NEWS

Lumber Liquidators recently settled a $30 million class-action lawsuit with the Dana Gold group over its sales of imported Chinese flooring that failed to meet formaldehyde emission requirements. The settlement includes $14 million in cash and another $14 million in store-credit vouchers.

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Lumber Liquidators Discloses $30M Settlement

Scott Sandlin, Shaw's senior vice president of sales, competed in the Ironman race in Hawaii to raise money for St. Jude Children's Research Hospital. The race included a 2.4-mile swim, a 112-mile bike ride, and a full 26.2-mile marathon.

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Indonesian President Joko Widodo said that his country can take advantage of the U.S.-China trade war by promoting the Indonesian timber and furniture industries. Policies crafted to support his plan include value-added tax exemptions for logs and loosening certain licensing requirements of the timber legality assurance system (SVLK).

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The U.S. Department of Commerce announced the completion of its recent review and published the preliminary results which will continue the current countervailing duty rates for most Chinese exporters of hardwood plywood. A comment period will ensue.

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Decorative Hardwoods Association (formerly HPVA) eNews Volume XII, Issue XIX: TPCs Hit Choppy Seas: EPA Yanks Approvals For Chinese, Taiwanese TPCs | U.S. Plywood Producers Claim That Certifiers Give Imports A Pass | U.S. vs. China: Who Wins At Manufacturing Kitchen Cabinets?