Particleboard – NE Forest Products http://neforestproducts.com/ Mon, 18 Oct 2021 19:40:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://neforestproducts.com/wp-content/uploads/2021/08/cropped-icon-32x32.png Particleboard – NE Forest Products http://neforestproducts.com/ 32 32 Over a million recycled mattresses in Connecticut https://neforestproducts.com/over-a-million-recycled-mattresses-in-connecticut/ https://neforestproducts.com/over-a-million-recycled-mattresses-in-connecticut/#respond Mon, 18 Oct 2021 18:43:49 +0000 https://neforestproducts.com/over-a-million-recycled-mattresses-in-connecticut/ Six years after enacting mandatory recycling of mattresses and box springs, more than a million of them have been deconstructed for reuse in Connecticut. As part of the “Bye Bye Mattress” program overseen by the Alexandria, Virginia-based Mattress Recycling Council, some 300 Connecticut transfer stations, retailers and other entities accept mattresses and box springs. New […]]]>

Six years after enacting mandatory recycling of mattresses and box springs, more than a million of them have been deconstructed for reuse in Connecticut.

As part of the “Bye Bye Mattress” program overseen by the Alexandria, Virginia-based Mattress Recycling Council, some 300 Connecticut transfer stations, retailers and other entities accept mattresses and box springs. New Haven, Cheshire, Orange, Fairfield and Westport are among the municipalities that organize free collections once or twice a year.

The non-profit Park City Green mattress recycling facility pays $ 2 for each mattress or box spring deposited directly at its facility on Iranistan Avenue in Bridgeport. Willimantic Waste also recycles mattresses at its Windham plant. Information can be found at ByeByeMattress.com.

MRC runs similar programs in Rhode Island and California, with combined collections exceeding 8 million units in all tri-states as of September. The non-profit organization reported an operating deficit of $ 5.4 million in 2019 on $ 49.3 million in revenue, according to its latest Internal Revenue Service report online. This followed a surplus of $ 9.8 million the year before.

Consumers fund the recycling program with a fee of $ 11.75 on the purchase of each mattress and box spring, up from $ 9 in 2020. Mattress drop-off is free at the vast majority of municipal transfer stations in Connecticut.


The MRC reported a 13% increase in Connecticut collections over a 12-month period through June, to more than 213,500 box springs and mattresses. This prevented some 3,800 tonnes of material from ending up in incinerators and landfills.

The materials are reused for carpet padding, insulation, air filters and steel products.

MRC is still working on a few issues in Connecticut collections, including mattresses that make their way to incineration plants like Wheelabrator Bridgeport, which burns trash to generate electricity and ash for landfill. Upon coming into contact with the garbage in the trucks, the mattresses are no longer suitable for recycling.


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Boise Cascade (NYSE: BCC) raised to “buy” from Zacks Investment Research https://neforestproducts.com/boise-cascade-nyse-bcc-raised-to-buy-from-zacks-investment-research/ https://neforestproducts.com/boise-cascade-nyse-bcc-raised-to-buy-from-zacks-investment-research/#respond Sat, 16 Oct 2021 22:03:41 +0000 https://neforestproducts.com/boise-cascade-nyse-bcc-raised-to-buy-from-zacks-investment-research/ Boise Cascade (NYSE: BCC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, Zacks.com reports. The company currently has a price target of $ 66.00 on shares of the construction company. Zacks Investment Research’s price target suggests a potential rise of […]]]>

Boise Cascade (NYSE: BCC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, Zacks.com reports. The company currently has a price target of $ 66.00 on shares of the construction company. Zacks Investment Research’s price target suggests a potential rise of 12.38% from the company’s current price.

According to Zacks, “Boise Cascade Company operates as a manufacturer of wood products and a distributor of building materials. The company manufactures engineered wood products, plywood, lumber and particle board and distributes wood products, such as decks, EWP, lumber, panels, panels particles and MDF. products. It operates primarily in the United States and Canada. Boise Cascade Company is headquartered in Boise, Idaho. “

Separately, the Goldman Sachs group began covering Boise Cascade shares in a research report on Thursday, July 15. They set a “sell” rating and a target price of $ 45 for the stock. Two analysts gave the stock a sell rating, two assigned a conservation rating, and two gave the company’s stock a buy rating. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $ 57.83.

NYSE BCC shares traded down $ 0.36 in Friday trading, reaching $ 58.73. The company had a trading volume of 386,182 shares, compared to its average volume of 378,139. ​​The stock has a fifty-day simple moving average of $ 55.62 and a two-hundred-day simple moving average of 59. $ 37. Boise Cascade has a minimum of $ 36.90 over 52 weeks and a maximum of $ 78.35 over 52 weeks. The company has a market cap of $ 2.31 billion, a price / earnings ratio of 4.01, a price / earnings-growth ratio of 0.36, and a beta of 1.98. The company has a quick ratio of 1.50, a current ratio of 2.35 and a debt ratio of 0.39.

