six-week high on a mini refinance wave, with borrowers pushing to lock in rates before they climb later this year, the Mortgage Bankers Association said on Wednesday, Applications to buy homes and refinance loans jumped last week to mid-December levels as average 30-year mortgage rates held near 5 percent.

http://www.theusdaily.com/articles/viewarticle.jsp?id=975183&type=Business


2/4/2010 12:03:09 PM

Is California green tech salvation or a pipe dream?

By Dan Walters

Sacramento Bee

As California imposes tough new emission rules – particularly on business – to reduce its carbon footprint, Gov. Arnold Schwarzenegger insists that "cleaning the environment, fighting global warming … it's also great for the economy" by fostering green technology. A few days earlier, his Employment Development Department had announced that the state's unemployment rate in December was 12.4 percent, with employers having eliminated 38,800 jobs in just one month. Notwithstanding chronic budget deficits, the governor proposes a sales tax exemption for green technology manufacturing equipment, warning last week that as green investment expands, "it's going to be competitive, (and) California has to be competitive."

http://www.sacbee.com/walters/story/2503406.html

2/1/2010 2:40:21 PM

California housing is healing. Can banks breathe easier?

Wall Street Journal

Forget that better-than-expected GDP number this morning, the best news for banks this week may have come out of California. There were fewer homes foreclosed last year than in 2008, according to a report Thursday from housing research firm, DataQuick. California was at the heart of the loan losses that crippled Countrywide Financial and were inherited by Bank of America, which bought the mortgage lender in 2007. Lawler says the decline highlights how modification programs and a sharp jump in short sales have worked to whittle down the foreclosure supply.

http://blogs.wsj.com/deals/2010/01/29/california-housing-is-healing-can-banks-breathe-easier/


1/29/2010 7:12:16 PM

The housing market isn't as bad as new numbers indicate

Wall Street Journal

The housing market isn't yet in the clear, but it's also not as weak as Monday's home-sales report might suggest. The National Association of Realtors is expected to announce an 11.6% drop in December existing-home sales to a seasonally adjusted annual rate of 5.78 million, according to economists polled by Dow Jones. But there are scattered signs of improvement. Home-price declines have slowed; the S&P/Case-Shiller index out Tuesday is expected to show prices in 20 major cities down about 5.4% in November from a year ago, compared with a trough of nearly 20%. Residential construction added to gross domestic product in the third quarter for the first time since 2005, and is expected to provide additional support to GDP this year and next.

http://online.wsj.com/article/SB10001424052748703415804575023151304859446.html?mod=googlenews_wsj


1/26/2010 11:39:40 AM

Ten cities to go from renting to buying

Forbes

The U.S. government has pushed hard to make homeowners out of one-third of Americans who still rent their homes. It introduced and later extended a tax credit for first-time home buyers, and has kept federal interest rates at their lowest levels since the 1940s. Market conditions are such that now is a particularly good time for some renters to take the hint. In Portland, San Francisco, Minneapolis and Washington, D.C., the premium to buy--the spread between what you'd spend on renting and what you'd pay each month for a mortgage--is far narrower now than its 15-year average. And economists predict a significant home-price hike in five years. So upgrading will cost much less than usual, and home buyers are likely to get a good return on their investment.

http://www.forbes.com/2010/01/21/buying-versus-renting-lifestyle-real-estate-homes.html?boxes=Homepagelighttop


1/22/2010 12:51:55 PM

Radar logic says housing market is poised for recovery

Housing Wire

Residential real estate showed some signs of life in November, according to Radar Logic’s monthly Residential Property Index (RPX). November home sales volume increased year-over-year in all of the 25 metropolitan markets the RPX report covers. Sales volume increased 46.7% year-over-year and 1.5% month-over-month. Sales volume nearly doubled in Seattle and Philadelphia year-over-year. Las Vegas experienced an 88.4% increase. Sacramento experienced the lowest increase in sales volume at 7%, followed by San Diego (12.1%) and Los Angeles (18.2%) in the bottom three markets.

http://www.housingwire.com/2010/01/21/radar-logic-says-housing-market-is-poised-for-recovery/


1/21/2010 12:56:23 PM

Housing starts fall, but permits soar

CNN Money

NEW YORK -- Home construction fell in December, government data showed Wednesday, while the number of building permits issued in the month rose. Construction of new homes fell to an annual rate of 557,000 during the month, down 4% from the revised November rate of 580,000, the Commerce Department said. Economists surveyed by Briefing.com expected December housing starts to decline to an annual rate of 572,000. But starts were up 0.2% versus the 556,000 rate in December 2008. It was the first year-over-year increase since March 2006, when starts rose 5.6%. The decline in new home construction was led by a 6.9% drop in single-family activity, which offset gains in the multi-family sector.

http://money.cnn.com/2010/01/20/real_estate/housing_starts_building_permits/?postversion=2010012012

1/20/2010 5:50:39 PM

Weinig announces non-attendance at IWF 2010 Atlanta in August

January 15, 2010 — The Management Team of Michael Weinig Inc. announced today that the company will not exhibit at the IWF 2010 Show in Atlanta in August.

 

“WEINIG has enjoyed a strong and mutually beneficial relationship with IWF for many years and we continue to wish the exhibitors a successful event.  But we see every day the impact that the economy has on our market.  Our woodworking industry customers need and deserve all the support we can provide during the recovery from this unprecedented economic recession,” explained Peter Lohmeyer, Vice President of Sales for Michael Weinig Inc.   “By redirecting the resources typically allocated to a show event of this magnitude, we will offer beneficial and timely support in helping our customers find solutions to their production challenges.  We want to ensure our customers’ long-term survival by assisting them in finding ways to thrive, even in today’s economy.”

 

WEINIG is one of the ten hosting companies for the NexGen Event which will conduct concurrent open houses throughout North Carolina during the week of February 8-12, 2010.

 

WEINIG will also host its annual Technology EXPO / Open House in Mooresville in Spring 2010.


1/15/2010 11:42:24 AM

California posts nation's largest foreclosure total in 2009

Los Angeles Business

A total of 3,957,643 foreclosure filings -- default notices, scheduled foreclosure auctions and bank repossessions -- were reported on 2,824,674 U.S. properties in 2009, according to a report from Irvine's RealtyTrac Inc. That represents a 21 percent increase in total properties from 2008 and a 120 percent increase in total properties from 2007, RealtyTrac reported. One in 45, or 2.21 percent of all U.S. housing units, received at least one foreclosure filing during the year, up from 1.84 percent in 2008, 1.03 percent in 2007 and 0.58 percent in 2006. Four states accounted for more than 50 percent of the nation’s 2009 total, with more than 1.4 million properties receiving a foreclosure filing in California, Florida, Arizona and Illinois combined.

http://www.bizjournals.com/losangeles/stories/2010/01/11/daily24.html

1/14/2010 1:22:09 PM

A happier New Year for housing, but...

