Inflazyme - Competitors

Inflazyme Competition

Now Viewing Inflazyme's competition in: Timber Operations

Recent Developments

US Timber, Log Imports, Exports Declining - US timber and log imports declined 47 percent in the first four months of 2008 compared to the same period in 2007. Many experts cite weakness in the US housing industry and the falling value of the US dollar as key causes. US timber and log exports declined 7 percent during the period.

Number of US Housing Permits Declining - The number of building permits authorized in the US, an indicator of demand for wood products, declined 38.2 percent in May 2008 compared to May 2007: 10.7 percent in the Northeast; 40.1 percent in the Midwest; 56.9 percent in the South; and 37.7 percent in the West. Experts cite the large inventory of unsold houses and tight credit supply as key causes.

Law Bans Import of Illegally Harvested Wood - Congress passed an amendment to the Lacey Act that will ban the import, sale, or trade of illegally harvested wood and forest products. Experts say that the provision creates a new enforcement tool to stop unfair competition from importers of illegally harvested wood and the products made from that wood. US timber operators are likely to benefit from the legislation.

Competitive Landscape

Timber is harvested to make paper or wood products (mainly lumber and plywood). Residential construction and repair/remodeling account for nearly 70 percent of all lumber used in the US. Demand for paper is driven partly by the general health of the economy, which influences demand for office papers, cardboard boxes, newspapers, magazines, and tissue papers. Large logging companies can have a cost advantage over smaller ones through the use of more efficient (and more expensive) machinery, but logging is a very local activity, often without significant economies of scale.

Full Industry Overview For Timber Operations

Timber Operations Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US logging camps, an indicator for timber operations, is forecast to increase at an annual compounded rate of 6.7 percent between 2007 and 2012.

Logging Camp Production Growth Strong

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.