Margin key at Western Forest Products

Margin key at Western Forest Products

Volume production is one thing, but in today’s lumber industry it’s value that pays the bills. And timely value production is what Saltair Sawmill is built for.

Vermeer has a new forestry tractor

Vermeer has a new forestry tractor

FT100 tractor is a multipurpose machine for tree care and landscape contractors.

Komatsu has new harvesting head

Komatsu has new harvesting head

New harvesting head is designed to be highly productive in thinning applications.

tree tenderloin

tree tenderloin

Outside the Coopérative Forestière de Girardville (CFG) Tradition mill, huge trusses of 12x16s, 16 feet in length, are waiting to be delievered.

Checks and shrinkage

Checks and shrinkage

A log’s value can evaporate in the kiln but there are some tricks to prevent checks and shrinkage.

video
Komatsu has a new harvesting head...
The new harvesting head is designed to be highly productive in thinning applications.
video
Some environmentalists exaggerate...
Quebec’s forests are not threatened, according to a new documentary and an Economic Note from the Montreal Economic Institute.Video location: QuebecRecording date: August 2014
video
FPAC on innovation in forestry...
Catherine Cobden explains what is meant by innovation in forestry
video
WorksafeBC cautions workers falling trees...
WorksafeBC cautions workers falling trees

Harvesting

Truck Loggers' Association hiring

Sept. 11, 2014 - The TLA would like to announce that Dwight Yochim, RPF, Executive Director of The Truck Loggers Association since September 2012, is no longer with the Association. "Over the past two years, Dwight has been a strong supporter of the coastal forest industry and has led significant initiatives to ensure recruitment of young people into forestry," said Don Banasky, TLA President. "The coastal forest industry is growing. It's a renewable industry with significant potential to create jobs and provide local, well paid career opportunities for young people," said Banasky. "Dwight made sure the opportunities were identified through completion of the BC Forest Sector Labour Market & Training Needs Analysis and subsequent development of the British Columbia Coastal Forest Industry Human Resource Strategy which he led. We thank Dwight for his hard work and wish him every success in the future." Looking forward, the TLA will now be seeking a replacement for this challenging and rewarding role as an industry leader and advocate for the TLA membership. For more information, contact:Brenda MartinDirector of CommunicationsThe Truck Loggers AssociationT 604.684.4291 ext. 2C 778.339.7554brenda@tla.ca

Canada's forests are sustainable

Sept. 8, 2014 - The Forest Products Association of Canada (FPAC) says Canada has one of the best records in the world when it comes to sustainable forest management and the industry continues to engage with partners on further advances. FPAC was responding to a recent study published by the World Resource Institute (WRI) that noted a global increase in the fragmentation of intact forest landscapes, while suggesting Canada is seeing the greatest reduction. In Canada, the degradation is mainly caused by an increase in forest fires directly linked to climate change, infestations such as the mountain pine beetle, and other land use pressures, rather than by forest sector activity. "Canada's forest products industry understands the importance of managing and conserving our forests and we are continuing to improve our environmental credentials," says David Lindsay, the President and CEO of FPAC. "Our record is truly impressive." In Canada, all harvested areas must be regenerated by provincial law. Canada retains nearly 90% of its original forest cover, with less than 0.2% of forests harvested each year. Fire, insects and disease destroy about 0.5% of the total acreage annually or three times the area affected by commercial harvesting. Canada has 150 million hectares or about 40% of the world's certified forests, by far the most in the world. Certification is an independent assessment that sustainable forest management is practiced in both original and 2nd growth forests. A 2014 Leger study found that Canada's forest products industry has the best environmental reputation in the world. Under Vision2020, FPAC member companies have set the goal of further improving their environmental record by another 35% by the end of the decade. The companies are also working with major environmental groups under the Canadian Boreal Forest Agreement (CBFA), which considers the social, environmental and economic opportunities made available by better managing Canada's boreal forest. "The forest products industry actually helps to recover, preserve and manage ecosystems in the face of global climate change," says Lindsay. "We will continue to work with environmental groups, scientists, governments and others to find ways to mitigate and adapt to climate change and find responsible and progressive ways of managing our forests." FPAC provides a voice for Canada's wood, pulp, and paper producers nationally and internationally in government, trade, and environmental affairs. The $58-billion-a-year forest products industry represents 2% of Canada's GDP and is one of Canada's largest employers operating in hundreds of communities and providing 235,000 direct jobs across the country.