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Boise Cascade (NYSE: BCC) last reported its results on Sunday, August 1. The construction company reported earnings per share (EPS) of $ 7.62 for the quarter, beating the Thomson Reuters consensus estimate of $ 4.87 per $ 2.75. Boise Cascade had a net margin of 7.93% and a return on equity of 66.14%. The company posted revenue of $ 2.44 billion for the quarter, compared to $ 2.06 billion according to analysts’ estimates. In the same quarter of last year, the company made earnings per share of $ 0.85. The company’s revenue for the quarter increased 96.6% compared to the same quarter last year. On average, analysts predict Boise Cascade will post 15.54 earnings per share for the current year.

Hedge funds recently changed their holdings in the company. Ameritas Investment Company LLC purchased a new position in Boise Cascade during the first quarter valued at approximately $ 26,000. Carolina Wealth Advisors LLC increased its stake in Boise Cascade by 18.7% during the second quarter. Carolina Wealth Advisors LLC now owns 1,417 shares of the construction company valued at $ 83,000 after purchasing an additional 223 shares during the period. PNC Financial Services Group Inc. increased its stake in Boise Cascade shares by 12.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,396 shares of the construction company valued at $ 141,000 after acquiring 264 additional shares during the period. Maverick Capital Ltd. purchased a new stake in Boise Cascade shares in the 1st quarter valued at approximately $ 146,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in the shares of Boise Cascade in the second quarter for a value of approximately $ 158,000. 91.06% of the shares are currently held by institutional investors.

About Boise Cascade

Boise Cascade Co is engaged in the manufacture and distribution of engineered wood (EWP) and plywood products. It operates through the Timber Products and Building Materials Distribution (BMD) segments. The Wood Products segment manufactures and sells engineered wood products, plywood, particle board, studs and ponderosa pine lumber.

Further reading: What is the Beige Book?

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Analyst Recommendations for Boise Cascade (NYSE: BCC)

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Landmark Ottawa library project faces the same conundrum as the rest of the construction industry https://neforestproducts.com/landmark-ottawa-library-project-faces-the-same-conundrum-as-the-rest-of-the-construction-industry/ https://neforestproducts.com/landmark-ottawa-library-project-faces-the-same-conundrum-as-the-rest-of-the-construction-industry/#respond Fri, 15 Oct 2021 21:37:36 +0000 https://neforestproducts.com/landmark-ottawa-library-project-faces-the-same-conundrum-as-the-rest-of-the-construction-industry/ Breadcrumb Links New Local News “There is no information in the market to suggest that prices are going down. In fact, they are still going up.” Author of the article: Joanne laucius Architectural drawings of the Ottawa Public Library illustrating the design of the future branch of the Ottawa Central Library. Photo by provided Content […]]]>

“There is no information in the market to suggest that prices are going down. In fact, they are still going up.”

Content of the article

How can the cost of building a new super-library in Ottawa soar by $ 141 million?

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Among the factors: a devastating winter storm in Texas, construction stimulus programs in Asia and massive new distribution centers popping up across North America.

The perfect storm that swept through mundane renovation and construction projects also struck a landmark joint project between the Ottawa Public Library and Library and Archives Canada. Originally set at $ 192.9 million in 2018, the new library is now expected to cost $ 334.16 million.

The city received two bids to build the project: one from EllisDon and the other from PCL Construction. PCL’s bid was the lowest, but still represented an increase of $ 64 million.

Given the volatility of material and labor costs, PCL took a considerable risk by offering the city a firm price, said John DeVries, president of the Ottawa Construction Association.

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The 2016 cost estimate included a possible escalation of 10 percent, but actual construction inflation in Ottawa is currently over 65 percent, according to a report to the library’s board of directors.

“The bid price is a fixed price, so it will not increase. There is no information in the market to suggest that prices are going down. In fact, they continue to increase, ”said the Orleans council. Matthew Luloff, the chairman of the library board.

“Waiting for the prices to drop and relaunching the tender would result in a more expensive project and potentially no project at all if the general contractors did not come back to the table to bid on this project a second time. “

The City of Ottawa and Library and Archives Canada, which will share the building at 555 Albert Street, have embarked on an iconic project at a time when global markets are in turmoil, DeVries said.

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There are risks involved in large projects spanning multiple years, especially one-off projects like a new central library where items are custom-made, he said.

The design of the new bookcase incorporates exterior glass with a sintered pattern. This will help reduce glare, lower cooling costs, and lower the risk of bird strikes, giving the exterior a distinctive textured look. But the number of global manufacturers capable of producing glass for a project of this size is very limited, DeVries said.

Shortages and shortages of materials have been reported across all sectors of the construction industry.

The price of steel, for example, has gone from $ 600 to $ 800 a metric ton before the pandemic to $ 1,800 to $ 2,000 now, said JC LeBlanc, director of business development for Canam, based at Montreal, the largest steel manufacturer in North America.

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Last June, the Ottawa Construction Association hosted an industry roundtable to discuss the turmoil and price escalation in the materials market. Building large distribution centers, such as those built by Amazon, Costco and Walmart, is pushing steel prices up as consumers turn to online shopping, the roundtable said.

The issues affecting the Canadian construction industry are global. There is a global shortage of shipping containers and congestion at ports, which has delayed unloading and delivery. Government stimulus plans in Asia are boosting demand for building materials.

