Wood Veneer
Wood Veneer
Lumber
Lumber
1/17/2023
Qatar
Bahrain
Durham is pegged to the Euro – hence exchange rate and pricing will not compete with dollar pegged currencies (unless imported)
Not passing through recession
Few sellers of veneer
High demand for European lumber
13
Low tariffs on lumber (19%)
Mostly foreign competitors, subject to same tariffs
Transfer of capital
Tax exemption for 5 years.
14
Exchange Rate History (Euro / $1)
EUR per 1 USD
USD at low to Euro
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