Sawmilling

The SonicAire 2.0 installation in a planer mill prevents fugitive wood dust from accumulating by creating an overhead air curtain using BarrierAire Technology. Air filtration prevents fires

Sept. 12, 2014 - Dust explosions are always a risk in any wood processing plant, and one that the forest industry takes extremely seriously. In B.C., there were two explosions at sawmills in 2012, and in each explosion, two people were killed and others were injured. These terrible events spurred the creation of a Manufacturers Advisory Group (MAG). It was given the goal of providing the industry with a better understanding of (and improved ability to manage the risks created by) combustible wood dust. The task force was created by the CEOs of BC forest manufacturers representing an estimated 70 per cent of raw wood production in B.C. There were three components to MAG’s mandate. First, members went away and did research into the combustion risks of dust, from both green wood and dry beetle-killed wood. Then, they created best practices for dust mitigation (partly through analyzing what is done in the grain handling industry) and also created an industry-wide auditable standard. “Wood dust has always been recognized as a safety hazard,” says James Gorman, “but what came out of these tragedies and the work that came after, was the recognition by the industry that beetle-killed wood dust has properties that are different than green wood dust.” Gorman is President and CEO of the Council of Forest Industries, which represents most of B.C.’s interior mill operations and was part of the task force creation. “We had the best sawmill safety experts from across the province, and they found that the dust from beetle-killed wood necessitated new dust handling practices and procedures,” Gorman explains. “This unprecedented industry-wide collaboration and the auditable standard led to better dust management through new protocols, better employee training and improvements to existing air filtration systems.” The auditable standard was developed by industry and has been made broadly available by industry and WorkSafe BC (see end of article for link). “It encompasses a mill’s equipment, its systems and all the processes and procedures inside the mill from a dust mitigation perspective,” Gorman notes. “The scope of the audit extends through the entire processing chain, from log delivery into the yard to the time lumber is loaded for shipping out. Action plans and additional follow-ups are included.” In terms of facilitating compliance, MAG has worked collaboratively on this with regulators. “MAG members have demonstrated compliance in their own facilities,” Gorman relays, “and have also worked actively to engage non-members in risk reduction efforts. Many members have also initiated plans to extend these safety enhancements and training to their facilities outside of the province.” MAG received the province’s highest safety honour (the Lieutenant Governor Safety Award) from the B.C. Safety Authority in November, 2013. The awards recognize individuals and organizations who demonstrate exceptional leadership and innovation in the promotion of technical systems safety. Industry commentsCanadian Forest Industries checked with some top companies that make air filtration systems for sawmills to hear about system scope and new developments. In terms of what an air filtration system can accomplish in a mill, Tony Vasilakos, vice president of engineering at Laval, Quebec-based AIREX Industries, says proper dust capture will not only reduce air-borne particulates, but will reduce dust accumulation on sensors and electronics that may cause malfunctioning equipment – which in turn reduces overall maintenance and housekeeping. Brad Carr says dust collection systems in sawmills can capture 90 to 95 per cent of the overall dust produced if there are proper suction pressures, and if the suction hoods are placed correctly. “The five to ten per cent that it can’t get becomes fugitive dust,” explains the president of IES (North Carolina-based Integrated Environmental Solutions). “There is a cost/benefit ratio at work in trying to get that remaining fugitive dust. The cost rises exponentially to try to eliminate that last 10 per cent through filtration.”    He also points out that if you have an open system where you are moving materials with fork trucks and/or assembling materials on a table, filtration becomes impractical.  “You can’t put in a filtration system that would work well enough in these scenarios, and there are a lot of open processes that won’t allow for a hood to be put on them.” There are two basic air filtration options in a mill: central and localized unitary systems, says Carr. “With the central system, you have extensive ductwork throughout the plant,” he notes. “The advantage is that with this approach you have all the waste carried to one point. So it’s collected to one place for removal.” A localized unitary system is used for one piece of equipment or at one process point. “The advantage is that it is less expensive to install because it has less ductwork to install,” Carr notes. “The weakness is that it takes up space on the processing floor and sometimes [building code restrictions won’t allow] you to put it in at all.” Oregon-based Carothers and Sons President Rick Boatwright says the simplest and most efficient dust collection system uses ‘Pulse Jet Technology.’ “[In our system], we use compressed air to clean rows of bags in a predictable manner to offer continuous operation over countless hours,” he says. This ‘smart’ system lets operators know in real time what the system is doing.  Common units include cyclones, cart collectors, shaker baghouses, non-cleaning baghouses and reverse-pulse or reverse-air baghouses. “Each has its advantages, although the unit of choice would be a baghouse with reverse-pulse cleaning due to its high capacity, efficient cleaning and accessibility,” explains Vasilakos. In terms of maintenance, Carr says leaks must be repaired regularly. “There tends to be leaks because the materials that go through the pipes erode the inside of the ductwork,” he notes. “You also have to be diligent to periodically check motors, sensors, dampers, filter media, extinguishers, and actuators.” He also strongly emphasizes the critical importance of pressure checks. “If the filter ductwork is under a positive pressure, then the ductwork will release combustible dust into the room if there is a leak,” he says. “If the filter ductwork is under a negative pressure, then it will lose pressure if there are leaks in the ductwork. This will reduce the suction at the suction hoods, which will cause more fugitive dust to be released into the plant.” Keeping units working properly means regular maintenance, greasing schedules, review of the magnahelic gauge (monitoring the bag accumulation) proper dumping of accumulating bin, and maintaining no water in the compressed air line used for cleaning. Cold weather should not affect air filtration system operations, but any filtered air that is not returned to the plant will increase the amount of outside air that needs to be heated, which will increase the cost of heating the plant. If exhaust air can be returned back into the building, this will save on heating costs.  ”If you can, you need to capture dust at the point it is generated as long as it is fiscally practical,” Carr concludes. “The energy, capital and ongoing services required for a filtration system is a legitimate cost of doing business.”  