A winter storm in early 2021 affected petrochemical manufacturing in Texas. Factories had to be closed, pipes burst, and equipment and factories had to be rebuilt. This affected the supply of plastics, firestop materials and paint. The price of resin pipes has risen 100 to 200 percent, according to the roundtable.

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By the end of the spring, the North American drywall market was exhausted and there were a few instances in eastern Canada where the distribution network had no inventory of 5/8 ” drywall for sale to consumers. suppliers. This spring, plywood costs had doubled to $ 100 a sheet, and oriented strand board (OBS), a type of engineered wood similar to particle board, was more expensive than plywood.

Meanwhile, the construction industry is also struggling with labor shortages. DeVries predicts this will get worse as customers begin to demand vaccination policies for workers.

“Projects of this size have a number of subcontractors and subcontractors of subcontractors, each of whom needs a team dedicated to this project at the time their service needs to be delivered,” said Luloff.

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“First of all, it is increasingly difficult to hire in the trades these days, resulting in an increase in the cost of labor and the challenges of its supply. Second, the Ottawa construction market is very dynamic right now. All these teams are busy on other projects, which creates a supply and demand dynamic that drives up prices.

“Value engineering” seeks to achieve savings on project components, such as identifying alternative materials. A report to the library’s board of directors said $ 100 million in savings had been identified by re-examining materials in parts of the building.

The city will share the building with Library and Archives Canada, which will contribute $ 136 million compared to the initial estimate of $ 70.6 million.

The Government of Canada is committed to its share of the project and is confident it will move forward, Library and Archives said in a statement.

“Library and Archives Canada has taken the necessary steps to secure additional funding from the Government of Canada to respond to increased pressures related to COVID-19 and the overheated construction market in the National Capital Region. “

This project is not a condo box or tower, DeVries said.

“Architects do beautiful, creative things. Then it’s up to the building industry community to determine if they can build it, ”he said. “Constructability is part of the sticker shock.”

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Investigators Unearth Woman’s Remains Found in 1988 in Lower Yakima Valley | The missing https://neforestproducts.com/investigators-unearth-womans-remains-found-in-1988-in-lower-yakima-valley-the-missing/ https://neforestproducts.com/investigators-unearth-womans-remains-found-in-1988-in-lower-yakima-valley-the-missing/#respond Fri, 15 Oct 2021 01:00:00 +0000 https://neforestproducts.com/investigators-unearth-womans-remains-found-in-1988-in-lower-yakima-valley-the-missing/ Authorities have exhumed the remains of a woman found in the lower Yakima Valley in 1988 to obtain her DNA in hopes of identifying her and returning her to her family. Investigators met Thursday morning at the woman’s grave at West Hills Memorial Park, west of Yakima. They call her Parker Doe because she was […]]]>

Authorities have exhumed the remains of a woman found in the lower Yakima Valley in 1988 to obtain her DNA in hopes of identifying her and returning her to her family.

Investigators met Thursday morning at the woman’s grave at West Hills Memorial Park, west of Yakima. They call her Parker Doe because she was found near the unincorporated town of Parker. A horseman discovered his remains on February 16, 1988, near a dirt road that leads from Parker Bridge Road to the Sunnyside Diversion Dam on the Yakima River.

She is believed to be Indigenous, or possibly Latina, and was around 30 to 39 years old, was around 5 feet tall, and weighed less than 120 pounds. The small sized clothes were still on Doe’s frame and his teeth showed no signs of dental work. Authorities estimated that she had been outside for four to ten months before being found.

They don’t know how she died. Yakima County Coroner Jim Curtice said the cause of death was undetermined but it was a suspected homicide as his skeletal remains were found near where two other women had. been stabbed to death several months before Doe’s discovery. Due to drastic advances in DNA technology, investigators are closer than ever to being able to identify Doe.






Shortly before the 10 a.m. exhumation began, Gregg Kiona of Yakama Nation Cultural Resources and Emily Washines, Yakama Nation historian and advocate for missing and murdered Indigenous peoples and their families, joined investigators around from Doe’s grave. Dozens of Indigenous people who have gone missing, murdered and mysteriously died on and around the 1.3 million acre Yakama Reservation over the decades. Many cases go unresolved.

Media representatives standing at a distance stopped recording as Kiona sang a Yakama song in honor of Doe. Whether she was indigenous or not, it was important that they were there, said Washines, who wore traditional badges.

“Our songs are our way of communicating and of praying for the next steps,” Washines said.

Curtice and Peter Orth, senior resident agent supervising the FBI’s satellite office in Yakima, had already been in West Hills for about two hours. The FBI will reimburse Yakima County for the cost of Doe’s exhumation, which Curtice said was $ 3,983. The FBI is working with Curtice and the Yakima County Sheriff’s Office, which is handling the investigation. Detective Sgt. Jason Pepper, Chief of Detectives in the Sheriff’s Office, attended and assisted with the exhumation.

“At this point, we don’t know if the woman is Native American or not and we may not know until an examination of the remains is completed,” said Steve Bernd, spokesperson for the FBI. . The FBI is charged with investigating serious crimes involving tribal citizens on reservations.






