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Mohawk Industries, Inc. announced 1Q 2019 net earnings of $122 million and diluted earnings per share (EPS) of $1.67. Adjusted net earnings were $154 million, and EPS was $2.13, excluding restructuring, acquisition and other charges...... [more...]
Universal Forest Products, Inc. announced record net sales, net earnings and EBITDA for the first quarter of 2019. The company also announced the UFPI Board of Directors voted to increase the semiannual dividend from $0.18 to $0.20 per share at their April 24, 2019, meeting... [more...]
US imports of hardwood plywood declined by 15% in January from the previous month but were nearly even with totals from January 2018. While China remains the largest supplier, import volume continue to fall being down 51% from December and 35% from the previous January... [more...]
The European parquet markets are generally showing stable to slightly positive trends. When compared to the same period last year, the provisional results for the three first months of 2019 indicate stable or moderately increasing parquet consumption except for Belgium ... [more...]
U.S. sawmills produced 3.107 billion board ft. (bbf) of softwood lumber in January, a 5.8% increase over January 2018, when 2.937 bbf was produced... [more...]
According to China Customs, 2018 sawnwood imports totalled 36.74 million cubic metres valued at US$10.13 billion, a year on year decline of 2% in volume and a slight increase (1%) in value...... [more...]
In 2018 a furniture industrial center in São Bento do Sul municipality, in Santa Catarina State, one of the main furniture export regions, registered an increase in exports...... [more...]
The 58th edition of the Salone del Mobile.Milano ended on an extremely high note. The 386,236 attendees, over the 6 days of the event, from 181 different countries made for an 12% increase over the 2017 edition, which also featured Euroluce and Workplace3.0...... [more...]
Despite the European legislation and its Timber Regulation (EUTR) that is supposed to moralize commercial practices, the teak market remains strongly suspected of illegality. We are talking here about natural teak, that still comes from forests located in the most famous production basin in the world: Burma or Myanmar.... [ more...]