Operators control fuel savings

Sept. 10, 2014 – Terex Fuchs E Series material handlers now feature standard Eco Mode operation that provides substantial fuel savings. Conveniently located on the machine's new multifunction button control panel, operators can select either a "Power Mode," "Eco Mode" or "Eco+ Mode" operating setting, allowing machine power output to match the application. "The Terex Fuchs E Series handlers are designed to be fuel efficient, even at 100% engine speed," says Heavy Equipment Product Manager – Material Handlers – for Terex Construction Americas, Steve Brezinski. "However, tasks like cleaning the yard and sorting material do not require 100% power demand from the engine, and our exclusive Eco Mode settings allow the operator to take advantage of these additional fuel savings opportunities." Featuring a three-stage engine speed operation, the E Series material handler can be set to "Power Mode," providing the operator with optimal power and speed for heavy-duty applications such as feeding the shredder, loading/unloading trailers and rail cars, or magnet operation. When encountering less-demanding, medium-duty tasks, the operator can simply press the "Eco Mode" button, which lowers engine RPM by up to 12%, depending on the model, and caps engine horsepower at 90%. This delivers up to 27% fuel savings over 100% power, while still offering high lifting and slewing rates. When the material handler is performing low-demand tasks such as sorting, the operator can choose to switch the machine to "Eco+ Mode" to reduce engine RPM by up to 19%, using 80% of full engine horsepower. This setting is designed to optimize fuel consumption, offering up to 36% fuel savings. "Until now," adds Brezinski, "material handlers were operated only at full engine speed and power. Terex Fuchs new Eco Mode allows the operator to fine-tune power demand based on need, making the machines more flexible in reducing overall operating costs." The exclusive Eco Mode operation is being rolled out as standard on all new Terex Fuchs E Series material handlers in the third quarter of 2014. This initially includes the popular MHL340, MHL350 and MHL360 models and will be expanded to other models within the Terex Fuchs line as they switch over to E Series production. For more information about the Terex® Fuchs material handler line, visit www.terex.com/construction.

