The need for hardwood plywood in the institutional, educational and retail environment markets showed a promising level activity in 1Q/09, according to Oregon-based Timber Products.
Company vice president Roger Rutan said the first quarter of 2009 was stable in the institutional market for new projects and those nearing completion. With federal stimulus funds expected to be geared toward these facilities this year, he added, continued growth is anticipated.
“Scientific laboratory fixtures, millwork and cabinets for educational and commercial institutions, hospitals and special manufacturing facilities are still having some activity.”
Like the housing market, which varies from city to city, the hardwood plywood market is experiencing pockets of healthy activity, said Rutan.