Nation's Building News

This year promises to be a happier one for both the economy and housing. More pain from a battered and bruised U.S. economy may lie ahead but the general trajectory has turned from down to up. The worst is over, but the economy and housing in particular will remain subpar and unable to perform at normal, healthy levels. Looking into our crystal ball for 2010, we see a long haul back to full health following a long, brutal recession. The national economy will continue to gain strength throughout the year, but at a slower pace than is characteristic for the early stages of recovery.

http://www.hgtvpro.com/hpro/nws_econ_fin_econ_ind/article/0,2624,HPRO_26527_6024084,00.html


1/13/2010 1:11:04 PM

Environmental groups try to block parts of California's green building code

Los Angeles Times

Environmental groups are mounting a last-ditch effort to derail key elements of the state's first-in-the-nation green building code -- a major initiative of Gov. Arnold Schwarzenegger's administration. The proposed code, likely to be adopted Tuesday, would slash water use, mandate the recycling of construction waste, cut back on polluting materials and step up enforcement of energy efficiency in new homes, schools, hospitals and commercial buildings statewide. But critics say the rules fall short of rigorous standards adopted by Los Angeles, San Francisco and more than 50 California jurisdictions in league with the U.S. Green Building Council, a national nonprofit group of architects, engineers and construction companies.

http://www.latimes.com/business/la-fi-green-building11-2010jan11,0,1841989.story

1/12/2010 12:21:10 PM

This year's housing crisis

New York Times

The financial crisis and Great Recession have their roots in the housing bust. When it comes, a lasting recovery will be evident in a housing rebound. Unfortunately, housing appears to be weakening anew. Figures released last week show that after four months of gains, home prices flattened in October. At that time, low mortgage rates (courtesy of the Federal Reserve) and a home buyer’s tax credit (courtesy of Congress) were fueling sales. That should have propped up prices. But it was not enough to overcome the drag created by a glut of 3.2 million new and existing unsold single-family homes — about a seven-month supply.

http://www.nytimes.com/2010/01/05/opinion/05tue1.html


1/5/2010 12:34:31 PM

Americans increasingly stuck in place
Chicago Tribune

Single and unemployed, Adam Holguin knows he could find better job opportunities outside of California, where the unemployment rate is 12.3 percent. But with little savings, and college loans and credit card bills to pay off, the 31-year-old says relocating out of state is something he can't afford. "I don't have the finances at this time to move," he said. One of the American worker's hallmarks has long been mobility -- the speed with which people like Holguin have pulled up stakes and moved for the sake of better opportunities. That mobility has been an important source of the nation's economic vitality, assuring a ready supply of workers where needed. But the recession of the last two years has produced a profound change, creating conditions that tethered many more people where they are and making mobility difficult or even impossible.


12/28/2009 5:05:48 PM

U.S. Moulding Market — Looking for better results in 2010

 

Vancouver, BC — International WOOD MARKETS Group announces the release of its latest strategic report, U.S. Moulding Market Outlook 2010 – 2014. This report has been based on WOOD MARKETS’ 20 years of involvement in the clear pine lumber and moulding sectors and highlights many of the dramatic market shifts that have occurred in both Shop & Better clear lumber and mouldings – finger-joint, MDF, solid lineal, plastic – since its 2008 Clearwood (Pine) Lumber & Moulding Report.

 

Total moulding consumption in 2009 is projected to drop by roughly 20% from 2008 due to the continued collapse in housing starts and residential remodeling. When 2007 and 2008 consumption declines are added to 2009, the total consumption decrease is about 50% less than the peak volume achieved in 2006. “Despite the dramatic number of domestic and offshore plant closures and curtailments in recent years, moulding producers simply could not reduce their capacity fast enough to prevent prices from falling to below break-even for extended periods in 2008/2009,” explained Vice President, Peter Butzelaar, the principal report author. “With U.S. producers having absorbed significant consolidation prior to 2007, most of the recent capacity reductions have fallen on the shoulders of offshore producers.” Since peaking in 2006 at 1.3 billion lineal meters, imports of softwood mouldings are projected to contract to 570 million lineal meters in 2009, a net reduction of 62%. “Due to 2009 currency exchange rates appreciating as much as 40% against the U.S. dollar combined with  weaker U.S. prices, and, rising manufacturing and ocean freight costs, offshore producers have had to back away from the U.S. to purse opportunities in Asia, Europe, and Latin America,” observed Mr. Butzelaar.

 

Looking out to 2010 to 2014, the fifth edition of the U.S. Moulding Market Outlook Report calls for housing starts and repair and remodeling usage to show slow but steady growth. For 2010, the recovery should translate into a modest 5% increase in total moulding demand but a 10% increase in the average annul price of finger-joint mouldings. Given that the majority of imported softwood mouldings are finger-joint, and since finger-joint moulding consumption is linked closely to usage by new home builders, the WOOD MARKETS forecast anticipates that offshore producers will enjoy rebounding volumes and price gains as the recovery in the housing market takes hold.

“However, due to the reluctance of companies to risk cash flow on replenishing depleted inventories, we are predicting periodic supply chain shortages and unusually erratic price spikes in 2010,” commented Butzelaar. “Moving out to 2011 and beyond, our forecast assumes that moulding demand and prices will move even higher as the U.S economy and housing market starts to accelerate into full gear.”

 

From a strategic perspective, market-share battles are predicted to be intense, with domestic producers benefiting from their timely delivery capability and offshore producers competing on their advantage in scale/integration back to the forest. Market share battles between consumer-friendly MDF and builder-loyalty towards finger-joint will also create interesting dynamics and strategic implications for channel players. As well, an emerging trend towards factory pre-finishing versus factory primed is only just beginning to play out. In such dynamic times, those with an accurate vision of what to expect from their competition and from the consumer will have the greatest potential to capitalize on the emerging opportunities. The information in our U.S. Moulding Market Outlook Report is produced in an Executive Summary Format and is intended to provide subscribers with an independent, third party perspective on what to watch for and what to expect in moulding supply, demand and prices over the next five years as the market moves back into a growth phase. A full brochure and table of contents can be found at http://www.woodmarkets.com/p_clearwoodreport.html

 

 

About WOOD MARKETS

International WOOD MARKETS Group Inc. (www.woodmarkets.com) provides leading market information and consulting services to the global wood products industry, specializing in wood products research, analysis, and business and corporate strategies. Its consultants provide research, analysis, forecasts, due diligence, operational assessments, strategic direction and guidance to the world’s top moulding and millwork companies. They travel to major producing and consuming countries to provide comprehensive, real-world perspectives based on current trends, issues and developments.

