PRODUCT GUIDE

UPCOMING EVENTS

June 19-20, 2018
WMMA Public Policy Committee Meeting and DC Fly-in
Washington, DC

August 22-25, 2018
International Woodworking Fair (IWF 2018)
Georgia World Congress Center
Atlanta, GA

October 1-3, 2018
WMMA Regional Networking Meeting
Loews Minneapolis Hotel
Minneapolis, MN

LATEST NEWS FROM NAM

NAM Monday Economic Report — April 23, 2018
Real GDP grew 2.9 percent at the annual rate in the fourth quarter, boosted by strength in consumer and business spending but weighed down by inventory spending and net exports. Read more ...

Global Manufacturing Economic Update — Third Quarter
The third quarter NAM 2016 Manufacturers' Outlook Survey shows manufacturers continue to cope with policy headwinds. Read more ...

INDUSTRY NEWS

Woodworking Network
Axalta expands wood finishing capability

Philadelphia, Penn.  – Axalta said it has increased the manufacturing capability for its global industrial business by investing in the 56,000-square-foot Northern Stacks complex in Fridley, Minnesota. Axalta will use the facility for research and development, focused application work for its Industrial Wood coatings business, and warehousing and coatings production across its focused business segments. The building will begin production trials next month.

Since its acquisition in June of 2017, Axalta said its wood business has thrived, and the Northern Stacks complex will add more than 3 million gallons of capacity to support increasing customer demand throughout the Midwest. Upon opening, Axalta will immediately dedicate 20,000 square feet to production space for wood building products.

"Our wood business is investing in the necessary resources to meet the customer, operational and product development needs of both today and the future,” said Wade Arnold, Axalta vice president, Industrial Wood Coatings. “This complex is a sign of our commitment to being a proactive and innovative partner to our customers.”

Posted: 05/18/2018

Canada's Conifex lumber expands in U.S. with multiple sawmill acquisitions
FLORIDA and ARKANSAS - As part of a major expansion in the U.S., British-Columbia-based Conifex Timber announced an agreement with investors Blue Wolf Capital (BW) to purchase sawmills in Florida and Arkansas - representing a combined dimension lumber capacity of 370 million board feet.
 
Florida's Suwannee sawmill and Arkansas' Caddo River sawmill - the acquired operations - both primarily produce Southern Yellow Pine softwood lumber and specialty products like decking. Each has an annual dimension lumber capacity of around 185 million board feet.
 
The agreement will increase Conifex's annual capacity by 50 percent - reaching upwards of 1.1 billion board feet of lumber produced per year. Its dimension lumber platform in the Southern U.S. will effectively double, reaching around 550 million board feet. That represents about 50 percent of the company's total lumber output. 
 
The acquired mills also add premium SYP decking products to the Conifex arsenal, along with long-standing customer relationships in Florida and the southern and eastern U.S.
 
"This is a highly strategic and transformative transaction for Conifex," said Conifex president and CEO Ken Shields. "It brings together two successful growth-oriented companies to create a leading SYP lumber producer. The Suwannee and Caddo River mills significantly increase our presence in the U.S. South, which we have identified as an important strategic area with proximity to high-quality and abundant fibre supply in addition to some of North America's fastest growing population centers and housing markets.
 
Both the Suwannee Mill and Caddo River Mill have had significant modernization projects completed in recent years. A $12 million modernization and optimization project was completed at the Suwannee Mill in 2017 and approximately $14 million of capital expenditures were completed at the Caddo River Mill in connection with its restart in May 2017.
 
The transaction is expected to close in the second quarter of 2018.
 
In early 2017, Conifex announced it would restart a state-of-the-art sawmill complex in El Dorado, Arkansas, the first of the company's facilities in the Southern U.S. The $80 million investment created 120 jobs. 
 
Headquartered in Vancouver, Canada, Conifex Timber Inc. was established in 2008 when it acquired its first idled sawmill in British Columbia. A second mill followed two years later as well as a biomass power plant that has been in operation since 2015.  The company has invested about $80 million in two Canadian sawmill complexes and related businesses as well as $100 million in its green power generation business, creating over 500 jobs. 
 
Conifex saw record results second quarter of 2017, with sales $116.4 million, and income of $14.8 million - 39 percent ahead of the 2016 period. And that's despite the $4.6 million the firm set aside for countervailing duties imposed by the U.S. on softwood lumber imports.

Posted: 05/18/2018


ASSOCIATION NEWS

Current News:

Industry Leaders Converge on Capitol Hill For Day of Advocacy
Leaders from the Wood Machinery Manufacturers of America, Woodworking Machinery Industry Association and Association of Woodworking & Furnishing Suppliers converged on Capitol Hill on June 21 to advocate for the most important policy needs of the industry. First-time attendee Dan Christensen, Pillar Machine, and WMMA Public Policy Committee member, talked about his experiences in this short video.

WMMA Announces winner of 2017 Baldwin Award at WIC17
WMMA awarded the 2017 Baldwin Award to Past President Jamison Scott during WIC 2017 in Rancho Mirage, CA. Scott, who serves as executive vice president of Air Handling Systems, a third generation family-owned business in Woodbridge, Connecticut, has a long history of service to the Association and to the industry as a whole. Click here to read more

Another Resource for Members of WMMA — Insurance. Click here to learn more about First Insurance Agency, Inc.

Hear what current WMMA members are saying about the valuable benefits and the many rewards of WMMA membership.

ANSI Update

The Cutting Edge, WMMA's monthly e-publication

Click here for the current issue.

Click here for past issues.

Press Releases

May 12, 2017 2017
WMMA Past President, Jamison Scott, Wins Baldwin Award

May 4, 2017 2017
2017 Board of Directors Announced

January 30, 2017
Dan Bond Selected as the Next Executive Director of WMMA

August 27, 2016
INTERNATIONAL WOODWORKING FAIR Double Digit Growth

August 12, 2016
WMMA Member TR Herzog Named Among Top 40 Under 40 Wood Industry Superstars

July 28, 2016
WMMA Announces First Regional Meeting

Press Release Archive

Member News

Click here to read news about our members.