Investigators take pictures

Investigators take photographs of a box containing the remains of a woman found near Parker in 1988 at West Hills Memorial Park on Thursday, October 14, 2021 in Yakima, Washington.




“Once the identification is done, we will discuss with our partners to determine who might be best placed to conduct an investigation,” he said. “What’s important to note is that the goal here is to identify the body and close a family somewhere.”

Doe was buried in early 1989 in a particleboard box placed in a concrete vault with a cover. West Hills workers opened the grave and the concrete cover of the vault was cracked causing dirt to fall on the chipboard box. Investigators wanted to clear it up and be thorough, but respectful, in case there was anything important in it.

Curtice began by carefully shoveling the dirt. Amber Ross, an evidence technician from the Yakima Police Department, sifted some of it and spread more over a large tarp over the grave, walking through it gently with gloved hands. Pepper then took over to shovel dirt into a bucket held by Curtice while Ross sifted it.

Rod Shaw, a retired Sheriff’s Office detective, watched. Shaw was the first investigator into Doe’s case. “I hope they find an answer” for his identity, he said.

Shaw stood ready to help after Marshall Slight, Yakima County Deputy Chief Coroner, brought long straps to slide under the box so it could be removed. A West Hills employee brought a few extra straps and the men worked together to pick up the box and place it on the tarp. They then lifted him onto a stretcher to transport him to the coroner’s office.

The process took about an hour, which was faster than Curtice expected. And even though it was cold, the sun was shining. “I’m grateful for the time we’ve had. And I appreciate the cooperation from West Hills,” he said.

Doe’s remains will be turned over to the King County Medical Examiner’s office, which has his skull. The skull was moved there this summer after years of storage at Central Washington University in Ellensburg, where it was taken for a clay reconstruction in the 1980s.

“They will match the skull they have to these remains with DNA,” Curtice said. “The timeline is not yet set. It’s kind of a step-by-step process. Getting it out of the ground has been the biggest step so far.”

Investigators released a new digital portrait of her last month.






Parker Doe

This portrait by forensic artist Natalie Murry is a recreation of the woman whose remains were found in February 1988 near Parker Dam in the lower Yakima Valley. Photo courtesy of Yakima County Coroner Jim Curtice.


Curtice praised the efforts of investigators. “For me it was great working with the FBI and the Sheriff’s Office and the King County Medical Examiner’s Office,” he said.

Washines echoed his appreciation for the cooperative efforts of so many to identify Doe after so long.

“Seeing multiple jurisdictions working together is a big part of these cases and seeing how the original detective came back means a lot,” she said.


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Crooks steal real art photos to sell fakes online https://neforestproducts.com/crooks-steal-real-art-photos-to-sell-fakes-online/ https://neforestproducts.com/crooks-steal-real-art-photos-to-sell-fakes-online/#respond Wed, 13 Oct 2021 20:16:00 +0000 https://neforestproducts.com/crooks-steal-real-art-photos-to-sell-fakes-online/ NASHVILLE, Tennessee (WTVF) – If you spend a lot of time on social media, you’ve probably seen ads that sound too good to be true, like expensive artwork being sold for what you would likely pay for a few cups of Coffee. . As you may have guessed, this is a scam. Online imposters steal […]]]>

NASHVILLE, Tennessee (WTVF) – If you spend a lot of time on social media, you’ve probably seen ads that sound too good to be true, like expensive artwork being sold for what you would likely pay for a few cups of Coffee. .

As you may have guessed, this is a scam.

Online imposters steal photos of real artists and then create their own fake ads. It is not just consumers who are losing out.

Bob Stinnett – NewsChannel 5 Nashville

Paige Halls began to create beautiful mountain landscapes during the pandemic.

“These are actually pieces of wood that are cut into different shapes and then I layer them so that they become like a 3D effect,” she explained, adding, “And I paint or stain them all to. the hand.”

Halls manufactures these pieces at his home studio in the Woodbine area of ​​Nashville with his partner, Sammy, who builds all the frames by hand.

The crooks even went so far as to steal the reviews from Halls’ website and put them in their ads, only changing the names.

“He really is my biggest seller right now,” she said.

Halls sells them through his Buttons and Pearl business on Etsy.

But you’ll also find her work everywhere on Facebook, Instagram, and even Amazon.

Impostors are flooding the online market with ads featuring his photos and plays, but at a much lower price.

“They cost between $ 20 and $ 30 when my pieces sell for well over $ 300,” Halls said. NewsChannel 5 survey.

Fake art online

Bob Stinnett – NewsChannel 5 Nashville

But what you get when you buy from these listings isn’t Halls’ job.

“My photos are great because they are meant to be centerpieces, focal points in a room. And they [the scammers] send people who bought them, these tiny things. It doesn’t get bigger than a remote and it’s basically a sticker. They took a photo of my work, made it into a sticker, then stuck it on a piece of chipboard and then sent it in, ”Halls described.

Some of those who bought the cheaper products reported to Halls that they had not received anything.

“At the moment, I know of 26 different scam sites. But I’m not the only piece of art out there. There are hundreds of other artists’ works that have been stolen, property that they pass off as theirs, ”Halls said.

