In 2023, the production of panels may drop even more to the level of 2006.
Wooden Panels
The U.S. Department of Agriculture’s Forest Service announced it will offer $41 million through the 2023 Wood Innovations Grant and 2023 Community Wood Grant programs to spark innovation and create new markets for wood products and renewable wood energy. The application deadline for both grant programs is Thursday, Mar...
The US door manufacturer Steves & Sons, Inc. placed an order with Siempelkamp for two forming and press lines for the production of door skins. Steves & Sons, a Texas family-owned company, is entering the door skins manufacturing business with this project.
SRS Distribution announces expansion in Ohio and Kentucky with the acquisition of Marsh Building Products, Inc., a leading distributor of residential and commercial building products.
Accsys announces a trading update for the nine months ended 31 December 2022, on an unaudited basis. Total Group's nine months 2022 revenue increased by 32% to Euro 109 million, compared to Euro 83 million in the same period of last year.
Weyerhaeuser Company reported Q4 2022 net earnings of $11 million, or 2 cents per diluted share, on net sales of $1.8 billion. This compares with net earnings of $416 million, or 55 cents per diluted share, on net sales of $2.2 billion for the same period last year and net earnings of $310 million for the Q3 2022.
84 Lumber plans to add to its existing 310 facilities in 2023. The company plans to open new facilities and make improvements to 54 existing locations to increase its market share by the end of 2023.
The withdrawal of foreign companies from Russia in 2022 may lead to a shortage of certain timber products, which will gradually be covered by Russian-made products. However, the quality of products will be lower due to the cessation of supplies of Western consumables and components.
Roseburg Forest Products appoints Cory Boydston, the former CFO of Ashton Woods Homes, to the company’s Board of Directors. She replaces former Board member Judith Johansen, who retired from the Roseburg Board in 2022 after several years of dedicated service.
Tolko Industries Ltd. has commissioned Dieffenbacher to supply the core components of a CEBRO OSB plant for its production facility in High Prairie, Alberta, Canada. Once operational, the plant’s production capacity will reach up to 734,000 m3 of OSB per year.
Simpson Strong-Tie adds to digital framing and building component solutions suite with acquisition of EstiFrame Technologies. EasyFrame software is designed to save the greatest amount of wood possible by managing cut completion activity and constantly re-optimizing on the fly.
Boise Cascade Company announced the retirement of Rich Viola, Senior Vice President of Sales and Marketing, Building Materials Distribution (BMD) division, effective March 1, 2023. Nathan Sikes has been named Sales and Marketing Director, replacing the role that Rich held.
Imports of plywood to the U.S. was 362.6 thousand m3 in November.
UFP Retail Solutions will feature new and innovative products from two leading brands, Deckorators and UFP-Edge, at the NAHB International Builders’ Show (IBS 2023) in Las Vegas from January 31 to February 2, 2023.
Price for plywood exported from Russia to the U.S. doubled.
Rainer Zumholte will be part of Sonae Arauco Deutschland GmbH as Managing Director for Sales and Marketing. He will be strategically leading the sales area for the North East Europe (NEE), with a special focus on the market's strategy definition and implementation.
Dieter Hüttlinger, CFO of Schattdecor AG, retired at the end of 2022. The company's Supervisory Board has appointed Dr. Derick Beitel as the new CFO and successor to Dieter Hüttlinger.
Andritz has received an order from Wisewoods Co., Ltd to supply another pressurized refining system – the second from Andritz – to its mill in Phetchaburi, Thailand. Start-up is scheduled for the first half year in 2024.
Trex Company, Inc. announced the sale of substantially all of the assets of its wholly-owned subsidiary, Trex Commercial Products, Inc. to Minnesota-based Sightline Commercial Solutions, LLC.
New Zealand's Fletcher Building will proceed with building a new wood panels plant at its current Laminex site in Taupo with a capital cost of approximately $275 million. All appropriate consents for this project have been granted and initial civil works will commence in early 2023.