Blog

Cabinet and Furniture spur demand for High Pressure Laminates

April 2016

According to the Decorative Laminates study by the Freedonia Group, the demand for high-pressure laminates in the Unites States is projected to increase over the next four years. Decorative surfaces are in high demand for domestic manufacturing of cabinets, furniture, retail fixtures, and wall paneling. There is an expected 2.5% growth annually, reaching 11.6 billion square feet by 2020, approximately a $6.8 billion dollar increase. The cabinet market is projected to have the most gains in the use of decorative surfaces.

For more information, please visit: Freedonia Group

STF is Taking Notes

March 2016

Staying in tune with today’s design demands, Synergy Thermal Foils is adding two new colors: Libretti and Baritone. These two designs will help liven up any project and will leave your customers overjoyed with the finished project.

Baritone

Baritone

Libretti

Libretti

 

 

 

 

 

 

 

U.S Construction Spending in the Trillions of Dollars

March 2016

The U.S Census Bureau of the Department of Commerce announced U.S construction spending in January was estimated at a seasonally adjusted annual rate of $1.14 trillion. A 1.5% increase above the revised December estimate and 10.4% higher than the comparable month in 2015. Residential construction was nearly even at $433.2 billion and nonresidential totals increased 1% to $398.2 billion over December. Private construction spending rose 0.5% to $831.4 billion over December 2015.

Home Improvement Retailers Report Fourth Quarter 2015 Results

March 2016

The world’s two largest home improvement retailers reported fourth quarter 2015 increases in net earnings.

The Home Depot announced fourth quarter 2015 sales of $21 billion, an increase of 9.5% from the comparable period in 2014. Year-end sales were at $88.5 billion, up 6.4% from 2014 fiscal year. Annual earnings per diluted share in fiscal 2015 were $5.46 compared to $4.71 per diluted share in 2014, a 15.9% increase.

Lowe’s Companies reported net earnings of $11 million for the fourth quarter ending in January 29. Quarterly sales increased to $13.2 billion, a 5.6% increase. Fiscal year net earnings were $2.5 billion and annual net sales increase 5.1% to $59.1 billion.

Furniture Shipments Edge Upward

March 2016

According to a monthly survey of furniture manufacturers and distributors, U.S furniture factory orders have increased 1% in December 2015 over the same period in 2014.  One-half of participants reported increases in December down slightly from the previous month. Overall in 2015, orders rose 4% over 2014.

The survey reported 47% of the participants had an increase in shipments of 5% over December 2014 increased shipments. Year-to-date shipments were up 6% over 2014.

For more information please visit:  Smith Leonard

A Trio of Oaks

March 2016

STF is proud to announce three new EXCLUSIVE designs: Silverwood, Barnwood and Smokewood.

Today’s design trends forego the traditional maple and cherry and are using oak inspired designs to produce breathtaking cabinetry. Our three latest additions are exceptional matches to Uniboard’s Silverwood (K06), Barnwood (K05) and Smokewood (K04). Our oak design features subtle cracks and deep texture providing an authentic and harmonious impression. Use any of these designs to help create a texture-on-texture contrast design or combine it with white or grey solid cabinets to construct a flawless accent piece.

Barnwood

Barnwood

Silverwood

Silverwood

Smokewood

Smokewood

 

 

Heating up just in time for spring

February 2016

As we anxiously await for the end of winter and for warmer days, Synergy Thermofoils introduces three new designs: Boardwalk, Beachwood and Summer Breeze. Beachwood and These colors will warm up any project leaving all your customers beaming. The atching TFL is available from Tafisa and American Laminates and the matching HPL is available from Arborite.

beachwood boardwalk summerbreeze

 

 

 

 

 

 

Beachwood                                  Boardwalk                              Summer Breeze

Cabinet Manufacturers Sales Up 8.5%

February 2016

According to the Kitchen Cabinet Manufacturers Association (KCMA) cabinet manufactures reported sales totaling $6.5 billion 2015, up 8.5% from 2014. Notably Masco’s cabinet segment sales reached $1.025 billion, an increase of 3% from 2014.

Additionally wood component sales within the RV industry leap 31%. Patrick Industries reported $248.7 million in sales up from $189.6 million during the same period in 2014.

MDF- Weyerhaeuser and Plum Creek Merges & Proteak begins MDF production

February 2016

Weyerhaeuser shareholders have approved the merger with Seattle based Plum Creek Timber Company. The pending merger was announced back in November 2015 is expected to be completed in early March.

Proteak MDF plant begins production in Tabasco, Mexico. Headquartered in Mexico City, Mexico, Proteak announced that the new plant’s annual capacity will be 280,000 m³.

Canada: Building Permits on the Rise for December 2015

February 2016

Canadian building permits rose 11.3% to $6.9 billion in December. Higher construction intentions for multi-family housing lead the advance in building permits for December. The value of permits issued for multi-family housing rose to $2.3 billion in December, a 39.1% increase following a 33.8% decline in November. Quebec, Ontario and British Columbia lead the reports of higher construction intentions. The value of single-family housing decreased 0.1% from November, remaining at a stable $2.3 billion for the fourth consecutive month.

Overall for 2015 the value of building permits totaled $85.0 billion, unchanged from 2014. Residential building permits were up 4.4% from the previous year to $53.2 billion in 2015. Non-residential sector declined 6.3% from 2014 to $31.8 billion in 2015.

canada buildings

U.S: New Residential Sales in December 2015

February 2016

Sales of new single-family housing in December 2015 increased 10.8% to 544,000 over the revised November rates of 491,000 according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is a 9.9% increase from the December 2014 estimate of 495,000.

Three years and going strong!

January 2016

This month STF is featuring Marseille and Rustik on its three year anniversary. Introduced back in January 2013, Synergy Thermal Foils became the only supplier in North America to stock these designs. Over the past three years these designs have taken off and now have matches with a variety of companies including Stevens Industries, Dixie-Funder, KML, Specialty Laminates, American Laminates, and Duramar Interior Surfaces.

Marseille

Rustik