Industry news

Reader response to fibre allocation

Sept. 15, 2014 - A reader wrote a response to the editorial from the July/Aug issue of CFI about wasted forestry residuals in Canada (also see the online version with video). A former logger with 12 years' experience, Jon Rempel is now an Operations Supervisor for Doug Wylie Trucking as well as a contractor with dump/sand plow trucks and a grader. His letter to the editor reads as follows: Hi Amie, Read your great article in CFI, I do not fully understand why we do not utilize our wood waste like Sweden but suspect it may be because our forest policies make it very difficult. Here is a theoretical scenario, I am driving down a logging road and I see a recent clear-cut with huge debris piles of wood fibre, I decide I want to chip this wood and haul it to the nearest pellet plant. Problems are going to be that the Forest Service is going to expect a stumpage fee on this fibre, even though they are going to torch it otherwise. Then the company that harvested the saw logs off the block has a liability to manage this clear-cut until it reaches a free growing forest and they are going to be unwilling to allow an unassociated contractor or company to remove this fibre because of fears of this activity affecting their liability. They would rather burn it. Out of sight, out of mind. And then to use the road that this logging company maintains you will have to pay road user fees, and that is based on a per cubic metre standard that may be economically viable for valuable saw logs but it is not for salvage operations. And that is why every year as the first good snowfall of the season approaches the debris piles on all the recent cut blocks in the central interior of BC are torched, burning hundreds of thousands of cubic metres of wood fibre. I believe utilizing most of the wood fiber off of cut blocks in British Columbia, including the stump, is a really good idea but it has to be really cheap or it just simply is not going to work. If these piles of wood fibre were more open for the taking, the ones within a reasonable distance of populated areas would likely be utilized as a cheap fuel source. But as it stands, nuclear, coal, oil, natural gas and hydroelectric, are all just so much cheaper of a fuel source. Please correct me if I am wrong but that's my opinion. Have a great day!Jon RempelFort Fraser, B.C. If you have an opinion to share, please email the editor at asilverwood@annexweb.com.

Tradeshow in China

Sept. 11, 2014 - The 4th Guangzhou International Wood & Wood Product Trade Show, known as Wood Guangzhou 2015, is the most valuable platform for the wood and products industries in China, which will take place on May 9-11, 2015 at Asia's largest exhibition hall- China Import & Export Fair Complex. China is one of the biggest wood products exporters. Meanwhile it is also one of the largest importers of wood in the world. As Qian Xiaoyu (Vice chairman of China National Forest Products Industry Association) predicted, China's wood supply deficit will reach 200 millions in 2015 and 500 millions in 2020. Thanks for the strong support by industry, Wood Guangzhou 2014 was successfully held in area B of China Import & Export Fair Complex, which attracted a number of International exhibitors from over 20 countries, such as Accsys Technologies (UK), Norvik Timber (Latvia),AVEK SA (Greece), Centennial Woods (USA), LAJKA (Slovenia), DGBK Architects (Canada), UCCI (Ukraine), Havan Chang (Brazil/Hong Kong), CINTAC TIMBER (Australia), Nordpan (Italy), Nordlam (Germany), Juodeliai (Lithuania), OOO Mass (Russia), Samartex (Ghana), Campanello (Sweden), SARAWAK TIMBER(Malaysia), Optiemus Woods (Columbia) and so on. Of course, many domestic renowned enterprises in China also presented at Wood Guangzhou 2014 including Luli Group, Guangdong Weihua Corporation, Dehua Group (TUBAO), TREESSUN FLOORING, Kemian Wood etc. Based on the success of previous editions and substantial support from industry, we confidently believe that Wood Guangzhou 2015 will continue to be the No. 1 wood trade platform in China. Being a highly specialized show, Wood Guangzhou 2015 will provide an excellent opportunity for regional and international companies and agents to showcase and learn about wood and wood products and to build new strategic relationships with buyers, traders and investors. Anyone who is interested in Wood Guangzhou 2015, please contact Jacob Kong for registration. Wood Guangzhou -May 9-11, 2015Add: Room 401, No. 4, the Third Street of Kehui, Kexue Avenue, Science City, Luogang District, Guangzhou, ChinaTel: +86 13416279371/ +86 20 22074185Fax: +86 20 82579220E-mail: grandeurhk@yeah.netWebsite: http://www.muyezhan.com/index_e.asp