 

For more information, please contact:

 

Peter Butzelaar peterb@woodmarkets.com

Russell Taylor retaylor@woodmarkets.com

International WOOD MARKETS Group Inc., Vancouver, BC, Canada  (+1) 604 801-5996

www.woodmarkets.com

 

 


 


12/17/2009 1:51:19 PM

Housing starts in U.S. climb 8.9% to 574,000 pace
Bloomberg

Dec. 16 -- Builders in November broke ground on more U.S. homes, a sign the recovery in homebuilding may carry through into 2010. Housing starts rose 8.9 percent to an annual rate of 574,000, the Commerce Department said today in Washington. Building permits, a sign of future construction, climbed to the highest level in a year. Government tax credits, lower home prices and borrowing costs near record lows may boost sales and construction in coming months. Federal Reserve policy makers today are forecast to reiterate a pledge to keep rates low for “an extended period” to sustain the recovery and lower a jobless rate that economists project will average 10 percent in 2010.


12/16/2009 4:30:01 PM

'Substantial' bank losses are needed to fix housing
Bloomberg

Banks will need to take “substantial” writedowns on home-equity loans to enable loan modifications that will allow the U.S. housing market to recover, according to Amherst Securities Group LP. The government’s mortgage-modification program will fail to avert many of the 9 million to 10 million looming foreclosures because it doesn’t reduce principal for borrowers, about a quarter of whom owe more than the current values of their houses, Laurie Goodman, a New York-based mortgage-bond analyst at Amherst, said today in a Bloomberg Radio interview.


12/15/2009 1:41:13 PM

Downturn is not the 'new normal'
Inman News

Job losses, tight lending standards and miserly consumer spending aren't the "new normal" and the U.S. isn't headed for a "lost decade," economists with the UCLA Anderson Forecast said in a report released today. But the economy will grow slowly next year and unemployment will remain high, despite promising signs that housing is "finally on the road to recovery," the report said. Foreclosures continue to rise, and the report estimates that 23 percent of homes with a mortgage are underwater -- meaning their owners owe more than their homes are worth. But low mortgage rates and pent-up demand are expected to boost housing starts by 48 percent next year, to 850,000 units.


12/10/2009 12:04:36 PM

Help needed for underwater mortgages
Financial News USA

Brent White denies advocating walking away from a mortgage that is bigger than the value of a home. Nonetheless, he lays out a case of how it can be done, and his suggestions have gone viral, popping up online, in newspapers and on television. The topic is central to what's crippling the housing market: About one in four homeowners, or 10.7 million Americans, are considered underwater, meaning their mortgage exceeds their home value, according to real-estate information company First American CoreLogic.


12/7/2009 2:45:17 PM

California Air Board's cover-up casts pall on diesel rules
Dan Walters: Sacramento Bee

A year ago, high officials of the California Air Resources Board learned that the author of a statistical study on diesel soot effects had falsified his academic credentials. The CARB researcher, Hien Tran, acknowledged the deception and agreed to be demoted, but after his data were given another peer review, they remained the basis of highly controversial regulations that will cost owners of trucks, buses and other diesel-powered machinery millions of dollars to upgrade their engines. The Tran study concluded that diesel "particulate matter" was responsible for about 1,000 additional deaths each year.


12/2/2009 6:38:03 PM

Construction spending in U.S. unchanged after falling in September
Bloomberg

Dec. 1 -- Construction spending in the U.S. was unchanged in October after declining five straight months as rising office and retail vacancies deterred the building of commercial projects. Spending in September, previously reported as an increase, fell 1.6 percent, according to Commerce Department data released today in Washington. Construction spending declined on office buildings and commercial projects, while homebuilding increased. Construction will be hard-pressed to contribute to the economic recovery with commercial property vacancy rates rising and builders limiting starts of new homes to help deplete inventories.


12/1/2009 1:08:29 PM

One in four borrowers is underwater
Wall Street Journal

The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery. Nearly 10.7 million households had negative equity in their homes in the third quarter, according to First American CoreLogic, a real-estate information company based in Santa Ana, Calif. These so-called underwater mortgages pose a roadblock to a housing recovery because the properties are more likely to fall into bank foreclosure and get dumped into an already saturated market. Economists from J.P. Morgan Chase & Co. said Monday they didn't expect U.S. home prices to hit bottom until early 2011, citing the prospect of oversupply.


11/24/2009 1:23:41 PM

U.S. existing home sales rise 10%, more than forecast
Bloomberg

Nov. 23 -- Sales of existing U.S. homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured first-time buyers. Purchases rose 10.1 percent to a 6.1 million annual rate from a 5.54 million pace in September, the National Association of Realtors said today in Washington. The median sales price decreased 7.1 percent from October 2008, the smallest decline in more than a year. Cheaper homes and stimulus such as the $8,000 incentive, extended and expanded by the Obama administration this month, have revived an ailing housing market that contributed to the worst economic slump since the Great Depression.


11/23/2009 3:39:17 PM

Builders optimistic tax credit expansion will stimulate sales
Housing Wire

While the threat of the first-time homebuyer tax credit’s expiration kept the housing market down in October, the tax credit’s extension and expansion should help the market further improve, according to John Burns Real Estate Consulting’s November survey of homebuilders. Average net sales per community held at 1.6 nationally, down from 2.0 in September. Net sales experienced gains in Texas, Northern Florida and Southern California. Northern California and the Northwest also experienced gains, but they were offset by declines in the Southern Florida, Southeast and Northeast regions, the research firm said.


11/18/2009 12:52:05 PM

Ten questions on the volatile housing market
Wall Street Journal

The U.S. housing market has been in a slump for the past four years. When will it ever end? In recent years, real estate has proven as jittery and unreliable as any other market. The average U.S. home price nearly doubled between January 2000 and April 2006, according to the First American LoanPerformance index. Since then, the average has fallen about 30%. The drop has been 53% in the Las Vegas metropolitan area and 39% in Miami, where about a quarter of all households with mortgages are behind on their payments or in foreclosure. The value of your home might be determined more by whether the neighbors keep their jobs than whether the house has ample light and closet space.


11/18/2009 12:50:12 PM

U.S. softwood lumber demand and prices poised to rise slowly in 2010 but gaining momentum in 2011 as demand climbs - price surges to follow!

