Survey Cites Biggest Wood Flooring Threats
A wide ranging survey recently undertaken by the National Wood Flooring Assn. looked at the impact of the viral pandemic on the flooring industry and the outlook for 2021. Asked about the biggest long-term threat to real wood products, 38% of association members cited luxury vinyl tile (LVT) as the biggest challenge, followed by wood-plastic composites (WPC) noted by 26%. On another question, 57% of respondents said “wood-look” products have had a negative effect on real wood product sales. Looking ahead at in-demand product types for 2021, 58% said wide plank flooring, 55% picked engineered products, 46% said factory finished flooring and 45% said long board flooring would have good demand next year.
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Canfor Acquires I-Joist Operation
Canfor Corp. has entered into an agreement with PinkWood Ltd. to purchase its I-joist business for $68 million, including working capital. Founded in 2009, PinkWood is the largest I-joist facility in Western Canada, producing engineered…
Forest Service Moves Forward With Disaster Recovery
The U.S. Forest Service announced that significant recovery efforts across national forests and grasslands continue to progress following damage caused over three years of natural disasters, including hurricanes, wildfires and flooding. These efforts were made…
Manthei Wood Products Purchases Cahaba Veneer In Alabama
Bibb County Economic & Industrial Development Authority (EIDA) announced that Manthei Wood Products, a nationally recognized, family-owned hardwood veneer manufacturer, has acquired Cahaba Veneer in Centreville, Ala. and will invest $10 million and create 37…
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