Valuable info in Portland

Sept. 10, 2014 - "It's the best deal you'll ever get on workshops exclusive to lumber and plywood manufacturing," says Rich Donnell, show director of the Timber Processing & Energy Expo (TP&EE), which will be held October 15-17 at the Portland Exposition Center in Portland, Ore. Donnell, who is also the editor-in-chief of Timber Processing and Panel World magazines, says 36 industry professionals will deliver presentations during the Lumber Manufacturing Workshop on Thursday, October 16, and the Veneer & Plywood Manufacturing and Engineered Lumber Workshop on Wednesday, October 15. Both workshops will be held in the meeting rooms above the expo floor in Hall D. "One registration fee of $75 gets you admission to both workshops, or which ever parts of the workshops you want to attend," Donnell says. "You also get admission to the expo floor for three days and a 'beer and brat ticket.' You really can't beat this deal, considering the valuable information that will be presented." The Lumber Manufacturing Workshop on Thursday, October 16, will include three interactive presentations on saw filing & sawing performance; seven presentations on scanning & optimization; and nine presentations on sawmill operations and quality control. The Veneer & Plywood Workshop on Wednesday, October 15, will include sessions on challenges faced by veneer based producers; achieving successes at a modern green veneer production operation; several sessions on peeling, drying and grading technology developments; and a panel discussion on meeting customer needs. An afternoon session will cover developments and technologies in Cross Laminated Timber. Candidate for governor of Oregon, House Rep. Dennis Richardson will lead off the Veneer & Plywood Workshop with a talk on critical issues for the northwest forest products industry. You can view summaries of the presentations and the biographies of the presenters on the TP&EE website: www.timberprocessingandenergyexpo.com. Just go to 'Attendee Info' in the menu and click on 'Workshop Information'. You can also register for the workshop on the web site by going to 'Register' in the menu.

Industry plants 16 trees per person

Sept. 10, 2014, Edmonton – Members of the Alberta Forest Products Association (AFPA) planted 65 million trees in forests throughout Alberta during the summer of 2014. This works out to 16 trees for every person in Alberta and an average of more than two trees for every tree the industry harvested. "We are extremely proud of our legacy of forest stewardship," said AFPA President and CEO Paul Whittaker. "Planting trees is an integral part of keeping our forests healthy for future generations and preserving water quality, animal habitat, and recreation areas for Albertans." Craig Armstrong, Chair of the AFPA and President and CEO of Millar Western Forest Products, emphasized the lasting impact replanting operations has on Alberta communities. "We reforest all areas we harvest. When we plant trees, we're focused on sustaining environmental and economic values for the future," he explained. "Our company has operated in Alberta for four generations and will be here for many more to come, because we are taking good care of the renewable forest resource." In addition to long-term benefits, planting trees has a positive immediate impact on Alberta's economy. Tree planters, typically youth and post-secondary students, worked 32,500 person days on replanting operations. Spin-off jobs created by tree planting include tree nursery employees and local businesses that supply goods and services to planting operations. More information can be found on our website at albertaforestproducts.ca.

Wood Panels

Ainsworth election results

Aug. 14, 2014 - Ainsworth Lumber Co. Ltd. announced the results from its 2014 annual general meeting of shareholders held on August 12, 2014. All of the eight nominees listed in the Corporation's Management Proxy Circular dated July 3, 2014 proposed by management for election to the board of directors at the Meeting were elected to the board. The directors will remain in office until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the vote on the election of the directors are as follows:                                 Votes in Favour                           Votes WithheldName                         #               %                           #                %---------------------------------------------------------------------------- Robert Chadwick   180,106,039   94.74                  9,997,575      5.26Paul Gagne           190,054,174   99.97                      49,440       0.03Peter Gordon        189,052,368   99.45                  1,051,246      0.55Paul Houston        190,053,174   99.97                       50,440      0.03John Lacey           189,990,074   99.94                     113,540      0.06Jim Lake               189,146,915   99.50                     956,699      0.50Gordon Lancaster 190,053,174   99.97                       50,440      0.03Pierre McNeil        189,052,515   99.45                  1,051,099      0.55

