KINZEL wood products: Timber Ridge Wood Products, Kinzel and Kinzel wood product maker say they are selling out of their products
The makers of wood products sold by Timber Crestwood said in a statement that they are “not able to sell our products at this time due to the severe supply constraints and the demand for them.”
Kinzel is the maker of wood flooring, which is used in the construction of hotels, offices, and homes.
Kinzel products are used in hotels, hotels and other public spaces.
Timber Creek has been growing at a slower pace than other makers of furniture products in recent years.
The company’s sales fell by 20 percent in the third quarter.
Kinzel has also been hit by a lack of interest from potential buyers.
“Kinzel products have been extremely hard to find and the only way to acquire them is through our partnership with Timber Ridge,” Kinzel CEO Andrew Fergusson said in the statement.
Kinkel has not yet commented on the news of a shortage of Kinzel wooden products.
TimbreTree, a timber supplier that makes wooden floors, said it is also selling out its Kinzel flooring and Kinsel products.
“Our customers have not received Kinzel product and are continuing to work to get them to market as quickly as possible,” Timbre Tree spokeswoman Lauren Loeber said in an email to CNNMoney.
Timber Crestwoods Wood Products spokesperson Dan Ragan declined to comment.
Kinsel’s Kinzel sales were down 20 percent year over year, compared to the previous year, and by 24 percent for the current quarter.
Timbers sales fell 13 percent year-over-year, compared with the previous quarter.
Timbers revenue fell by 25 percent for a third straight quarter, compared a year ago.