She continued, “They are targeting the masses. On Amazon right now, there are over 60 stores that have my work in them.”

“This is outright copyright infringement,” said Nashville attorney Shane Cortesi.

Cortesi specializes in patent and trademark issues and has said it is almost impossible to stop these crooks.

“If it were a typical business, we would file a complaint against the people who try to do it. The problem, in this case, is that they are probably foreign entities,” he said. he explains.

Cortesi tried to help Halls remove the ads. But Halls said social media platforms were reluctant to take them down and placed the onus on her to prove that she was in fact the artist and creator of the content.

“When it’s me in the photos. It’s my logo that’s copyrighted. It’s all my work. It’s my hair, it’s my tattoos. It’s my home,” s ‘she exclaims.

Artist Paige Halls

Bob Stinnett – NewsChannel 5 Nashville

So how do you get the real thing and not a fake?

Buy direct from the artist, not from a website you’ve never heard of.

You can go to Google and do a reverse image search on the art images and find the original source.

Look for the artist’s watermark or logo.

If the price seems too good to be true, you probably won’t get art like Halls’. Your money will likely end up in the hands of the crooks, not the artist.

“It’s really disheartening that this is happening over and over again. I mean, we’re a little mom and a pop store in Nashville, Tennessee, just trying to make a living and support our family,” said Halls.

We reached out to Facebook and Amazon, but neither company responded.


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ED investigates Trust, an educational institute linked to Shiv Sena MP Bhavana Gawali https://neforestproducts.com/ed-investigates-trust-an-educational-institute-linked-to-shiv-sena-mp-bhavana-gawali/ https://neforestproducts.com/ed-investigates-trust-an-educational-institute-linked-to-shiv-sena-mp-bhavana-gawali/#respond Tue, 12 Oct 2021 12:39:10 +0000 https://neforestproducts.com/ed-investigates-trust-an-educational-institute-linked-to-shiv-sena-mp-bhavana-gawali/ The ED is investigating a money laundering case against a trust run by family members of Bhavana Gawali. The trust was allegedly transformed into a corporation by fraudulent measures. Bhavana Gawali is a deputy of Shiv Sena representing the seat of Yavatmal-Washim Lok Sabha. (Source: Twitter / Bhavana Gawali) The Directorate of Enforcement (ED) on […]]]>

The ED is investigating a money laundering case against a trust run by family members of Bhavana Gawali. The trust was allegedly transformed into a corporation by fraudulent measures.

Bhavana Gawali is a deputy of Shiv Sena representing the seat of Yavatmal-Washim Lok Sabha. (Source: Twitter / Bhavana Gawali)

The Directorate of Enforcement (ED) on Tuesday carried out investigations in offices and at an educational institute headed by Shiv Sena MP Bhavana Gawali and her family members in connection with a money laundering case. money.

The ED is investigating the money laundering case against a trust that was allegedly transformed into a corporation by fraudulent measures. The trust is run by members of the family of Bhavana Gawali.

A team of ED officials reached Washim district in Maharashtra on Tuesday morning and interviewed various officials from the educational institute and the trust office.

ED officials arrested Saeed Khan, a close associate of Bhavana Gawali, on September 28. Saeed Khan was the director of a company named Mahila Utkarsh Pratisthan with Gawali’s mother, Shalinitai Gawali.

The firm was incorporated in 2019. Previously, this firm was a trust of which Bhavana Gawali and her mother Shalinitai were members.

ED officials suspect that a forgery was made at the charity commissioner’s office to convert the trust into a corporation. The company is suspected of having been used for fraud and embezzlement.

According to sources, irregularities of around Rs 17 crore were discovered in the trust linked to Bhavana Gawali.

A social worker identified as Harish Sarda recently alleged that Bhavana Gawali tricked the National Cooperative Development Corporation (NCDC) through a company named Balaji Sahkari Particle Board into taking a loan of Rs 43.35 crore.

Harish Sarda claimed that Bhavana Gawali had borrowed money from NCDC for ten years, but the business never really got started.

Similar irregularities were reportedly found in relation to Bhavana Agro Products and Services Ltd of Bhavana Gawali. For this company, she allegedly borrowed Rs 7.5 crore from two banks. The company was then sold to his private secretary for Rs 7.09 crore.

Last month, ED officials raided and questioned people linked to Bhavana Gawali in Washim. MK Bhavana Gawali was summoned to the ED office in Mumbai for further questioning on the case on October 4, but she alleged that she had not received the summons earlier and had not seen the message that October 4th.

The Shiv Sena MP further alleged that she was traveling due to official work and asked for a fortnight to appear before the agency.

Read also | ED summons Shiv Sena MP Bhavana Gawali for questioning in money laundering case

Click here for IndiaToday.in’s full coverage of the coronavirus pandemic.


