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Alabama Legislature drops resistance, OKs medical marijuana | iNFOnews | Thompson-Okanagan's News Source

Alabama Legislature drops resistance, OKs medical marijuana | iNFOnews | Thompson-Okanagan's News Source
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Alabama House drops resistance, OKs medical marijuana bill

Alabama Legislature drops resistance, OKs medical marijuana
KIM CHANDLER , Associated Press
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1of6Rep. Laura Hall is congratulated after the Medical Cannabis bill is amended to be named after her son, during debate in the House chamber at the Alabama Statehouse in Montgomery, Ala., on Thursday May 6, 2021. (Mickey Welsh/The Montgomery Advertiser via AP)Mickey Welsh/APShow MoreShow Less
2of6Rep. David Faulkner, from left, and Rep. Thomas Jackson talk with Sen. Tim Melson during a debate on the Medical Cannabis bill in the House chamber at the Alabama Statehouse in Montgomery, Ala., on Thursday May 6, 2021. (Mickey Welsh/The Montgomery Advertiser via AP)Mickey Welsh/APShow MoreShow Less ....

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Stanley Furniture suspends domestic operations, Amazon eyes brick-and-mortar home goods, and more

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Stanley Furniture suspends domestic operations, Amazon eyes brick-and-mortar home goods, and more
Stanley Furniture suspends domestic operations, Amazon eyes brick-and-mortar home goods, and more
Last week, the CDC announced that travel restrictions will ease for those that have been vaccinated for many designers, that means the return of trips that provide creative inspiration and design discoveries. As the world (slowly) reopens, stay in the know with our weekly roundup of headlines, launches and events, recommended reading, and more.
BUSINESS NEWS
U.S. home prices are on the rise,
The Wall Street Journal reports, and accelerating at the quickest pace in 15 years a classic example of what happens when high demand meets low supply. Home-buying has shot up during the pandemic due to a confluence of factors: Mortgage rates dropped below 3 percent for the first time in July ....

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Foam shortage explained; the end may be near

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Industrial chemical maker EverChem Specialty Chemicals has explained the foam shortage currently affecting the furniture industry in a blog post.

Because foam is light and bulky, it is not efficient to ship very far to the various end users such as furniture manufacturers, bedding, seating and other customers, the company writes. Consequently the many foam plants are located close to the end use markets and are spread around North America.

Foam is made using a number of chemicals, but the main two are polyol and toluene diisocyanate (TDI). It takes roughly two parts of polyol and one part of TDI to make foam. Foam plants buy these raw materials and have them delivered by either railcars or tank trucks. A typical foam plant will have storage tanks that are big enough to offload a few railcars (180,000 lbs each) or tank trucks (45,000 lbs each). They don’t carry a large inventory of these raw materials, but depend upon a steady and timely ....

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Furniture maker HFPI raises prices to cope with wood prices, foam shortage

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HIGH POINT, N.C. - Casegoods and office furniture maker High Point Furniture Industries (HFPI) will increase the prices of all of its products by 6 percent beginning May 1.

As our economy recovers, we are faced with several other unexpected challenges in our supply chain, the company wrote in a letter to its customers. The worldwide demand has increased exponentially for many raw materials affecting most wood and steel products. Weather events have also created serious shortages in petroleum-based products.

Steel costs have risen 25 percent, wood products are up 12-15 percent, foam has increased 40 percent, and if that s not enough, transportation costs are up over 25 percent, the letter reads. ....

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