National Hardwood Magazine - February 2011

Dwight Lewis Co., Inc.

Dwight Lewis Co., Inc. Hillsgrove, PA 18619 • Phone 570-924-3507 FAX 570-924-4233 Kilns • Export Preparation Container Loading Company Owned Timberland 3rd Generation Since 1941 Appalachian Hardwoods Specializing in Cherry 4/4 thru 16/4 Hard & Soft Maple Red & White Oak National Hardwood Lumber Association Certified Hardwood Forest Foundation Educator Scholarship WWW.HARDWOODFOREST.ORG “The Hardwood Forest Foundation’s scholarship program has helped further my college education. I look forward to paying the Foundation and the hardwood industry back by teaching the truths surrounding the forests and the trees.” —Connie Jamieson, 2006 Scholarship Recipient, Midway College Scholarship Recipients Receive ,000! REQUIREMENTS INCLUDE: • Minimum of 2.5 GPA • Senior in education program • Sponsored by a Foundation member To download an application and view deadline information, visit: www.hardwoodforest.org Hardwood Forest Foundation 6830 Raleigh LaGrange Road Memphis, TN 38134 QUEBEC TRENDS - Continued from page 8 to struggle to source some items. Buyers were being cautious about purchasing Red Oak as some anticipated further price declines for this species. Flooring manufacturers had also reduced their Red Oak flooring production. The seasonally adjusted annual rate of housing starts was 187,200 units in November 2010 according to Canada Mortgage and Housing Corporation (CMHC). This is up from 167,800 units in October of that year. “Housing starts moved higher in November primarily due to a strong increase in urban multiple starts in Ontario,” said the Chief Economist at CMHC’s Market Analysis Centre. “The increase in housing starts in Ontario in November was more than enough to offset declines in all other regions of the country.” The increase in the level of multiple starts recorded in Ontario in November relative to October was attributed to the start of a number of major apartment projects located mainly in the Toronto area. Looking ahead into 2011, housing starts will gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year. The seasonally adjusted annual rate of urban starts increased by 14.6 percent to 163,100 units in November. Urban multiple starts went up by 20.9 percent in November to 101,800 units, while single urban starts moved up by 5.5 percent to 61,300 units. Multiple unit starts went up 29,900 units from October to November in Ontario, while it remained relatively stable in the Prairie Region and decreased in other regions. November’s seasonally adjusted annual rate of urban starts increased by 82.8 percent in Ontario. Elsewhere, urban starts decreased by 24 percent in Atlantic Canada, by 21.3 percent in British Columbia, by 15.2 percent in Quebec and by 1.5 percent in the Prairie Region. Rural starts were estimated at a seasonally adjusted annual rate of 24,100 units in November. • ONTARIO TRENDS - Continued from page 8 “The global economic recovery is proceeding largely as expected, although risks have increased,’’ the statement said, citing renewed concerns that European debt woes will spill into global financial markets. The bank said demand in the U.S. remains weak, and even generally robust emerging markets such as China and India are seeing a deceleration of economic activity. “The recovery in Canada, in the second half of 2010, appears slightly weaker than the bank projected largely as a result of falling exports,” it added. “This underlines a previously identified risk that a combination of disappointing productivity performance and persistent strength in the Canadian dollar could dampen the expected recovery of net exports.’’ Canada’s annual inflation rate slowed more than expected in November 2010 from a two-year high in October, providing relief for the central bank as it seeks to keep interest rates low to support the still-fragile recovery. The Consumer Price Index edged up 0.1 percent in the month for an annual rate of 2 percent, Statistics Canada said. That was down from 2.4 percent annual inflation in the previous month and below the market forecast of 2.2 percent, pushing the Canadian dollar to a session low. Overall, Statistics Canada’s leading indicator index in November 2010 was up 0.3 percent versus October, the same month-to-month percentage climb as in the period before. Canada’s third quarter GDP growth was only 1.0 percent. It fell below the U.S. level (+2.5 percent) for the first time since 2009’s third quarter. 56 Hardwoods...A Renewable Resource

