The Cutting Edge™ June 2005
Read the June issue of The Cutting Edge online, OR print the attached PDF
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here, and then hit PRINT in your web browser. Or you can email jconey@fernley.com for
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Business Briefing
What's Happening in the Business World?
By Art Raymond
This month Business Briefing reports a flurry of business and economic stories that will impact your customer base in the wood products industry...
Public Policy
Taxing the American Dream
By John Satagaj
Anybody who has spent some time with me knows that I think the estate tax is a dumb idea. The American dream is to work hard and be successful--then we take it all way with a tax! As we have been reporting, it does appear as though the Senate may be inclined to do something less than full repeal. I have been asked many times about the various options: increase the basic exemption, lower the estate tax rates, or create a small business asset exemption...
International Business Development
Global Trade Trends for Wood Products
By Harold Zassenhaus
WMMA now has access to the official import and export statistics of 47 of our major trading partners. The 47 countries, I estimate, account for over 90% of trade in wood products to include, furniture, rough wood, planned sawn wood, mouldings as well as doors and windows. This article will highlight some of the trends in wood products trade...US Import and Export Trade Statistics
By Harold Zassenhaus, hzassenhaus@fernley.com
We show a summary of major trends of US exports and imports for the first quarter of 2005. Statistics are reported for all woodworking equipment and its three component parts: machines, cutting tools and, accessories and parts...
Education & Scholarship
WMMA Scholarship Student Tim Horn Recaps Scholarship Experience, Gives Update on Current Endeavors
Tim Horn was an enthusiastic WMMA Scholarship recipient from 2002 to 2004, as a student at North Carolina State University (NC State). He continues to be involved with WMMA member companies through their affiliation with NC State, where Tim recently received his Bachelors Degree in Wood Products, and is beginning the Masters program for manufacturing engineering. We are pleased to be able to keep tabs on Tim and update our members on this eager young man progressing through his career...
Industry Information
June 2005 Quarterly Economic Outlook Report
Since 2003, WMMA has offered members Quarterly Economic Outlook Reports through a partnership with a leading economic forecasting firm - the Institute for Trend Research (ITR). These services provide members with valuable tools that assist them with making important business planning decisions. The Report enables you to stay at least one-half business cycle ahead in the business planning process allowing you to appropriately plan for the ups and downs in the marketplace...
Member News
Do You Have a Buy U.S.- Made Story to Share?
WMMA members: Have your customers told you of their dissatisfaction with like-products they purchased from foreign companies? You are not alone! Share your proud "Buy U.S.-Made" story with WMMA, and we will show you the competitive advantage American products have over foreign competitors. Simply submit the account of your customer's praise to Jean Coney at jconey@fernley.com.Multicam - Proud WMMA Member and U.S. Manufacturer
When MultiCam first began to build CNC routers almost 20 years ago, our main focus was to help small shops become competitive through automation. To accomplish this, we had to design a system that was reliable, easy to use, and cost effective. As MultiCam's success grew, automation soon became one of the main ingredients allowing us to compete in the world market...Members Only Bulletin Board and Job Bank Expand Your Reach
WMMA's online Bulletin Board has made it easier for members to gain exposure and increased the possibilities of response to questions you have about products, services, human resources issues, trade show marketing, or any other matter of interest to your company. Members can also post open positions at your company to our website in search of qualified, experienced workers, through our online Career Center...
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