According to the Hardwood Federation, on Friday, June 5th President Trump signed into law the Paycheck Protection Flexibility Act (PPFA), which extends and expands the previous Paycheck Protection Program (PPP). Thus far the Small Business Administration (SBA) has worked with more than 5,000 lenders to approve 4.5 million loans totaling $510.2 billion of the program’s $659 […]
Our friends at the Hardwood Federation have announced that this week the federal government issued updates to guidance in two areas important to the hardwood industry: The Paycheck Protection Program (PPP) and safety measures for ongoing facility operations. Paycheck Protection Program The IRS has issued clarifying guidance regarding the PPP. Questions have been raised recently […]
The NHLA Inspector Training School is offering a NEW, 7-week course, scheduled to begin on June 15, 2020. The Members Only course is limited to 15 students. The goal of the NHLA Inspector Training School’s new model is to educate more students and get them back to work sooner while increasing the students’ value to […]
Based on reports from the Agricultural Specialist at the U.S. Embassy in Beijing as well as the Chinese Ministry of Finance, the Chinese government will remove U.S. hardwood lumber import tariffs starting on February 28, 2020, for one year. The list of products that could potentially have tariffs removed starting next Friday can be […]
China’s Ministry of Finance announced today that China’s tax authority will begin accepting applications from Chinese domestic firms for the exemption of additional tariffs imposed on some U.S. products, including U.S. hardwoods starting March 2, 2020. Applications for the one-year waivers must be submitted by Chinese firms; U.S. companies are not eligible to submit requests […]
As many of you may have watched earlier today, the U.S. and China formalized a limited trade agreement today, signaling a truce in the nearly two-year trade war between the world’s two largest economies and sets the stage for a broader agreement down the road. The “Phase One” agreement is the product of months of intense […]
In remembrance of D-Day, NHLA would like to honor Charles Seiter. Charles graduated with the 5th class of NHLA Inspector Training School in 1950. But before that, he served honorably in the U.S. Army. In 1944, at the young age of 23, Charles was a part of the largest military invasion in history: the invasion […]
What’s Happening at NHLA: NHLA BYLAWS VOTE to take place at the 2019 NHLA CONVENTION! In good times or bad, there is no better place to be than at the upcoming NHLA Annual Convention and Exhibition on October 2-4 in New Orleans, Louisiana. Whatever the current business climate, NHLA is always focused on providing value that […]
Dear NHLA Members and Industry Friends, NHLA would like to share with you an update from the Hardwood Federation Call to Action sent earlier this week as well as a CNN report that aired yesterday on the trade war with China about the impact it is having on the hardwood lumber industry. A […]
Dear NHLA Members and Industry Friends: A CALL TO ACTION! We have received word from the Hardwood Federation that the Trump Administration is preparing to announce another round of Agricultural aid to farmers, ranchers, and others hurt by the trade war with China. The announcement of this aid package could come as soon as Thursday, […]
National Hardwood Lumber Association
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Memphis, TN 38184
(901) 377-1818
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