ONTARIO TRENDS - Continued In November 2010, the index recei ed a particular boost from the housing sector (+2.0 percent), as both existing home sales and new home starts stabilized after faltering in the middle months of 2010. Canada will be monitoring inflation as well for a too-rapid advance. With third quarter growth in Canada weaker than in the U.S. (+1.0 percent annualized), the Bank of Canada will be uncomfortable with any thought of having to resume interest rate hikes. • Modern Cross Circulation Kilns • Quality Millwork 10,000,000 BF Air Dried Yard P.O. BOX 909 LONDON, KENTUCKY 40743-0909 PHONE (606) 864-7375 FAX: (606) 864-7355 WEBSITE: www.chaneylumber.com SALES: Jim Baker - Bryan Gentry Weʼd appreciate your inquiries when you need quality kiln dried Appalachian Hardwood lumber in the species we specialize in which are: 4/4 & 5/4 Red and White Oak; and 4/4 through 8/4 Poplar that are all in #1 Common up through the higher grades. ALSO OUR BUSINESS IS CUSTOM KILN DRYING 600,000 BF Kiln Capacity 2,500,000 BF Dry Storage 1,400,000 Air Dried Shed Capacity OBITUARY Anthony J. Stillitano Champion, Pa.—Anthony J. Stillitano, 78, of New Stanton, died recently. He was born Monday, Dec. 12, 1932, in Pittsburgh, son of the late Philip Stillitano and the late Theresa Piccolina Stillitano. He was a Veteran of the Korean War serving in the U.S. Marines as sergeant. He was a member of Holy Cross Church, Youngwood. He worked as a vice president of Hardwoods Division for Babcock Lumber, Champion, Pa. He is survived by: his wife, Mary Frances (Susie) Aul Stillitano; six children, Anthony J. Stillitano and his wife, Kim, of New Stanton; Carol J. Goodlin and her husband, William, of Mt. Pleasant; Patti Ann Stepinsky and her husband, Mike, of West Newton; Philip Allen Stillitano, of Hong Kong; Joanne Marie Beal and her husband, Thomas, of Wirtz, Va.; and Susan Frances Stillitano, of New Stanton. Also, eight grandchildren, David Bush and his wife, Beth; Billy Goodlin and his fiancée, Candi Lutton; Jason Goodlin; Tom Beal; Jeffrey Bullock; Kattie Beal; Michael Stepinsky and Matt Stepinsky; one step grandchild, Mitchell Wade; four great-grandchildren; two brothers, Carl Stillitano and his wife, Mary Ann, of Monroeville, and Philip Stillitano and his wife, Betsy, of Canal Fulton, Ohio; sister, Theresa Silvestre, of Pittsburgh; and a number of nieces and nephews. • Miller Publishing Corporation Serving the Forest Products Industry Since 1927 www.millerpublishing.com P.O. Box 34908 ~ 1235 Sycamore View, Memphis, TN 38184-0908 (800) 844-1280 or (901) 372-8280 • Fax: (901) 373-6180 Miller Publishing proudly serves the woodworking industry with the following publications and online directories: National Hardwood Magazine...................................................................www.nationalhardwoodmag.com Import/Export Wood Purchasing News .................................................www.woodpurchasingnews.com Softwood Forest Products Buyer........................................................................www.softwoodbuyer.com Imported Wood Purchasing Guide..................................................www.importedwoodpurchasing.com Forest Products Export Directory ...........................................................www.forestproductsexport.com Dimension & Wood Components Buyer’s Guide.........................www.dimensionwoodcomponent.com Hardwood Purchasing Handbook..................................................www.hardwoodpurchasinghdbk.com Greenbook’s Hardwood Marketing Directory...............................................www.millerpublishing.com Greenbook’s Softwood Marketing Directory.................................................www.millerpublishing.com Forest Products Stock Exchange .......................................................................www.forestproductsstockexc.com ~Please visit us online for more information about our publications~ FEBRUARY/2011 57