The SLB and USDA to collaborate on market development, research, and technological advances toward eExpanded use of wood as a natural climate solution.
Although the recent drop in softwood lumber prices since mid-May is helping bring costs down (after having driven them up drastically earlier in the year), the decline has been offset by large increases in the prices of several other building material products.
Builders FirstSource, Inc. acquired Apollo software assets from construction technology startup Katerra in an approximately $4.5 million transaction.
Honkarakenne Oyj appoints Petri Perttula as Vice President – Operations Finland. Petri Perttula will take up the position of Vice President – Operations Finland on October 1, 2021.
Stora Enso to join Build-in-Wood consortium. Stora Enso will mainly engage in the technical work packages like Materials and Components or Building Systems.
Metsä Fibre and the construction company Lehto Group have entered into an agreement to build an ecological operating office from wood for the Kemi bioproduct mill in Finland. The future office building will be a four-storey wooden structure, comprising the main control room for the bioproduct mill, office and social fa...
Schilliger Holz AG plans to build a new facility for manufacturing wood-fibre insulation board out of Swiss wood at its existing Perlen site. The CPH Group is leasing the company a 20,000-square-metre land plot for the plant’s construction, and will also supply power and water for the new operation.
The overall housing starts have averaged a 1.577 million-unit pace in the first half of 2021, making this the strongest year for housing starts since 2006. As long as housing starts remain strong and newer industries such as mass timber and bioenergy continue to expand and compete for raw material, lumber prices will l...
For the three months ended June 30, 2021, Hardwoods Distribution's consolidated sales climbed to a record $338 million, an increase of $124.7 million, or 58.5%, from $213.3 million in the same period in 2020.
Woodsafe Timber Protection Ltd has launched an exclusive collaboration with Australias market-leading fire protection coatings company - Fireshield, extending its reach of its specialised pressure impregnated timber processes to New Zealand, Australia and the Pacific Islands.
Builders FirstSource's net sales of $5.6 billion for the 2Q 2021 increased 186.6% driven by the merger with BMC, commodity inflation, and strong organic growth.
Louisiana-Pacific Corporation's net sales for the 2Q 2021 increased by $777 million (or 142%) over the prior year to $1.3 billion. Net sales for the first six months of 2021 increased by $1.2 billion (or 107%) over the prior year to $2.3 billion.
US LBM acquires multiple businesses in Georgia and Virginia, USA. All three new acquisitions expand and strengthen Company's reach in multiple rapidly growing housing markets in the Mid-Atlantic and Southeast.
Hardwoods Distribution Inc. has received a commitment letter from its existing lender Bank of America, N.A. for a new senior secured credit facility of up to $525 million.
With US builders grappling with record-high lumber prices and supply shortages over the past year, why are so few willing to switch away from traditional wood framing methods?
US LBM has completed the acquisition of American Construction Source from Angeles Equity Partners and Clearlake Capital Group. US LBM has now made four acquisitions in July, also adding Brand Vaughan Lumber Company in the Atlanta metro area, Home Center Supply located outside of Phoenix, and completing the previously a...
84 Lumber is continuing its 2021 expansion plans to help fill the increasing demand for engineered and manufactured wood products around the country.
Veidekke has been commissioned by OBOS to build 53 Nordic Ecolabelled residential units in Sigtuna, northwest of Stockholm.
Masonite International Corporation plans to invest in a new door manufacturing facility in Fort Mill, South Carolina. The new 370,000 square foot facility is expected to employ more than 220 people beginning in early 2022.
Atlas Engineered Products provides an update on the Company's organic growth initiatives at its newest acquisition, Novum Building Components location, in Abbotsford, British Columbia, Canada.