Idaho Veneer Company Will Be Sold

After 67 years, the Malloy family has decided to sell Idaho Veneer Company in Post Falls, ID. The site, originally in the middle of farmland, is now in what is considered to be the center of downtown Post Falls.

 

Resource:

Idaho Veneer Announcement (PDF)

 

Photo © Google

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EPA Changes Formaldehyde Fees

On April 17, the EPA announced that composite wood panels regulated under TSCA Title VI for formaldehyde emissions will be exempt from the cost-sharing requirements for EPA's risk characterization of formaldehyde.

 

Photo © Capital Testing (Formerly HPVA Laboratories®)

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USTR Excludes Some Chinese Cabinets From Tariffs

The United States Trade Representative has announced more tariff exclusions on Chinese products, including glass-fronted wood cabinets with specific dimensions.

 

Resource:

Woodworking Network: USTR excludes more Chinese products from tariffs, including cabinets

 

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U.S. Delays Many Tariff Payments

The U.S. government announced that it will allow companies to defer paying tariffs on many imported goods for 90 days. The deferral doesn't apply to antidumping or countervailing duties or to punitive tariffs on Chinese goods.

 

Resource:

The Fence Post: Trump deferral of some tariffs leads to call for more

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Furniture Importers Fined $5.2 Million For Evading Duties

Furniture importer Blue Furniture Solutions and its successor company will pay more than $5 million for violating the False Claims Act. The U.S. government alleges that CEO Yingqing Zeng and CFO Alex Cheng conspired to avoid paying millions of dollars in antidumping duties and customs fees by describing wood furniture imported from China as "metal" or "non-bedroom" furniture.

 

Resources:

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