TREASURY ISSUES GUIDANCE ON SMALL BUSINESS LOAN PROGRAM Last night the U.S. Treasury issued guidance for the Paycheck Protection Program (PPP) which provides $350 billion in loans for small businesses impacted by the Coronavirus. Small businesses and sole proprietorships can apply for loans through the PPP starting on April 3, while self-employed individuals and […]
Over the past few weeks, Congress has passed, and the President has signed, three pieces of legislation to address the medical and economic strains resulting from the Covid-19 (Coronavirus) pandemic. The first bill, signed March 3, provided $8.3 billion for health providers, disease testing and small-business loan subsidies. On March 18, a second relief package […]
*Update as of March 27, 2020, 3:45 PM CST: President Trump has signed the $2 trillion COVID-19 relief bill. Previous update as of March 27, 3030 3 PM CST: The Hardwood Federation has announced that the House of Representatives has joined the Senate and passed the Phase 3 “Coronavirus Aid, Relief, and Economic Security (CARES) […]
The Senate voted unanimously on Wednesday to approve a $2 trillion bill to provide relief to the economy, businesses, and workers that have been hurt by the COVID-19 pandemic. The House is expected to pass the bill by Friday and President Trump has announced he would sign the bill into law. This bill is in […]
The U.S. Department of Homeland Security and the U.S. Department of Labor have both said the forest products industry is an “essential critical infrastructure workforce in the nation’s response to the coronavirus pandemic.” These are allowed to operate during shutdowns. Most states are following the federal guidelines when ordering people to shelter in place. Here […]
Ask Congress to Include U.S. Hardwood Industry in any Coronavirus Relief Packages The U.S. Hardwood Industry, like much of the U.S. manufacturing sector, is under severe stress due to the rapid spread of COVID-19, the Coronavirus. Impacts due to Coronavirus are set to lay another blow to an industry already distressed by the ongoing trade […]
Congressional Action Congress is attempting to move quickly on multiple legislative responses to the COVID-19 crisis. Late last Friday the U.S. House of Representatives passed legislation (H.R. 6201) in overwhelmingly bipartisan fashion (363-40). The Senate made minor changes to the bill and passed the amended version this afternoon (90-8). The legislation is now […]
Local stores and suppliers were once a go-to for everything we need, but rapid changes in technology, convenience, mass production, and many other factors have shifted the market to favor big name brands. Big box companies have been experiencing some turbulence, though, and the ‘Shop Local’ movement has begun to shift the gears. Consumers are […]
NHLA is excited to announce that Louisville, Kentucky made the 2020 Traveler’s Choice Award List by Trip Advisor. This is exciting news because the 2020 NHLA Annual Convention and Exhibit Showcase is taking place from September 23 – 25 at the newly renovated Galt House Hotel in Lousiville this year! One of the reasons Louisville was selected […]
The Inspector Training School Education Foundation (ITSEF) is pleased to announce the addition of two new Board members, Jay Reese of Penn-Sylvan International, Inc. and graduate of the 85th Class of the NHLA Inspector Training School; and Hud Caldwell of Northland Forest Products and graduate of the 89th Class of the School. ITSEF Board Chair […]
National Hardwood Lumber Association
Post Office Box 34518
Memphis, TN 38184
(901) 377-1818
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