30.09.2022 Views

National Hardwood Magazine - October 2022

In the latest issue of National Hardwood Magazine, get to know Holt & Bugbee Company, learn about Pennsylvania Hardwoods' expansion, and much more.

In the latest issue of National Hardwood Magazine, get to know Holt & Bugbee Company, learn about Pennsylvania Hardwoods' expansion, and much more.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

ONTARIO Continued from page 12<br />

Demand for Ash continues to be steady on international<br />

and domestic markets, thus inventories of this species<br />

are low. FAS demand is better than the Common grades.<br />

Production is meeting demand for mills and wholesalers.<br />

Aspen producers noted that demand is solid for developing<br />

supplies, and production has gone up slightly, thus<br />

end users have more available inventories.<br />

As Birch is often used as a lower priced alternative to<br />

Hard and Soft Maple, demand for this species is strong<br />

in local and overseas markets. Price-wise, it was reported,<br />

Birch still has an advantage over Maple even though<br />

Maple’s prices have dropped. Demand is good for the<br />

upper grades as are markets for green stocks.<br />

Basswood also saw a drop in demand. This is related<br />

to Poplar prices which are impacting demand of upper<br />

grades for this species from the millwork and moulding<br />

sectors. However, interest for Poplar is solid keeping<br />

prices steady for kiln-dried stocks. Demand for lower<br />

grades softened, but it is still absorbing production.<br />

As Hard Maple has been a top seller for the past couple<br />

of years with prices reaching all-time highs, there<br />

has been a shift from an inventory building mode to purchases<br />

for replacement needs. This change is having a<br />

downward impact on prices. As kiln-dried Hard Maple is<br />

readily available, there is increased competition for orders,<br />

and prices are responding. For color classifications<br />

figures are reduced, noted contacts.<br />

There is also a reported slowdown in Soft Maple business,<br />

supplies being higher and a weaker short term demand.<br />

Thus prices are down, as well for color designated<br />

grades. Kiln-dried inventories increased, especially in<br />

the Appalachian region.<br />

Sawmill owners are processing more Red Oak, and so<br />

supplies are outpacing demand, resulting in downward<br />

prices. Reports stated domestic and international markets<br />

are not good, with exports flat compared to last year.<br />

Some buyers are able to source Red Oak on short notice<br />

and are buying only what they need. White Oak supplies<br />

are also outpacing market needs, therefore price reductions<br />

are being felt both in domestic and international<br />

markets.<br />

Jonathan Wilkinson, Minister of Natural Resources,<br />

announced a $1-million contribution to the Wood Manufacturing<br />

Cluster of Ontario (WMCO) to support a study<br />

involving 10 collaborating wood manufacturing small<br />

and medium enterprises (SMEs) across the cabinetry,<br />

commercial millwork and furniture sectors. The study will<br />

highlight the importance of industry-led clusters to identify<br />

and leverage new opportunities for the wood manufacturing<br />

sectors.<br />

“Canada’s competitive and resilient forestry sector<br />

supports good, middle-class jobs in communities across<br />

the country — including in Indigenous, rural and remote<br />

communities,” said Minister Wilkinson. “This represents<br />

the livelihoods of hundreds of thousands of Canadians.<br />

The funding will support innovative Canadian SMEs,<br />

helping them to seize new opportunities for business and<br />

workers in the wood manufacturing sector while showcasing<br />

the benefits of industry-led collaboration.”<br />

The project aims to integrate Industry 4.0 technology<br />

for the optimization of information and material flow to<br />

establish an industry roadmap for SMEs. This roadmap<br />

will enable future investments and demonstrates the role<br />

of Canada’s forest manufacturing enterprises in utilizing<br />

innovative technologies. This investment will allow Canadian<br />

businesses to diversify and can help to sustain<br />

Canada’s forest sector while creating best business<br />

practices on the road to net zero by 2050.<br />

Funding for this project is provided through the Investments<br />

in Forest Industry Transformation program,<br />

which encourages the Canadian forest sector to adopt<br />

innovative technologies and processes to establish new<br />

product streams and emerging markets. By investing in<br />

innovative forest sector technologies, the forest sector<br />

is providing greener solutions that help tackle climate<br />

change and transition to a low-carbon economy while<br />

increasing its competitiveness on a national and global<br />

scale. n<br />

QUEBEC Continued from page 12<br />

According to some contacts, demand for Ash was<br />

more closely aligned with supply than most species<br />

during late summer. Due to the ravages of the Emerald<br />

Ash Borer, standing timber of this species is very limited,<br />

and so sawmill production is declining as a result. On the<br />

domestic front, demand is slow compared to earlier this<br />

year, and export markets for Ash are said to be off.<br />

Sawmill operators noted that moving developing green<br />

Cherry production is getting a bit more difficult. Depending<br />

on areas contacted there are price variances for this<br />

species. Kiln-dried Cherry markets are reported to be unfavorable,<br />

except with some exporters with longstanding<br />

Cherry customers in China who are seeing decent activity,<br />

but prices are continuing to soften.<br />

Basswood has seen record level sales during the first<br />

six months of the year due to strong demand from established<br />

customers and buyers seeking lower cost alternatives<br />

to other species. Some contacts said it is still their<br />

best seller.<br />

Please turn the page<br />

York Legacy Mill Inc.<br />

225 NEEDHAM ROAD • PO BOX 117<br />

MARROWBONE, KY 42759<br />

Specializing in Appalachian <strong>Hardwood</strong><br />

Poplar • Red Oak • Soft Maple • Ash • Cherry • Hickory • White Oak • Hard Maple • Walnut<br />

4/4 White Oak Rift/Quarter Sawn - 4/4 White Oak Plain Sawn - 4/4 Red Oak - 4/4 Poplar<br />

GTL Lumber, Inc.<br />

Ironton, OHIO 45638<br />

est. 2018<br />

Contact: Erin Cox<br />

740-250-4227<br />

erin@GTLlumber.com<br />

Matthew York<br />

Owner<br />

Cell (270) 459-0294<br />

Erika York<br />

Sales Associate<br />

Cell (270) 459-2569<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

Manufacturing quality Appalachian<br />

<strong>Hardwood</strong> lumber, cants & railroad ties<br />

Cutting 4/4 through 8/4 thicknesses<br />

of lumber that are sold green<br />

Specializing in producing high grade<br />

White Oak lumber<br />

2 Mill Locations Grade & Cedar<br />

In House Transportation<br />

We Purchase Standing Timber &<br />

Land Tracts<br />

PH: (270) 864-3134<br />

yorklegacymill@gmail.com<br />

Located in<br />

South Central Kentucky<br />

When you think Quarter Sawn, think GTL Lumber!<br />

Manufacturing premium quality creates structural integrity, sustainability and<br />

highlights the natural beauty of Quarter Sawn lumber.<br />

Choose GTL for your Appalachian Oak and Poplar! Give us a call today!<br />

44 OCTOBER <strong>2022</strong> n NATIONAL HARDWOOD MAGAZINE www.RealAmerican<strong>Hardwood</strong>.org<br />

www.RealAmerican<strong>Hardwood</strong>.org<br />

OCTOBER <strong>2022</strong> n NATIONAL HARDWOOD MAGAZINE 45

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!