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Take a virtual tour of the new Egger panel factory in North Carolina https://neforestproducts.com/take-a-virtual-tour-of-the-new-egger-panel-factory-in-north-carolina/ https://neforestproducts.com/take-a-virtual-tour-of-the-new-egger-panel-factory-in-north-carolina/#respond Sun, 10 Oct 2021 23:59:00 +0000 https://neforestproducts.com/take-a-virtual-tour-of-the-new-egger-panel-factory-in-north-carolina/ LEXINGTON, North Carolina – Egger Wood Products offers a virtual tour of the company’s new $ 500 million manufacturing facility in Lexington, North Carolina, its first production facility in North America. The online factory tour takes a behind-the-scenes look at the raw particleboard and thermofused laminate (TFL) production processes in the state-of-the-art factory. The virtual […]]]>

LEXINGTON, North Carolina – Egger Wood Products offers a virtual tour of the company’s new $ 500 million manufacturing facility in Lexington, North Carolina, its first production facility in North America. The online factory tour takes a behind-the-scenes look at the raw particleboard and thermofused laminate (TFL) production processes in the state-of-the-art factory.

The virtual tour includes 13 video segments, each focusing on different areas of the facility and following the production process from the arrival of raw materials to packaging and shipping of the final products. Videos highlight the plant’s highly automated systems, with additional segments offering an overview of the company’s 60-year history, an overview of the Egger Design Center, and a summary of the two learning programs. and four years of business.

“This resource allows our customers, partners and the local community to experience, up close but from their home or office, the extent of Egger’s investment in a ‘made in the USA’ product,” said said Carston Ritterbach, Plant Manager, Commercial Services. “Offering this experience virtually opens it up to a wider audience.

Construction of the million square foot facility began in April 2018. Despite numerous weather challenges and an ongoing global pandemic, production started as planned in September 2020. Egger Wood Products now employs more of 400 workers.

Additional construction phases will continue over the next 10 to 15 years, depending on market conditions, including additional rolling lines, finishing lines for value-added production and a second particleboard production line. , creating 370 additional jobs.

To view the factory virtual tour, visit egger.com/lexington. To schedule an in-person factory tour, email usa@egger.com.


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Broken Machines End Missouri Illegal Gambling Case | State News https://neforestproducts.com/broken-machines-end-missouri-illegal-gambling-case-state-news/ https://neforestproducts.com/broken-machines-end-missouri-illegal-gambling-case-state-news/#respond Sat, 09 Oct 2021 21:45:00 +0000 https://neforestproducts.com/broken-machines-end-missouri-illegal-gambling-case-state-news/ PLATTE CITY – When the backhoe bucket fell on the first of five illegal slot machines destroyed by court order on Thursday, it collapsed like a cardboard box prepared for recycling. The chipboard sides offered no pressure resistance, and in about 40 seconds all that was left was a pile of chunks of wood, plastic, […]]]>

PLATTE CITY – When the backhoe bucket fell on the first of five illegal slot machines destroyed by court order on Thursday, it collapsed like a cardboard box prepared for recycling.

The chipboard sides offered no pressure resistance, and in about 40 seconds all that was left was a pile of chunks of wood, plastic, and electronic shards as the five machines shattered into thousands of pieces. parts.

“It’s a good day,” said Eric Zahnd, Platte County District Attorney. “There’s a good reason the Missouri legislature has said these should be publicly destroyed. It is a bit of the spectacle of destruction because the legislator wanted to send the message that these machines will not be tolerated in the state of Missouri. It’s a good day.”

The destruction took place on the Platte County Public Works Lot, which has plenty of space and plenty of heavy equipment suitable for the task.

The five machines were seized in 2018 in what remains the only completed lawsuit against a vendor who offers video games that offer a cash prize for placement in convenience stores, truck stops and other locations. Integrity Vending, a Kansas-based company, was convicted of criminally promoting gambling in September 2020 and fined $ 7,500.

But thousands of other similar machines, owned by other vendors, remain in place across the state. Lawmakers have struggled to come to an agreement on new laws to clearly designate gambling as illegal, as strong lobbying pressure from vendors stalled their efforts.

The Platte County prosecution showed no further legislation was needed, Zahnd said ahead of the crash on Thursday.

“In Missouri, the law is clear,” Zahnd said. “These machines are illegal and they must be destroyed.”

Not all prosecutors agree.

There have been hundreds of investigations by local law enforcement and the Missouri State Highway Patrol, but a review by The Independent found that many prosecutors are reluctant to lay charges and some don’t think at all that the games are illegal.

The main difference between a casino slot machine and games destroyed on Thursday is that the games have a feature that allows a player to see whether their next bet will win or lose. If it is a loser, the player can withdraw their money, cancel the bet, or modify the games or the amounts wagered in search of a winner.

While Integrity Vending has taken its machines out of the state, others have not. The most advanced prosecutions against the vendors are three felony cases in Linn County. In total, around 24 lawsuits, mostly misdemeanor cases, have been filed since early 2019, with estimates putting the number of machines being played in the state at 15,000 or more.

Torch Electronics of Wildwood was the most aggressive in the retaliation. The company and Warrenton Oil Company have teamed up in a lawsuit in Cole County to prevent the Missouri State Highway Patrol from investigating the games. And in early June, about a month after the last effort to regulate gambling in the General Assembly failed, Torch and Warrenton Oil teamed up to donate $ 350,000 to political action committees linked to Steve Tilley, former Speaker of the House and Advisor to Governor Mike Parson. who is lobbying on behalf of Torch.

