U.S. Sets Preliminary Duties on Chinese Plywood

Washington, DC, March 1, 2013 -- The U.S. Commerce Department said it has established preliminary duties of up to 27% on imported plywood from China to cover subsidies for the companies that the Chinese government uses to help keep prices low.

U.S. plywood manufacturers in North Carolina, New York and Oregon, who formed the Coalition for Fair Trade of Hardwood Plywood, filed a petition last year asking for help. They are also seeking duties to cover "dumping" of product in the U.S. at prices over 300% below fair market value

The majority of importers will have to post a cash deposit estimated duties of either 22.63% or 27.16% in order to bring their products into the U.S.

The government's just-announced preliminary duties covered only the subsidy portion of the case. It will announce preliminary anti-dumping duties by the end of next month. A final decision on both types of duties is expected this summer.

The U.S. imported about $617 million of the hardwood and decorative plywood from China in 2011. The wood is used for flooring and other housing products.



Other Archived Articles

Wholesale Inventories Rise in February   Full Article
Washington, DC, April 9, 2014 -- U.S. wholesale inventories rose more slowly in February than in January, according to the Commerce Department.

Interest Growing in Home Purchase Mortgages   Full Article
Washington, DC, April 9, 2014 -- Mortgage application volume fell last week as refinancing interest declined, according to the Mortgage Bankers Association.

Knowles Named VP at Wood Firm PanTim   Full Article
Scarborough, ME, April 9, 2014 -- Rick Knowles has been appointed vice president, sales and marketing for PanTim Wood Products.

LEED Program Hits 3 Billion Foot Mark   Full Article
Washington, DC, April 9, 2014 -- The U.S. Green Building Council said that 3 billion square feet of green construction space has earned LEED certification worldwide.

Armstrong Raising Hardwood Prices   Full Article
Lancaster, PA, April 9, 2014 -- Armstrong said it will increase prices 4-10% in the U.S. and Canada on solid and engineered hardwood products effective June 9.

Mohawk Executives Get Double-Digit Raises   Full Article
Calhoun, GA, April 8, 2014 -- Mohawk CEO Jeffrey Lorberbaum got a 21.9% boost in his compensation last year.

InstaFloor Named Starnet Vendor Partner   Full Article
Bella Vista, AR, April 8, 2014 -- InstaFloor North America has recently been approved as an official Starnet Vendor Partner.

Job Openings Highest in More Than Six Years   Full Article
Washington, DC, April 8, 2014 -- Job openings rose by 300,000 to 4.17 million in February, the most in more than six years, according to the Labor Department.

Kennebec Lumber Signs Distributor Mr. Floor   Full Article
Solon, Maine, April 8, 2014 – Kennebec Lumber, parent company of Maine Traditions Hardwood Flooring, has signed an agreement with distributor Mr. Floor.

Bellavita Tile China Factory Gets ISO Certifications   Full Article
Carrollton, TX, April 8, 2014 -- Bellavita Tile said it has obtained ISO 9001 & 14001 certification for its wall tile factory in Tianjin, China.

Vacation Home Sales Surge in 2013   Full Article
Washington, DC, April 8, 2014 -- Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors.

Floor Focus Vision Design Award Winners Announced   Full Article
Chattanooga, TN, April 8, 2014 -- We are honored to announce the winners of the fifth annual Vision Design Awards. This award was created to celebrate the dynamic integration of flooring and architecture.

More Housing Markets Continue to Improve   Full Article
Washington, DC, April 7, 2014 -- Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity in March.

Home Prices Rise Nationwide in February   Full Article
Irvine, CA, April 7, 2014 -- CoreLogic reported that home prices nationwide, including distressed sales, increased 12.2% in February compared to February 2013.

Commercial Firm H.J. Martin Wins Dal-Tile Award   Full Article
Green Bay, WI, April 7, 2014 -- An increase in product sales by over 50% from the prior year has earned commercial contractor H.J. Martin the 2013 Dal-Tile ‘Platinum Award’ for the Midwest Region.

Mullican Products Featured in 'Flipping Boston'   Full Article
Johnson City, TN, April 7, 2014 -- Mullican Flooring has provided solid hardwood flooring for two episodes of “Flipping Boston.”

Florida Tile Opens Designer Showroom in Dallas   Full Article
Dallas, TX, April 7, 2014 -- Florida Tile has opened its newest designer showroom concept and warehouse, a 15,000-square-foot facility in Dallas.

Starnet Closing in on Carpet Recycling Goal   Full Article
Darien, CT, April 4, 2014 -- Starnet said its commercial carpet reclamation program said that as of the end of March its members had recycled more than 44.6 million pounds of carpet.

Greenbuild Set for Los Angeles in 2016   Full Article
Washington, DC, April 4, 2014 -- The Greenbuild trade show will move from San Diego to Los Angeles in 2016.

Economy Adds 192,000 Jobs in March   Full Article
Washington, DC, April 4, 2014 -- U.S. employers added 192,000 jobs in March, according to the Labor Department.