Ainsworth remains optimistic

Aug. 13, 2014, Vancouver – Ainsworth Lumber announced higher shipment volumes and a reduction in unit costs in its Q2 financial results. Ainsworth President and Chief Executive Officer, Jim Lake said, "North American OSB market conditions were relatively weak as the spring building season did not materialize as anticipated. North American benchmark OSB prices were stable relative to the prior quarter, although they were nearly 40% or U.S.$130/msf lower than the second quarter of 2013. Despite the slower pace of housing growth in the near-term, we are optimistic about the longer-term recovery and continued absorption of industry supply. The recent slower market environment in North America does highlight the strategic importance of our traditional export market in Japan as well as the progress we are making in markets such as China for new applications of OSB." Financial Results Sales of $117.4 million in the second quarter of 2014 were $10.1 million lower than sales of $127.5 million for the same period in 2013. The decrease in sales was mainly due to a 24% decrease in realized pricing. The impact of the U.S. benchmark declines on our realized pricing was moderated by the effect of a weaker Canadian dollar relative to the second quarter of 2013 and more stable export pricing in Japan, combined with a 21% increase in sales volumes due to additional production from High Level. In the first half of 2014, sales were $225.2 million compared to $269.3 million in the same period of 2013. The $44.1 million decrease was related to a 25% decrease in realized pricing, partially offset by an 11% increase in sales volumes and the same factors noted above. The increase in volume from High Level was partially offset by transportation issues that limited shipments during the first quarter of 2014. Adjusted EBITDA was $13.1 million in the second quarter of 2014 compared to $50.7 million in the same period of 2013, largely as a result of lower realized pricing. Notwithstanding the significant reduction in gross profit, net income from continuing operations in the second quarter of 2014 was $9.5 million higher than the prior year. This increase was largely due to fluctuations in non-cash accounting gains and losses and income tax expense combined with decreased selling and administration expense. Adjusted EBITDA for the first half of 2014 was $23.3 million compared to $113.2 million in 2013, due mainly to lower realized pricing. Net loss from continuing operations in the first six months of 2014 was $2.2 million, compared to net income of $39.3 million for the same period in 2013, representing a decrease of $41.5 million. The decrease reflected lower gross profit, partially offset by fluctuations in non-cash accounting gains and losses and income tax expense. Margins Adjusted EBITDA margin on sales for the second quarter of 2014 was 11.2% compared to 39.8% in the same period of 2013 (10.3% in the first half of 2014 compared to 42.0% in the same period of 2013). The decreases were largely related to lower realized pricing in North America. Benchmark OSB pricing remained stable during the second quarter of 2014, although down significantly from the same periods last year, with North Central and Western Canadian pricing for 7/16" OSB averaging U.S.$219 and U.S. $206 per msf, respectively, representing a decrease of 37% versus the second quarter of 2013. Sequentially, the North Central benchmark price remained flat, while the Western Canadian benchmark price decreased 6% versus the prior quarter. Liquidity At June 30, 2014, Ainsworth's available liquidity, consisting of cash and cash equivalents, was $103.2 million, a reduction of $34.2 million since December 31, 2013 resulting from our seasonal log inventory build, semi-annual interest payment and capital expenditures, combined with the timing of accounts receivable and accounts payable. Outlook While the pace of improvement has been slower than previously expected, we remain optimistic about the medium to long-term outlook as U.S. housing starts recover to more historical levels. Additionally, we continue to experience growth and stable pricing in our traditional export market of Japan. We are also continuing to advance our opportunities in export markets such as China for new applications of OSB. The restart of our High Level mill will allow us to meet the growing requirements of our existing North American and export customers as well as service new market segments over the longer term.

Remanufacturing

Briquettes get a boost in Maritimes

Sept. 9, 2014 – Lewis Mouldings and Wood Specialities Ltd. received $430,500 from the federal and provincial governments to boost its wood briquette production, according to the Chrionical Herald. The family business based in Weymouth, Nova Scotia launched Fiber Fuel to make wood briquettes using residual sawdust and chips from its wood trim business in 2008. The company has not been able to keep up with demand for the fuel. The new funding will help the company add a second wood fibre compressing machine and a biomass dryer, which should be up and running in November. The new equipment is expected to boost the company's briquette production by 400 per cent. The briquette business will take over the extra waste wood that was formerly consumed by the Resolute Forest Products' Queens County paper mill that closed in 2012. For more information, go to http://thechronicleherald.ca/business/1234854-lewis-mouldings-gets-cash-for-wood-waste-fuel-business

Moulding bull market rally

Aug. 13, 2014 - A wave of demand is coming and so are higher prices, concludes Peter Butzelaar the Vice President of International Wood Markets Group in his U.S. Clear Pine Lumber and Moulding Market Outlook: 2014-2018.  After enduring four years of declining demand of epic proportions, underlying demand is beginning to re-emerge. "Although not the strong start the industry was anticipating for 2014, the results in the second half of this year should build on the demand gains made in 2013," comments co-author Russell Taylor. WOOD MARKETS is projecting U.S. housing starts to surpass 1 million starts in 2014 followed by an additional 125,000 starts in 2015. As the labour market and income levels improves, housing demand will see accelerating growth as will residential repair and remodelling (R&R) - the two main drivers of moulding demand. However, due to mill closures, supply chain consolidation, and limited supplies of domestic clear pine fiber, traditional moulding supply in North America is forecast to struggle to keep up with demand. For more information on the report, go to www.woodmarkets.com.

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