Wooden Panels Market News

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...

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.

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.

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.

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.