As a result, the machines were called “gray market” games, operating in the space between an old-fashioned slot machine, which is clearly illegal, and the regulated games offered at casinos and by the Missouri lottery. .

The machines embezzle money from education programs backed by the lottery and special casino gambling taxes, said Sen. Dan Hegeman, R-Cosby, who traveled to Platte City from his home in County D ‘Andrew to witness the destruction.

Lottery and casino games are also regulated for the sake of fairness, Hegeman noted.

For slot machines in casinos – slot machines and those that mimic table games like video poker – the minimum return is 80%. Typically, the 13 casinos pay around 90 percent of the money deposited into the machines.

A minimum of 45% of the lottery income is dedicated to the prizes.

These guards are not in place for unregulated machines. Hegeman sponsored legislation that would have prevented any vendor offering the machines from converting.

“I just hope this example will be picked up by other state prosecutors,” he said. “These are not gray market machines. They are black market machines.

The destruction is a satisfying day, said Sgt. Craig Hubbell of the Parkville Police Department, who initiated the investigation which began in October 2018.

“That made the deal close, yes,” Hubbell said after examining the remnants of the machines.

The public destruction assures the public that the machines will not be reused elsewhere, Zahnd said.

“I think there’s no question that the reason the law requires them to be destroyed is that we don’t want them to be put back into circulation,” he said. “And again, the law requires not only that they be destroyed, but that they be publicly destroyed. I think this is an acknowledgment of the particular harm that can come from illegal gambling. “

This was first published by The Missouri Independent, a non-partisan, nonprofit news organization covering state government, politics, and politics, and is reprinted with permission.


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2021-2027 Global Wood-Based Panels Market Analysis – Kronospan, Norbord, Arauco, Swiss Krono Group, Daiken New Zealand, Weyerhaeuser, Masisa https://neforestproducts.com/2021-2027-global-wood-based-panels-market-analysis-kronospan-norbord-arauco-swiss-krono-group-daiken-new-zealand-weyerhaeuser-masisa/ https://neforestproducts.com/2021-2027-global-wood-based-panels-market-analysis-kronospan-norbord-arauco-swiss-krono-group-daiken-new-zealand-weyerhaeuser-masisa/#respond Fri, 08 Oct 2021 16:07:45 +0000 https://neforestproducts.com/2021-2027-global-wood-based-panels-market-analysis-kronospan-norbord-arauco-swiss-krono-group-daiken-new-zealand-weyerhaeuser-masisa/ The global market for wood-based panels From 2021 to 2027, the report of Courant Market Research studies the past and current prospects and growth trends to get important insights about these economic variables from 2021 to 2027. The study predicts the revenue for the Panel-based market wood from 2021 to 2027, with 2020 as the […]]]>

The global market for wood-based panels From 2021 to 2027, the report of Courant Market Research studies the past and current prospects and growth trends to get important insights about these economic variables from 2021 to 2027. The study predicts the revenue for the Panel-based market wood from 2021 to 2027, with 2020 as the base year. The study also offers the compound annual growth rate (CAGR) of the market for the forecast period.

In 2020, the global wood-based panels market size was US $ 82,660 million and is expected to reach US $ 141,540 million by the end of 2027, with a CAGR of 7.6% during 2021- 2027.

The major players in the wood-based panels market including:

  • Kronospan
  • Norbord
  • Arauco
  • Swiss Krono Group
  • Daiken New Zealand
  • Weyerhaeuser
  • Masisa
  • Georgia-Pacific
  • Louisiana-Pacific
  • Duratex
  • Sweden
  • Tolko
  • Egger
  • Fraser West
  • Langboard
  • Whole Kastamonu
  • Sonae Industry
  • Arbec
  • Fina
  • Pfleiderer
  • Jianfeng
  • GVK Novopan Industries
  • Sengong
  • Furen
  • Fenglin
  • Daya
  • Weihua
  • Sahachai particle board
  • Shengda
  • Siam Riso Wood Products

The study report aims to meet the needs of end users and help them develop market entry strategies. The Wood Based Panel market study also contains events which impact the market and may be two-way, product offerings, revenue analysis, production capacity, gross margin, and factors influencing profitability. market participants.

For more information, inquire here: https://courant.biz/report/world-wood-based-panel-wood-based-panel-market/74749/

Global Market: Product Segment Analysis

  • Particle board (PB)
  • Medium Density Fibreboard (MDF) / High Density Fibreboard (HDF)
  • Hard panel
  • Oriented strand board (OSB)
  • Plywood

Global Market: Application Segments Analysis

  • Furniture
  • Construction
  • Ground

Global Market: Regional Segment Analysis

  • United States
  • Europe
  • Japan
  • China
  • India
  • South East Asia

Get a free sample report on:https://courant.biz/request-sample/?id=74749

A comprehensive study of the expansion of the global wood-based panels market has been conducted to conclude the potential future opportunities of the industry, and a unique research approach has been applied. This methodology combines primary and secondary research, allowing analysts to draw conclusions with greater reliability and precision.