Softwood lumber outlook calls for gains as the U.S. economy and housing starts to recover slowly and steadily - but still some risks ahead

November 11, 2009Vancouver, BC. 

The worst is almost over for the North American softwood lumber market as improving demand in 2010 is expected to breathe some life back into a beaten up industry. While the coming winter will likely be a tough one, rising housing starts, lean distribution channel inventories and some lingering government stimulus programs should kick-start lumber demand and even prices. After facing declining markets and prices since 2006, the 2010 outlook predicts that there will be enough building blocks in place to allow for some much needed market improvement. But it is in 2011 - and especially in 2012 and 2013 – that a real housing recovery is forecast to take hold, creating higher prices with significant price volatility occurring as sudden demand surges catch the lumber market by surprise.

These and other outlooks, including a detailed forecast of U.S. and Canadian housing starts, North American consumption trends and production output by supplying region, are part of the comprehensive assessments in the Softwood Lumber Chapter from the multi-client report published by International WOOD MARKETS Group. WOOD Markets 2010 – the Five-Year Outlook for North American Solid Wood Products is the first five-year outlook that has required an investigation into a number of new factors impacting the demand for structural lumber and wood products given the state of the U.S. and Canadian housing markets and the impact of the U.S. and global economies and the recession.

The WOOD Markets 2010 forecast for softwood lumber outlines a number of structural changes that are occurring in lumber supply dynamics in North America. “With permanent timber supply cut backs in Eastern Canada and the mountain pine lumber negatively impacting the economics of processing logs to lumber in B.C., Canada’s lumber production has peaked and may never return to the record lumber output of 35.2 billion bf achieved in 2004,” explained Russell Taylor, President of WOOD MARKETS and the key author of WOOD Markets 2010. “In fact, Canada’s market share of U.S. consumption is expected to remain in the 27% range in the forecast vs. a more normal 32-34% over the last 15 years due simply to lower timber harvests and therefore less lumber production. And Canada’s market share is expected to drop even further by 2020!” This will provide some much needed good news for producers in other North American regions, as the U.S. South and the U.S. West are expected to be the major beneficiaries of these changes in Canadian supply dynamics.

 

There are many wild-cards expected to impact lumber prices in each year of the five-year forecast. “A big element impacting the lumber price outlook will be the industry’s schedule or strategy for putting curtailed or even closed sawmill production back online, not to mention the log inventories companies can, or are willing to, build,” commented Russell Taylor. “How it balances or doesn’t balance with lumber demand will show up in how lumber prices move in the next five years. But by 2012 and especially 2013 when demand should outstrip supply at various stages, stud and dimension lumber prices should climb to average an incredible US$200/Mbf or so higher than 2009 levels!” The prospects of higher prices will be welcomed by all players in the North American lumber sector, but cost pressures such as rising log costs may not directly translate into major windfalls – but modest profits, yes!

 

While everyone knows that the lumber market is going to get better, the challenge is in understanding all the economic variables and wildcards that can impact housing starts, repair and remodelling and overall lumber demand over the next five years. “Our analysis indicates that a slower recovery is expected initially, with housing starts in 2010 moving higher to the 700,000 unit range from about 575,000 units in 2009,” said Gerry Van Leeuwen, Vice-President. “However, a looming deficit in new single-family homes will require a significant surge in U.S. housing starts that is expected to exceed 1.5 million units by 2013 – or back to more “normal” or long-term housing start levels.”

 

Some of the other highlights from the Softwood Lumber Chapter of WOOD Markets 2010 include:

  • Rising housing starts in the U.S. are expected to occur in 2010 following the Obama government housing stimulus legislation of 2009 and the development of more normalized housing inventories. These two factors are key in allowing for a rebound in new residential housing starts and increasing lumber demand that is forecast to continue through 2013.
  • Total U.S. lumber consumption is forecast to increase from 32.8 billion bf in 2009 to over 50 billion bf in 2013 — a 50+% increase from 2009.
  • From a peak of 28.6 billion bf of lumber consumed in new U.S. residential housing construction in 2005, lumber demand plummeted to about 6.9 billion bf in 2009. By 2013, and, in using what appears to be a conservative housing forecast, lumber consumption in new housing is expected to rebound to over 19 billion bf in 2013 — a huge gain but still well below the peak of 2005.
  • All regions in the U.S. and Canada are expected to rebound with an average annual increase of about 10% expected from 2009 to 2014 as sawmill operating rates improve from dismal levels averaging just 50% in 2009 to near 90% levels by 2013.
  • Total North American lumber production peaked at 75 billion bf in 2005 and will bottom out dramatically lower at near 43 billion bf in 2009. Steady rises are forecast in output, to well over 60 billion bf in 2013 allowing most remaining mills to resume production at more normal historic levels.

WOOD Markets 2010 – The Solid Wood Products Outlook for North America: 2010-2014, is produced by International WOOD Markets Group Inc. and is based on 20 years of on-going market research and analysis. Note: details on the five-year forecast for structural and non-structural panels will be released on November 26.

 

About International WOOD Markets Group

International WOOD Markets Group (www.woodmarkets.com ) comprises wood products market and business consulting services for industry and government clients. The firm maintains a global data-base and also offers numerous industry or market specific multi-client reports, including its landmark WOOD Markets Monthly International Report.

 

Strategic business assessments of matching timber resources to global commodity and specialty wood product markets coupled with our feasibility analyses of timber processing options are trademark skills of the firm. Our ability to conduct in-the-field investigations coupled with our global network of contacts and comprehensive data-base delivers strategic results for clients looking to review their domestic or global business and marketing plan or in evaluating other potential solid wood product manufacturing investments.

 

For further information, please contact:

International WOOD Markets Group –      (1) 604-801-5996 or e-mail:

Russell Taylor                            retaylor@woodmarkets.com

Gerry Van Leeuwen                    gvl@woodmarkets.com

 

This press release can also be viewed at http://www.woodmarkets.com/pressreleases.html

 


11/13/2009 4:38:57 PM

Al Gore calls for a green building revolution
Los Angeles Times

Saying he "used to be the next president of the United States" and is now a "recovering politician," Nobel laureate and former Vice President Al Gore spoke Wednesday night at Greenbuild, the world's largest sustainable design conference, calling for a green revolution to solve the country's problems. "We have a climate crisis at the same time we have an economic crisis at the same time we have a national security crisis," Gore said to a cheering crowd of thousands at Chase Field in Phoenix. "We need to create millions of good new jobs. Well, I know where we can get at least 2.5 million good new jobs: by building green buildings and retrofitting."


