palletcentral.com PalletCentral • September-October 2019 33
As noted earlier,
hardwood sawmill operators
are taking steps to survive
today's highly challenging
market conditions. However,
many are in financial distress
and are approaching a
decision point: whether to
continue operating at a loss
or to shut down, either
temporarily or permanently.
The last time the
hardwood sawmill industry
faced similar circumstances
– during the Great Recession – Eastern U.S. hardwood production
declined more than 40% in three years (2006 through 2009).
Unless the situation soon
changes for the better,
further contraction in
hardwood production is
almost certain.
Supplies of hardwood
pallet cants and lumber are
now meeting or exceeding
demand in much of the
Eastern U.S. However,
availability will likely
tighten back up soon.
Wooden pallet and
container manufacturers
should consider this probability in weighing purchasing decisions
in the months ahead.
PC
60" up to 96" wide capacity
DISMANTLE MORE PALLETS PER BLADE.
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PERIOD.
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765.228.6775 bkirkaldy@woodmizer.com
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Hardwood Market Report (HMR) has provided weekly price and market information on North American hardwood lumber and lumber products continually since 1922.
Recognized as the authoritative source of data and market analysis, HMR is circulated throughout the world in print and via Internet at www.hmr.com. For more information,
email: David Caldwell, Associate Editor, at david@hmr.com; Judd Johnson, Editor, at judd@hmr.com; Andy Johnson, Associate Editor, at andy@hmr.com.