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FOREST PRODUCTS MARKET NEWS - JULY 2003 |
| Furniture Manufacturers May Seek Protection from Chinese Imports | |
| On July 15, a group of 15 U.S. based furniture manufacturers announced their plan to file antidumping petitions this fall with the U.S. Department of Commerce and the International Trade Commission to address a surge of imported wood bedroom furniture from China. The group, formally called the American Furniture Manufacturers Committee for Legal Trade, stated that they account for over 25 percent of U.S. production of wooden bedroom furniture. Between 1999 and 2002, imports of these products from China increased from $170 million to $818 million. Many domestic furniture manufacturers have had to reduce work forces, close plants, and in some cases, relocate manufacturing to China and Southeast Asia. According to the Department of Labor, the U.S. wood furniture industry's labor force decreased 25 percent over the last three years. |
| Last modified: Friday, January 19, 2007 |