11/13/2009 12:58:57 PM

Cracks in the foundation of the Fed's housing fix
Wall Street Journal

We all know the government can't run anything. Until recently, the same was true when it came to the housing and mortgage markets. Missteps by Fannie Mae, Freddie Mac, Congress and the Federal Reserve helped create the mortgage bubble. But during the last 18 months, a funny thing happened. The government accomplished what it set out to do. Uncle Sam's extraordinary efforts to prop up the financial markets, the mortgage market in particular, pretty much have worked. Housing prices in most places have stabilized. The bad news, as Laurence Fink sees it, is that this perhaps unexpected success will put the country in a lurch next year, when the government's efforts to lift the mortgage market disappear.


11/12/2009 2:39:06 PM

Housing recovery will get a boost from extended home buyer tax credit
Reed Construction Data

New home construction has been approximately steady since the large jump in June spurred by federal pump priming with the $8,000 first time buyer tax credit and a variety of programs to delay foreclosures and reduce monthly mortgage payments for existing homeowners. Resumed recovery is expected around yearend with an extension and expansion of the homebuyer tax credit. Sales prospects in the new home construction market are improving for homebuilders. While permits, starts and sales were generally steady during the summer, the inventory of unsold new homes fell 10%, the number of homes under construction fell 7% and the number of home completed fell 13%.


11/10/2009 4:46:10 PM

House votes continuation of unemployment aid, home buyer program
Los Angeles Times

Reporting from Washington - The House overwhelmingly approved legislation Thursday to provide additional aid to the unemployed, particularly in hard-hit states such as California, and an extension and expansion of a tax credit for home buyers. President Obama will sign the measure this morning, the White House said, after the government releases data expected to show that the unemployment rate increased to 9.9% in October, a 26-year high. The legislation also extends the first-time home buyer tax credit of up to $8,000 until April 30. It also creates a new credit of up to $6,500 for owners who sell their homes and buy another. The credit applies to homes costing up to $800,000.


11/6/2009 1:29:37 PM

Adoption of jobless, housing aid to come from Senate
Reuters

The U.S. Senate was poised on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bill aimed at breathing life into the U.S. economy. After weeks of partisan bickering, the Senate was set to hold a final procedural vote, clearing the way for final passage on Wednesday or Thursday. The House of Representatives is expected to approve it quickly and send it to President Barack Obama to sign into law. The bill also extends an $8,000 tax credit for first-time homebuyers which has helped the housing industry recover from the foreclosure crisis, though some analysts say it has largely gone to people who would have bought houses anyway. People who have owned a home for at least five years would also be eligible for a $6,500 credit if they move.


11/4/2009 5:37:22 PM

Bernanke Plan May Help to Extend Aid
Bloomberg

Nov. 3 -- Federal Reserve Chairman Ben S. Bernanke is gambling that come March, he can stop the purchases of mortgage-backed securities that have propped up the U.S. housing market. Congress may have other ideas. The central bank says it must eventually withdraw its unprecedented economic stimulus to avoid a surge of inflation as a recovery takes hold. Plans to buy $1.25 trillion of housing debt are the centerpiece of its program to pull the nation out of the worst recession since the 1930s. Bernanke, who convenes a meeting of the Federal Open Market Committee today, is counting on private investors to fill the void left by the Fed when its purchases end.


11/3/2009 4:13:47 PM

3rd quarter growth signals end of recession
Associated Press

The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended. Going forward, many analysts expect the pace of the budding recovery to be plodding due to rising unemployment and continuing difficulties by both consumers and businesses to secure loans.


10/29/2009 1:20:35 PM

Home prices rising, consumer confidence falling
USA Today

Home prices in major cities rose for a third consecutive month, but declining consumer confidence and a soon-to-expire tax credit for first-time home buyers could reverse the improving trend, economists said Tuesday.


10/28/2009 12:24:23 PM

U.S. Housing to Bottom in March 2010 After 37% Drop
Bloomberg

Oct. 22 -- The U.S. housing market will hit bottom by March 2010 as lower-priced properties recover more quickly than expensive homes, First American CoreLogic said. Home prices will continue falling through the remainder of 2009 before starting to rise early next year, First American said today in a report. The cumulative drop will be 37 percent from the market peak. Excluding sales of distressed property, the decline will be 24 percent, according to the Santa Ana, California-based seller of mortgage data. Click here for full story:


10/23/2009 2:09:49 PM

Fed survey: Housing, manufacturing drive recovery
Associated Press

WASHINGTON — Improvements in housing and manufacturing are driving the early stages of the economic recovery, according to a Federal Reserve survey released Wednesday. The Fed's latest snapshot of business conditions nationwide found "many sectors" of the economy either stabilized or logged modest improvements over the last six weeks. The pickups, though, often were from "depressed" levels of activity. Still, the new report adds to evidence that a recovery has started from the worst recession since the 1930s. An $8,000 credit for first-time homebuyers boosted the housing sector. There's been concern among private economists and some lawmakers that recent gains in housing will fizzle out when the credit ends.


10/22/2009 2:13:08 PM

Housing starts show industry's woes
Associated Press WASHINGTON — Housing construction is crawling out of its very deep hole, but no one expects it to reach the heights hit before the housing bubble burst — at least not for a very long time. The Commerce Department released its monthly report on housing starts Tuesday, saying they increased in September by a modest 0.5 percent to an annual rate of 590,000 new homes and apartments. Applications for new building permits, however, fell by 1.2 percent to an annual rate of 573,000 units. Here are some questions and answers about the housing starts report and what it says about the state of housing and the overall economy. http://www.google.com/hostednews/ap/article/ALeqM5iIcDTf21HnpdZS0GjpIukNpVVQ2wD9BF27AO0
10/21/2009 4:38:36 PM

Homebuyer tax credit may be extended, expanded
Friday, October 16, 2009 By Jim Abrams THE ASSOCIATED PRESS WASHINGTON — Lawmakers are trying to extend and expand an $8,000 federal tax credit for first-time homebuyers, a stimulus-package tax break that many regard as a significant prop for the still-tottering economy. While the White House says there will not be a second stimulus package following the $787 billion economy booster enacted last February, extending the homebuyers’ credit and unemployment benefits are among several primary means being pushed by the administration or Congress to help people get through the prolonged economic downturn. http://www.telegram.com/article/20091016/NEWS/910160327/1002
10/16/2009 3:53:24 PM