The study provides insight into the competitive environment for the wood-based panel industry. To identify the business characteristics, the main market players have been identified and characterized. Secondary sources included in the Global Wood-Based Panels Market report include company website statistics, annual reports, SEC filings, investor presentations, government publications, fundamentals of regulatory data and industry white papers. Analysts interviewed product portfolio managers, senior executives, vice presidents and CEOs who contributed to the report as primary sources.

The report answers the following questions:

  • Which are the main exporting countries which account for the maximum share of the total world exports of products or goods of the wood-based panels industry between 2021 and 2020?
  • What is the total export revenue of the global Wood-Based Panels market?
  • What is the overall positioning of the main manufacturers on the market?
  • Who are the retail supermarket chains and the main producing countries?

Consult the detailed table of contents:https://courant.biz/report/world-wood-based-panel-wood-based-panel-market/74749/

Customization of the report:
This report can be customized to meet customer requirements. Please connect with our sales team (sales@courant.biz), who will make sure you get a report that’s right for you.


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Boise Cascade (NYSE: BCC) Receives Average “Hold” Analyst Rating https://neforestproducts.com/boise-cascade-nyse-bcc-receives-average-hold-analyst-rating/ https://neforestproducts.com/boise-cascade-nyse-bcc-receives-average-hold-analyst-rating/#respond Thu, 07 Oct 2021 09:27:25 +0000 https://neforestproducts.com/boise-cascade-nyse-bcc-receives-average-hold-analyst-rating/ Boise Cascade (NYSE: BCC) has been given an average recommendation of “Hold” from the six research companies that cover the stock, reports Marketbeat Ratings. Two equity research analysts rated the stock with a sell rating, three issued a custody rating, and one issued a buy rating on the company. The year-over-year average price target among […]]]>

Boise Cascade (NYSE: BCC) has been given an average recommendation of “Hold” from the six research companies that cover the stock, reports Marketbeat Ratings. Two equity research analysts rated the stock with a sell rating, three issued a custody rating, and one issued a buy rating on the company. The year-over-year average price target among analysts who published a report on the stock in the past year is $ 56.20.

Several equity research analysts weighed on the company. The Goldman Sachs group assumed coverage of Boise Cascade in a report released Thursday, July 15. They issued a “sell” rating and a price target of $ 45 for the company. Zacks Investment Research downgraded Boise Cascade from a “strong buy” rating to a “conservation” rating in a research report released Tuesday.

Several large investors have recently changed their positions in BCC. Ameritas Investment Company LLC purchased a new position in Boise Cascade during the 1st quarter valued at approximately $ 26,000. Carolina Wealth Advisors LLC increased its position in Boise Cascade by 18.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 1,417 shares of the construction company valued at $ 83,000 after purchasing an additional 223 shares last quarter. FMR LLC increased its position in Boise Cascade by 436.4% during the 1st quarter. FMR LLC now owns 3,331 shares of the construction company valued at $ 89,000 after purchasing an additional 2,710 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Boise Cascade by 15.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,132 shares of the construction company valued at $ 127,000 after purchasing an additional 288 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Boise Cascade by 12.4% during the second quarter. PNC Financial Services Group Inc. now owns 2,396 shares of the construction company valued at $ 141,000 after purchasing an additional 264 shares in the last quarter. 91.06% of the shares are held by hedge funds and other institutional investors.

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It can challenge the greatest life-changing innovations in history.

NYSE BCC opened at $ 55.92 on Thursday. Boise Cascade has a minimum of $ 36.90 over 52 weeks and a maximum of $ 78.35 over 52 weeks. The company has a debt ratio of 0.39, a quick ratio of 1.50, and a current ratio of 2.35. The stock has a 50-day simple moving average of $ 54.94 and a two-hundred-day simple moving average of $ 59.37. The stock has a market cap of $ 2.20 billion, a P / E ratio of 3.82, a price / earnings / growth ratio of 0.35, and a beta of 1.98.

Boise Cascade (NYSE: BCC) last released its quarterly earnings data on Sunday, August 1. The construction company reported earnings of $ 7.62 per share for the quarter, beating the consensus estimate of $ 4.87 by $ 2.75. Boise Cascade had a return on equity of 66.14% and a net margin of 7.93%. The company posted revenue of $ 2.44 billion in the quarter, compared to $ 2.06 billion expected by analysts. In the same quarter of last year, the company posted EPS of $ 0.85. The company’s revenue grew 96.6% year-over-year. Sell-side analysts expect Boise Cascade to post earnings per share of 15.54 for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 15. Shareholders of record on Wednesday, September 1 received a dividend of $ 0.10. This represents an annualized dividend of $ 0.40 and a dividend yield of 0.72%. The ex-dividend date of this dividend was Tuesday August 31. Boise Cascade’s dividend payout ratio is currently 6.53%.

Boise Cascade Company Profile

Boise Cascade Co is engaged in the manufacture and distribution of engineered wood (EWP) and plywood products. It operates through the Timber Products and Building Materials Distribution (BMD) segments. The Wood Products segment manufactures and sells engineered wood products, plywood, particle board, studs and ponderosa pine lumber.

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Analyst Recommendations for Boise Cascade (NYSE: BCC)

This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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