Plans and Strategy – Wood Markets News


Roseburg Forest Products announces changes to executive team

Roseburg Forest Products has named Ashlee Cribb as Vice President of Structural Products, with responsibility for the sales and manufacturing of Roseburg’s engineered wood products, softwood plywood and lumber businesses, company said in a statement. In a related move, Mark Avery, current Vice Presi...

Canfor reported operating income of $214.2 million for 4Q 2017, up $108.8 million y-o-y

Canfor reported operating income of $214.2 million for the fourth quarter of 2017, up $108.8 million from reported operating income of $105.4 million for the third quarter of 2017, with the increase reflecting higher operating earnings for both the lumber and pulp and paper segments. Lumber segment ...

Canfor to build US$120 million sawmill in Washington, Georgia

Canfor Corporation announced the construction of a new sawmill in Washington, Georgia. The new sawmill, which will cost approximately US$120 million and have a production capacity of 275 million board feet, will employ best-in-class mill technology, capitalizing on an excellent fibre resource in the...

Setra invests in CLT factory in Långshyttan , Sweden

Wood products company Setra is investing in a CLT factory in Långshyttan, Sweden. The investment aims to meet the great demand for CLT, above all in the Swedish, Norwegian and UK markets.“We’re now taking the next step towards Setra becoming a wood products company with a high processing capacity. N...
February 22, 2018

Sumitomo Forestry to build 350-metre wooden skyscraper in Tokyo

Japanese company Sumitomo Forestry plans to build the world's tallest wooden skyscraper in Tokyo in 2041. The 350-metre building will mark the company's 350th anniversary. The construction of this building will require 185,000 m3 of wood and will cost 600 billion yen ($5.6 billion). The aim is to cr...
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