U.S. Economy on Mend, Housing Poised for Rebound, LaVorgna Says
Oct. 6,2009 By Vincent Del Giudice and Thomas R. Keene Oct. 6 (Bloomberg) -- The U.S. economy is on the mend and housing is poised for a rebound, said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York. “The momentum in the economy is moving forward,” LaVorgna said today in an interview on Bloomberg Radio. Housing is close to a turnaround because “we have had a tremendous improvement on inventories,” he said. “We are much closer to a housing bottom than many believe.” http://www.bloomberg.com/apps/news?pid=20601068&sid=an1vxMc2SMEU
10/6/2009 1:43:57 PM

Spring 2009 Window & Door Industry Update
Chicago, IL — Jordan, Knauff & Company has made available a free download, including slides and audio, of its recently recorded Spring 2009 Window & Door Industry Update webinar. The topics covered in the presentation included an overview of the window and door industry, including an analysis of transactions and expansions and the slowing rate of plant closings and bankruptcies. Also included was a discussion of current industry trends, the state of the residential and commercial real estate markets and a review of the capital markets and private equity investing as they pertain to the window and door industry. The final section of the presentation covered current trends regarding competition from Chinese companies, including the most recent import statistics and some of the events taking place in China that will affect the U.S. domestic market. A complimentary copy of the presentation is available, along with all of Jordan Knauff’s research on the door and window industry, at www.jordanknauff.com/windoor.
7/20/2009 1:40:16 PM

Green it Group's Heather Gadonniex Advises On Business Sustainable Strategy

By; HEATHER GADONNIEX

April 7, 2009

What Is Sustainability?

This merging of environment, society, and economy brings us to the idea of sustainability.

Sustainability can also describe a society or business that energizes people to be productive contrributers to their communities. By applying the same cyclical approach to our business systems, we can help ensure that we will have a continuous supply of resources, rather than depleting them.

Stay tuned for Weekly "how to" post and prepare your organization for the New Economy.

http://www.triplepundit.com/pages/sustainability-101-preparing-for-the-new.php

 


4/14/2009 3:41:36 PM

Foreign Competition Report Available

March 31, 2009, Chicago, IL — Jordan, Knauff & Company, a middle-market investment bank with a specialized practice in the building products industry, has announced the publication of the inaugural issue of the Foreign Competition Report for the U.S. Building Products Industry.  The report summarizes import statistics and growth rates of the top importing countries in eleven different building products categories.  The report includes information on the following industry segments:  windows and doors, vinyl profiles, glass, flooring, fencing, siding, roofing, decking, columns, cabinets and engineered wood products. This report will be published annually in order to inform building products manufacturers of the level of risk of foreign competition faced by the various building products segments.

 

Complimentary copies of the Foreign Competition Report have been posted to Jordan, Knauff & Company’s recently launched Window & Door Industry Research Portal, which is located at www.jordanknauff.com/windoor.   In addition to the Foreign Competition Report, the portal contains all of the firm’s window and door related blogs, articles, research reports, Industry Update webinars and industry trade association presentations.  All of these documents are available for a complimentary download.

 

 


3/31/2009 3:39:26 PM

ANSI Approves Revised Standards For Particleboard and MDF; CARB Emission Ceilings Embraced

Leesburg, VA – March 10, 2009 – The American National Standards Institute (ANSI) has approved revised national voluntary standards for ANSI A208.1-2009 Particleboard and ANSI A208.2-2009 MDF for Interior Applications.  Sponsored by the Composite Panel Association (CPA), the standards include new grades as well as harmonization with the formaldehyde emission ceilings and other requirements recently enacted by the California Air Resources Board (CARB).   

 

“After a multi-year initiative, these standards were approved using consensus procedures of due process, openness and balanced participation of interested stakeholders.  More than 120 organizations were invited to participate in the revision process, including panel producers, customers, government, academia and research institutions,” said Gary Heroux, CPA’s Vice President of Product Acceptance. “The standards provide an excellent example of the composite panel industry’s commitment to producing high quality, safe products that meet today’s market demands.”

 

The revised standards are now available in the publications section of CPA’s web site.

 

Founded in 1960, the Composite Panel Association (CPA) is dedicated to advancing the North American wood–based panel and decorative surfacing industries.  CPA represents both industries on technical, regulatory, quality assurance and product acceptance issues.

 

CPA General Members include the leading manufacturers of particleboard, medium density fiberboard (MDF) and hardboard, representing about 95% of North American manufacturing capacity. 

 

CPA Associate Members include manufacturers of decorative surfaces, furniture, cabinets, mouldings, doors and equipment, along with laminators, distributors, industry media and adhesive suppliers. All are committed to product advancement and industry competitiveness.

 

For more information please visit www.pbmdf.com or call toll free 1-866-426-6767.

 

###


3/31/2009 3:23:42 PM

Forklifts: California Air Resources Board (CARB) Regulation Enforced April 1, 2009
Enforcement on Forklift Retrofits Delayed to April 1, 2009
 
California Emission Controls for Large Spark-Ignition (LSI) Engines - Although this regulation as part of the CARB rulings went into effect January 1, 2009, the Air Resoures Board (ARB) will not begin enforcing LSI until April 1, 2009. Manufacturers should note large spark-ignition (LSI) equipment greater than 25 horsepower, including farm, construction, and industrial equipment, powered by gasoline and liquefied petroleum gas (LPG), and other alternate fuels are affected. Typical applications that use LSI engines include forklifts, specialty vehicles, airport service vehicles, large turf care equipment, portable generators, and a wide array of other agricultural, construction, and general industrial equipment. The U.S. EPA has sole authority to control new farm and construction equipment under 175 horsepower. To find out more about the regulatory activities and related information, please see the links below.
 
Penalty of $500 Per LSI Piece of Equipment Per Day for Non-Compliance
How much will it cost you to meet the regulations by April 1, 2009? That is the question in your mind as you read this notice. Manufacturers should obtain retrofitting cost proposals now if they have not already done so. The penalty for non-compliance is $500 per piece (forklift) of equipment per day. How many forklifts do you operate in your plant(s)? Go online to obtain information on where to obtain retrofit information at  www.arb.ca.gov/msprog/offroad/orspark/verdev.htm
 
Frequently Asked Questions (FAQs) Regarding
 
Call the Air Resources Board Large Spark-Ignition Hotline toll-free at (800) 387-2992 with any questions you may have regarding this regulation.
 
Letter Campaign — Voice Your Opinion, Ask to Delay Enforcement
In today's bad economic climate and high unemployment statis, retrofitting forklifts is an unreasonable burden to manufacturers' bottom line as they fight to keep their plants operating and employees working. Write a letter to voice your opinion regarding the LSI regulations and ask for a delay in enforcement until 2010 when hopefully the economy will make an upturn and the financial hit will not be as hard as in 2009.
 
