Solid wood products industries - How important are they in Mississippi?

What are the solid wood products industries and how important are they in Mississippi? First, consider the list of solid wood industries that are present in Mississippi- it includes sawmills, plywood mills, reconstituted product mills, wood preserving plants, and firms manufacturing hardwood dimension stock and flooring, millwork, wood containers, wood pallets and skids, and prefabricated wood buildings

Logging - one of Mississippi’s most important industries

Logging is extremely important to Mississippi\u27s economy for two reasons. First, the industry is essential in providing wood-based raw materials necessary for many thousands of jobs throughout the state. The industry is the ·:first link in a manufacturing chain that reaches through the state and touches the pulp and paper industry, the sawmill industry. the furniture industry, the building/construction industry. and many others. The industry is also important because of the economic contributions it makes through its own employment and income created. In 1993, the industry contributed an estimated $1.-1-5 billion to Mississippi\u27s economy. and over 11 thousand jobs were directly and indirectly related to logging activities

The U.S. household furniture industry: Adapting to changing times.

The U.S. wood household furniture industry has adapted to change in many ways in recent years. The industry has grown steadily since the 1982 recession, and has been shifting to the U.S . South and Southeast. Although California has also become prominent in furniture production, many recent factors indicate geographic shifts away from the state, particularly in wood furniture production. The household furniture industry has also adapted and continues to adapt to factors which have increased the globalization of trade in all products. Foreign competition has resulted in mergers and consolidation in the U.S. household furniture industry, and has also forced production to become more oriented toward non ready-to-assemble and upholstered furniture

Economic impact of the forest products industries in Mississippi

The forest products industry in Mississippi has four main sectors: • Timber harvesting, • Pulp and paper industries, • Solid wood products industries, and • Wood furniture manufacturing. Each of these sectors is important to the state\u27s economy, but how important are they? To address this question, in this article we present estimates of the number of employees, wages and salaries, total output value, and value added for each industry sector and for the total of all four sectors in Mississippi in 1993- the last year for which all the data are available

Pulp and paper industries - multibillion dollar contributors to Mississippi’s economy

Pulp and paper industries are multi-billion dollar contributors to Mississippi\u27s economy each year. Pulp and paper manufacturers employ over 9,000 people in the state, and these jobs pay nearly $44,000 per year on average. They\u27re among the highest paying jobs of any industry in Mississippi. According to the latest Survey of Manufacturers by the U.S. Department of Commerce, Bureau of the Census, pulp and paper industries accounted for 4% of manufacturing employment in Mississippi in 1994, but 6% of manufacturing payroll

Present net worth and internal rate of return: A note on equivalence in use

Present net worth and internal rate of return are frequently used for ranking investment alternatives. The relative merits and limitations of the two criteria are discussed at length in numerous journal articles and texts. For analysts wishing to present consistent project comparisons, the issue is not which criterion is superior, but when are they equivalent. In this article, conditions for equivalence in use are outlined under alternative assumptions. Although the conditions appear complex, they are not unduly restrictive

The Mississippi furniture industry and its use of wood-based materials

Furniture manufacturing is one of the most important industries in Mississippi; the industry\u27s phenomenal growth and current high levels of production and employment have recently been widely recognized and publicized. The Mississippi Economic Council (1988), for example, recently labeled the state The New Furniture Capital of America;\u27 and Northeast Mississippi was recently described as a booming region\u27\u27 that wants to be the Furniture Capital of America\u27\u27 (Evans 1987). The present report characterizes important aspects of Mississippi\u27s furniture industry, including its development and relative importance within the state and within the U.S., and assesses current information on the availability and use of wood-based raw materials. The report has major sections on The Mississippi Furniture Industry and Use of Wood-Based Materials, with a Discussion section summarizing the current outlook for furniture production and demand

Introduction to forest valuation and investment analysis

Most foresters and forest landowners are aware that money has a time value. A dollar today is worth more than a dollar tomorrow. If you borrow $1,000 from the bank today, you would have to pay back more than$1,000 in 90 days. The term forest economists use for this concept is the t :!me value of money: the closer to today you receive a sum of money, the greater its present value

Raw materials use by Mississippi furniture manufacturers, 1989

Mississippi\u27s furniture industry has grown rapidly in recent years and now ranks nationally in production of specific types of furniture. Furniture pmducers in the state use many types of wood and nonwood raw materials. Raw materials expenditures were almost $330 million for 92 firms that responded to a 1989 survey. The survey included upholstered and nonupholstered furniture producers as well as hardwood dimension and frame producers. Substantial amounts of these raw materials were obtained from suppliers within the state

How are investment returns affected by competition control and southern oak seedling survival?

Increasing numbers of landowners are establishing hardwood plantations to satisfy their management objectives. Despite a dearth of research on competition control and its effects on initial hardwood plantation survival and investment returns, this study examines alternative competition control regimes for southern oak establishment. The analysis includes estimates of land expectation value for comparing alternatives. Our results suggest that greater returns can be achieved for southern oaks during both good and bad rainfall years, using methods that maximize survival through competition control