Content about China

November 10, 2014

A price index of lumber and panels used in actual construction for Nov. 7, 2014

October 24, 2014

Whirlpool Corporation has completed its acquisition of a 51% majority stake in Hefei Rongshida Sanyo Electric Co., Ltd., a Chinese home appliances manufacturer.

September 29, 2014

The latest report from Wood Resource Quarterly points to a busy six months for the softwood lumber trade, with global shipments up 7% year-over-year in the first half of 2014.

Also indicated is an increase in shipments for most of the major exporting countries (with the exception of New Zealand). Roughly one-third of the global lumber output is traded internationally.

September 18, 2014

Haier is getting a little help from a friend to boost the energy efficiency of its refrigerators in China. The appliance manufacturer will be leveraging Honeywell's Solstice Liquid Blowing Agent for its low global warming potential of 1 -- 99.9% lower than the common blowing agent HFC-245fa.

May 29, 2014

[The following letter is a response to “NRF sees ‘made in USA,’ even in imports,” which appeared in the May 28 HCN Daily.] 

"Is the NRF trying to make us believe even though a product comes in from China, it's really to be considered a U.S.-made product because it has 'some' U.S. content?  That's stretching the truth.

April 10, 2014

Orlando, Fla. -- James Gillula said he expects the United States unemployment rate to fall below 6.5% by mid-year. He cautioned that a slowdown in China could impact the U.S. economy. And he expects the home improvement industry to recoup pretty much all of its weather-related losses from the hash winter.

Those were some of the macroeconomic ideas supplied by Gillula during the 2014 Home Improvement Research Institute Spring Conference held here April 10. 

April 2, 2014

Around the globe, sellers from country A who promote their products as “Made in country A” are quick to point out that country A products are known for their quality, even by buyers from country C.

Let’s call it “the universal theory of country-of-origin quality,” and it was on full display at the recent Internationale Eisenwarenmesse (International Hardware Fair) in Cologne, Germany.

February 3, 2014

A price index of lumber and panels used in actual construction for Jan. 31, 2014

*Western - regional species perimeter foundation; Southern - regional species slab construction.

December 26, 2013

South Deerfield, Mass.-based Yankee Candle is recalling a Candle Ring – Pine Berry product. The candle rings' synthetic foliage and berries are flammable, posing a fire hazard, according to an announcement from the Consumer Product Safety Commission.

The product was manufactured in China. No injuries or incidents were reported.

November 22, 2013

Valspar has agreed to provide its Aquaguard waterborne coating for Maersk Container Industry's shipping containers via a long-term supply agreement.

“Maersk is a global leader in container-industry sustainability, and we are privileged to partner with them on this innovative coatings solution,” said Roeland Polet, Valspar SVP, Global Industrial. “This is an important step, and we proudly put our 60-plus years of waterborne coatings expertise forward as a cost-effective, sustainable solution.”

November 5, 2013

3M Company is expanding its presence in the Asia-Pacific region via two new manufacturing facilities for its window film business.

The facilities, located in China and Singapore, will help meet the growing demand for the company's automotive, residential and commercial window films.

October 18, 2013

“What’s going on with China?” is a typical question among North American lumber buyers as they try to calculate the next move in their markets, especially in spruce-fir-pine. Wholesalers ask the question because, unlike those times when their customers are obviously looking to replenish stocks, there is no “feel” for when Asian customers will enter the market to purchase additional volumes. It just happens. Subsequently, lumber availability can dry up in a matter of minutes, and prices can leap when they appear most vulnerable.

October 18, 2013

“What’s going on with China?” is a typical question among North American lumber buyers as they try to calculate the next move in their markets, especially in spruce-fir-pine. Wholesalers ask the question because, unlike those times when their customers are obviously looking to replenish stocks, there is no “feel” for when Asian customers will enter the market to purchase additional volumes. It just happens. Subsequently, lumber availability can dry up in a matter of minutes, and prices can leap when they appear most vulnerable.

October 1, 2013

The Toro Company has completed its acquisition of Xiamen Xiangfeng Water Saving Equipment Co., Ltd., a Xiamen City-based irrigation products manufacturer.

The strategic move seeks to strengthen Toro's position in China, which is a major growth market for micro irrigation. The company also recently built a micro irrigation manufacturing facility in Romania.

September 23, 2013

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August 15, 2013

Whirlpool has entered into agreements to become a majority shareholder in Hefei Rongshida Sanyo Electric Co., a leading home appliances manufacturer based in Hefei, China.

Through this transaction, a Whirlpool subsidiary will acquire all shares currently owned by Sanyo Electric Co. and Sanyo Electric Co. (China), and purchase new Hefei Sanyo shares via a private placement. 

July 29, 2013

A price index of lumber and panels used in actual construction for July 26, 2013

July 10, 2013

Is there a clear way out of your building in case of an emergency? Do you know where all the exits are in case your first choice is blocked or too crowded?

The U.S. Occupational Safety and Health Administration (OSHA) has issued a national memorandum on exit routes, directing inspectors to carefully examine whether employers have provided and maintained an adequate means of exit from work areas, the agency announced on June 17, 2013.

July 1, 2013

A price index of lumber and panels used in actual construction for June 28, 2013

June 10, 2013

 

A price index of lumber and panels used in actual construction for June 7, 2013

May 20, 2013

A price index of lumber and panels used in actual construction for May 17, 2013

May 6, 2013

The market for LED lighting is expected to double, from 16 million units in 2012 to a forecasted 33 million in 2013, and will nearly triple by 2016, according to the NPD DisplaySearch “LED Lighting Market and Forecast Report.”

April 26, 2013

Citing an electric shock hazard due to defective wiring, chandeliers made in China are being recalled.

Currey & Company of Chico, Calif., announced a recall of 10 models of its chandeliers.

Defective wiring can conduct electricity to the Chinese-made chandeliers' metal parts, posing an electric shock hazard to consumers, according to a release from the U.S. Consumer Product Safety Commission.

April 5, 2013

San Diego-based WD-40 Co. reported net income of $10.5 million in the second quarter, down 1% compared with the previous year.

San Diego-based WD-40 Co. reported net income of $10.5 million in the second quarter, down 1% compared with the previous year.

Net sales for the quarter ended Feb. 28 increased 1% to $86.7 million.

Gross margin was 50.9% in the second quarter compared with 49.0% in the same quarter last fiscal year.

March 12, 2013

The Toledo, Ohio-based company says the purchase will help it serve the fastest-growing glass fiber region in the world.

Toledo, Ohio-based Owens Corning has announced a deal to purchase a bushing facility in China. 

Accoding to Owens Corning, the purchase provides a footprint to serve the fastest-growing glass fiber region in the world.