You need to write a letter! If you do not write, ask yourself how many others will not write either? Take 30 minutes to write out your opinion, and then address an envelope/letter to our Governor, Senators, Assembly members and KCRA Channel 3. Take 30 minutes to help yourself.
 
Governor Arnold Schwarzenegger
State Capitol Building
Sacramento, CA 95814

You can also fax your letter to the Governor's Office: 916.445.4633
Call the Governor's Office: 916.445.2841
 
KCRA Channel 3 News
Attention: News Desk
3 Television Circle
Sacramento, CA 95814-0794 
You may fax in your letter to the News Desk: 916.441.4050
You may call KCRA: 916.446.3333
 
Senators and Assembly members
If you do not know who or where to write to your Assembly member or State Senator, click on this link and type in your area code for their name and office address so you may send your legislators each a letter.
 

1/7/2009 6:25:54 PM

Window & Door Industry Update Available For Download

Chicago, IL (01/07/09)—Jordan, Knauff & Company has made available a free download, including slides and audio, of its Fall 2008 Window & Door Industry Update webinar.  The topics covered in the presentation included an overview of the window and door industry, including transactions, expansions, plant closings and recent bankruptcies.  Also included was a discussion of current industry trends, the state of the residential and commercial real estate markets and a review of the capital markets as they pertain to the window and door industry.  The final section of the presentation covered current trends regarding competition from Chinese companies, including recent import statistics and some of the trends being reported by companies sourcing components from China. Please click the link below to request a complimentary copy of the presentation. www.jordanknauff.com/windoor


1/7/2009 6:17:15 PM

Should Manufacturers Test Employees With Dosimeters in Response to OSHA's Stance on Formaldehyde?

The National Safety Council just reported OSHA recently detailed its enforcement of the agency's occupational exposure to formaldehyde standard (1910.1048) in light of concerns about dangerously high levels of the chemical compound found in  trailers manufactured for hurricane victims. After a campaign of continued criticism, FEMA reported the temporary housing it provided following the 2005 hurricane season had formaldehyde levels far beyond that typically found in indoor air last February. An OSHA letter of interpretation — dated on Sept. 9 and posted on OSHA's website one month later — responded to a July 25 letter from Senators Hillary Clinton, D-NY, and Mary Landrieu, D-LA, expressing concerns that employees who manufactured the trailers were exposed to formaldehyde levels "higher than allowed" by OSHA. OSHA stated that although employers are required to keep written records on employee exposures, they do not have to turn them over to OSHA unless a safety and health inspection is conducted. Additionally, "no inspections were conducted in response to employee complaints of alleged overexposure to formaldehyde," but indicated that if the agency receives a complaint of the standard having been violated, an inspection will take place.

In light of this situation, manufacturers may want to consider whether they should utilize dosimeters to test their plant workers once a year to avert problems on this issue. Testing one or two employees would probably be sufficient if the test came back negative.


10/23/2008 11:47:16 AM

Production Series for Millwork Manufacturers

 

Production Series for Millwork Manufacturers

A new approach to delivering operations education

By Kellie A. Schroeder

 

This coming March, a new approach to delivering information to millwork manufacturers will be launched in Lake Las Vegas. The Moulding & Millwork Producers Association (MMPA) has outlined a Production Series for Millwork Manufacturers—a program which targets educating manufacturers on all aspects of operations in a series of short bursts of educational sessions—to be presented during their March Winter Business Meeting. With the blending of PVC, Wood and MDF manufacturers into the organization, the MMPA recognized a new direction would be required to meet all of the manufacturers’ educational needs. The Production Series for Millwork Manufacturers is a collaborative effort amongst the association’s supplier members and staff in direct response to the manufacturing members’ desire for well-rounded and focused education.

 

The Production Series for Millwork Manufacturers gives the MMPA the opportunity to tap into a range of expertise in the supplier field to educate millwork manufacturers on topics they have requested. The MMPA developed a Wish List approach to education during 2008 while cultivating its new Poly Blends Group made up of PVC, polystyrene, polyurethane, polypropylene, polyethylene and poly cellulose mixed manufacturers. The Education Wish List grows each month as more MMPA members send in their topic requests to be added to the Production Series line-up along with speaker names they think will deliver a dynamic and informative session.

 

The Productions Series initial approach was to take a millwork manufacturer through the issues affecting their operations beginning with procurement of raw material, receiving the material, efficiently utilizing the material, storing the end product, and shipping the end product. During discussions as to how to best disseminate the information, the MMPA acknowledged other areas of operations would need to be addressed in order to produce a complete informational package for its members. Hence, the MMPA added layers to the Production Series to include Human Resources, Cost Analysis & Management, Return on Investment, Byproducts, Green Issues, Energy Analysis, Customer Relations, and more.

 

Topics and speakers will not be presented in a linear fashion from raw material procurement forward to end product shipment. Instead, sessions will be selected from various areas of the Production Series for each MMPA business meeting. The MMPA does not want to present the information as Step 1, Step 2 and then Step 3. Issues affecting operations do not rise up at convenient times or in the order of how a manufacturer pushes its raw material through its plant.

 

The MMPA will deliver the Production Series for Millwork Manufacturers over two days during their Winter Business Meeting on March 19 - 20, 2009. Sessions will be held at the MonteLago Village Resort on Lake Las Vegas, located thirty minutes from the Strip. Manufacturers of PVC, MDF and Wood moulding and millwork are invited to attend. Detailed information regarding the MMPA’s Winter Business Meeting may be found on the association’s website at www.wmmpa.com by clicking on the News & Events, Events Calendar page. Registration information will be available in December; however, the discounted one-bedroom condo with full kitchen rate is available to be reserved at this time. The discounted group code is on the website and must be given at time of reservation. Attendees with children will be happy to know the one-bedroom condo sleeps four; a sleeper sofa will accommodate two persons in the living room area.

 

Interaction amongst the varied manufacturers gathered at one of these events is interesting to say the least. MDF, Wood and Poly Blends are eager to talk amongst themselves regarding the millwork market and the challenges they face as manufacturers. Curiosity regarding opposing products leads to networking, which in turn leads to information sharing a manufacturer may ultimately use to assist in strategic planning or operations analysis.  I encourage members that have not been active in the association meetings to contact me to obtain a better feel for what to expect during the Winter Business Meeting. As an example, the Buddy Pairings is an activity one should not miss as the Winter Meeting kicks off. You may reach me in the MMPA office at 530/661-9591. Get yourself to a MMPA meeting, your fellow manufacturers want to talk to you!


