Light Weight Plywood in Stock!

Garnica Plywood’s “Pluma-Ply” is a lightweight poplar core plywood that weighs approximately 55 lbs (15% lighter than typical 3/4″ veneer core panels).  We are stocking a variety of thicknesses with North American hardwood veneer faces and backs.  Different veneer grades are stocked to meet customer needs for both quality and price.  Products are also available with a clear UV finish 1 or 2 sides.

UNIBOARD INVESTS OVER $53 MILLION IN VAL-D’OR FACILITY

The investment will increase the productivity of the plant in addition to modernizing key production areas of the Val-d’Or facility allowing Uniboard to better service our customer base in Canada and the United States. The investment will continue to position the Val-d’Or facility as one of the preferred particleboard and thermofused laminate producers in the North American panel industry. It will strengthen Uniboard’s overall network of particleboard, MDF and thermofused laminate facilities which are located in Sayabec and Mont-Laurier, Quebec. Uniboard employs a skilled workforce of 186 at its Val-d’Or site and over 800 people within the entire corporation.

Uniboard’s Val-d’Or facility has seen significant growth since its origins dating back to 1976. In 2010, Uniboard invested in a new thermally fused laminate short-cycle press in Val-d’Or to complement its value-added products. In 2012, Uniboard further solidified its position in the industry when it was acquired by Kaycan, a leading manufacturer of building products in North America with its head office located in Montreal, Quebec. The Kaycan Group of Companies offers a full array of products for both the exterior and interior of the home, including vinyl, aluminum and engineered wood siding products, PVC windows and patio doors, particleboard, MDF, thermally fused melamine and laminate flooring.

James N. Hogg, President and CEO of Uniboard Canada Inc. stated, “With today’s announcement, this important modernization project confirms Uniboard’s leadership position in the North American composite panel industry and allows Uniboard to further enhance its offering of engineered wood and value-added products. Over recent years, Uniboard has invested heavily into product development, launching new colour collections including North America’s first registered embossed thermofused laminate panels as well as expanding our successful NU Green® range of low and no-formaldehyde products. We greatly appreciate the strong commitment of the Kaycan Group, the engagement of our employees and the community and the financial support of both provincial and federal government agencies, Investissement Québec and Economic Development Agency of Canada for the regions of Québec, allowing Uniboard to move forward with this project while securing quality employment in Quebec’s Abitibi region”.

About Uniboard™

Uniboard Canada Inc. is a leading North American manufacturer of engineered wood products, with an installed capacity of over 640 million square feet of raw particleboard, high-density and medium-density fiberboard, of which over 50% is converted into value-added thermally fused laminate and laminate flooring products. Uniboard’s mills in Val-d’Or, Sayabec, Mont-Laurier and Laval employ over 800 people. Its products are sold to retailers, distributors and finished goods manufacturers, which cater to the kitchen cabinet, furniture, office, home renovation and construction industries, as well as to the floor covering industry. More information at: www.uniboard.com.

Coalition of U.S. plywood manufacturers files to appeal previously dismissed case

Hardwoods Distribution Inc. announced that a coalition of U.S. plywood manufacturers filed a summons with the U.S. Court of International Trade to appeal the ruling that had dismissed their trade case against Chinese hardwood plywood.

The trade case was initiated on Sept. 27, 2012, when the coalition alleged that Chinese imports are sold in the United States at prices below cost and are subsidized by the government of China. After more than a year of investigation, on Nov. 5, 2013, the U.S. International Trade Commission ruled unanimously against the coalition’s case.

Hardwoods Distribution’s strategy includes selling both imported and domestically produced hardwood plywood to satisfy the demand and diverse product preferences of its customers. The company estimates approximately 14 percent of its total sales are of product imported from China that fall within the scope of this trade dispute. The company says it will closely follow the appeal process that has been initiated.

It is expected a ruling from the U.S. court system will take 18 to 24 months, and that no duty liabilities related to importing Chinese hardwood plywood would arise during that period of time.

Builder Confidence Hits Major Milestone in June

Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading over 50 indicates that more builders view sales conditions as good than poor.

“This is the first time the HMI has been above 50 since April 2006, and surpassing this important benchmark reflects the fact that builders are seeing better market conditions as demand for new homes increases,” said NAHB Chairman Rick Judson, a home builder and developer from Charlotte, N.C. “With the low inventory of existing homes, an increasing number of buyers are gravitating toward new homes.”

The eight-point jump in the index was the biggest one-month gain since August and September of 2002, when the HMI recorded a similar increase of eight points.

“Builders are experiencing some relief in the headwinds that are holding back a more robust recovery,” said NAHB Chief Economist David Crowe. “Today’s report is consistent with our forecast for a 29 percent increase in total housing starts this year, which would mark the first time since 2007 that starts have topped the 1 million mark.”

Derived from a monthly survey that NAHB has been conducting for 25 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

All three HMI components posted gains in June. The index gauging current sales conditions increased eight points to 56, while the index measuring expectations for future sales rose nine points to 61 – its highest level since March 2006. The index gauging traffic of prospective buyers rose seven points to 40.

The HMI three-month moving average was up in three of the four regions, with the Northeast and Midwest posting a one-point and three-point gain to 37 and 47, respectively. The South registered a four point gain to 46 while the West fell one point to 48.

Editor’s Note: The NAHB/Wells Fargo Housing Market Index is strictly the product of NAHB Economics, and is not seen or influenced by any outside party prior to being released to the public. HMI tables can be found at www.nahb.org/hmi. More information on housing statistics is also available at http://www.housingeconomics.com/