9/9/2008 2:54:35 PM

WMMPA ELECTS NEW OFFICERS AND A NEW ORGANIZATION NAME

 

 

FOR IMMEDIATE RELEASE

August 5, 2008

Contact: Kellie A. Schroeder

Phone (530) 661-9591

 WMMPA ELECTS NEW OFFICERS AND A NEW ORGANIZATION NAME

Association gives welcoming nod to PVC and Poly Blend Millwork

      WMMPA (Wood Moulding & Millwork Producers Association) located in Woodland, CA is pleased to announce John Morrison as their new President. John Morrison is currently the President of Sunset Moulding Company headquartered in Live Oak, CA. Newly appointed Officers serving under Morrison are:  Vice President Ted Smith of Smith Millwork; Treasurer Craig Young of TLC Mouldings; Executive Vice President Kellie A. Schroeder of WMMPA; and Immediate Past President Tom Williams of Yuba River Moulding & Millwork. John Morrison will serve as the association’s leader through the March 2010 Winter Business Meeting when the organization meets in Cancun, Mexico.

      Mr. Morrison’s succession took place during their recent Summer Business Meeting held in Newport, Rhode Island. It was during this meeting the association elected to drop the word “Wood” from its name to become the Moulding & Millwork Producers Association (MMPA). The gesture by the membership to drop the reference of wood from the organization’s title was to acknowledge the opening up of the association to PVC and/or composite millwork manufacturers.

      “Two years ago, the membership elected to invite the PVC millwork manufacturers to our meetings. Our membership realized the moulding and millwork substrate may be different, but the same marketing, freight, human resource and distribution challenges face wood, MDF and PVC producers,” states Kellie Schroeder, Executive Vice President.    

        As the organization readies itself for its Winter Business Meeting in Lake Las Vegas this coming March, the new MMPA finds itself researching educational topics to present to four similar—but different—types of manufacturers. “Raw material supply sourcing and predictions for solid, finger joint, MDF and PVC mouldings cannot be rolled out in one session, obviously,” Schroeder laughs. “Knowing we will have four types of manufacturers looking for education from us, we have elected to instigate a Wish List from the membership. As we grow our Poly Blends Group (PVC, polyurethane, polystyrene, composite, plastic, etc.), we ask new members and visiting guests what their objective in attending or joining the group is. We then incorporate that feedback into our meeting sessions to entice the interest of the Poly manufacturer for our next Business Meeting.”

         Schroeder notes an open invitation to all Poly manufacturers and their suppliers is on the table for their next Winter Business Meeting in Lake Las Vegas. Poly manufacturers interested in attending a Poly Blends Session, should contact Kellie Schroeder at the association office (530) 661-9591. Ms. Schroeder will send out an invitation to register for the upcoming meeting at the appropriate time, and will refer all inquiries to the association’s current Poly Chairman Pete Delaney of Omega Tek (Israel) and Poly Secretary Bob Simon of Gossen Corp. (Wisconsin). Delaney and Simon have been key components in growing the Poly membership. Delaney is keen to speak to all potential Poly attendees so he may outline his enthusiasm in sitting down with other Poly producers. Knowledge is power, and this new Poly Blends Group desires to share their experiences in order to advance the Poly moulding and millwork market.

         “Meeting participation only within your substrate category has been replaced,” Schroeder said. “Our members recognize the unique opportunity they have each time they attend one of our Business Meetings. The wood and MDF producers are intrigued by the Poly Blends session and vice versa. The Poly producers sit in on the wood and MDF sessions to gain insight into what is affecting those markets, and are taking that information back to their companies to share in future marketing and business plans.”

         The MMPA has extended its hand to the PVC manufacturers, and their suppliers.  The next two years should prove an interesting time as the four types of manufacturers sit down together and share their views on the moulding and millwork market. For more information about the MMPA and their upcoming Lake Las Vegas Winter Business Meeting, visit their web site at www.wmmpa.com .


8/12/2008 3:16:59 PM

Silica Exposure—Manufacturers Urged to Read Their MSDS Forms

Silica Exposure—Manufacturers Urged to Read Their MSDS Forms

Many paint manufacturers incorporate crystalline silica into their primers to help reduce costs. This should be stated in the paint manufacturer's product data sheets and MSDS forms. Moulding & Millwork Producers Association members should take serious note of added crystalline silica since this item could expose their company to Worker's Compensation issues.

Exposure to high concentrations of respirable crystalline silica for five to ten years can cause an onset of accelerated silicosis and other lung diseases, while symptoms of acute silicosis often develop within weeks of initial exposure to extreme concentrations, the Centers for Disease Control and Prevention warned in a July 18 report. 

Occupational exposure to respirable crystalline silica most typically occurs in construction, mining and manufacturing. CDC, studying recent trends in premature death attributed to silicosis in the United States between 1968 and 2005, estimated that 3,600-7,300 new silicosis cases occur annually. From 1968 to 2005, silicosis was listed as the underlying cause of death on 7,793 death certificates, the agency said.

CDC said targeted prevention programs, investigation of cases and individual case follow-up of silicosis deaths occurring at younger ages are necessary to reduce worker exposure.

[Source: National Safety Council]


8/1/2008 3:19:39 PM

House approves combustible dust bill

House approves combustible dust bill

   In a 247-165 vote on April 30, the House approved legislation that would compel OSHA to issue new rules aimed at preventing dust accumulations in industrial workplaces. The Combustible Dust Explosion and Fire Prevention Act (H.R. 5522) moves to the Senate for consideration. To read the Combustible Dust Explosion and Fire Prevention Act of 2008 Click Here.

   The House's action comes in the wake of a Feb. 7 explosion at the Imperial Sugar refinery in Port Wentworth, GA, that killed 13 workers and injured more than 60 others. The bill would force OSHA to issue an interim final rule within 90 days of enactment and a final rule within 18 months. OSHA has resisted promulgating a rule and instead initiated a National Emphasis Program to ramp up inspections of workplaces where dust hazards may be likely, the agency said.

Bill co-sponsor Rep. George Miller, D-CA, who chairs the House Committee on Education and Labor, said in a floor speech April 30 that "OSHA demonstrates no understanding of the urgency of this problem. That is a shocking failure by the very government agency responsible for keeping workers safe."

Rep. Howard P. "Buck" McKeon, R-CA, ranking member on the committee, opposed the bill, saying the House vote fails to allow time for the Imperial Sugar investigation to be completed, "leaving vital information out of future safety efforts."

The White House issued a statement saying President Bush would veto the bill. To read the statement click below.

Click Here


5/6/2008 7:19:41 PM

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