Wood & Building Products

Industry Roundup

Lumber

RBC highlights wood products news for the week (Aug. 28): Conifex temporarily reduces Mackenzie sawmill to single shift; Rosboro temporarily reduces production at Springfield, Oregon stud lumber mill; Tahoe Forest Products plans to build sawmill in Nevada
RBC Capital Markets LLC (09/01)

Fortress Building Products enters into exclusive distribution agreement with International Wood Products; it extends IWP's offering of Fortress products to deliver decking, fencing, framing, cladding, other products to California, Northern Nevada markets
PRWeb (09/01)

Oriented Strand Board (OSB)

LP holds grand opening of Houlton, Maine, mill after successful US$150M conversion to SmartSide production from OSB; mill will manufacture enough siding for 100,000 homes/year, benefit logging, transportation industries by increasing wood demand by 30%
Congressional Documents & Publications (09/01)

MDF, Particleboard & Non-Structural Panels

Turkey's Starwood now has three shifts operational at Inegöl after starting up new thin board plant; site's three Siempelkamp ContiRoll plants now produce more than 2,500-3,000 m3/day of MDF, L-MDF, thin board in thicknesses of 1.5 mm to about 18 mm
Siempelkamp Maschinen- und Anlagenbau (08/31)

Engineered Wood Products (EWP)

Western Forest Products completes acquisition of glulam manufacturer Calvert, which has two Washington State facilities with combined annual production capacity of some 35 mmbf; Calvert produced about 13 mmbf of glulam in 2021 on a single shift basis
GlobeNewswire Canada (09/01)

TallWood Design Institute to host 2022 Mass Timber Research Symposium on Oct. 13 at OSU, Corvallis, Oregon; more than 20 mass timber research projects will be reviewed in a high-level, short-duration format
Oregon State University (08/30)

Siding

Cornerstone Building Brands partners with celebrity couple from HGTV’s ‘Fixer to Fabulous,’ ‘Home Town Takeover’ and ‘Rock the Block’ to promote its Ply Gem Mastic siding and accessories
Business Wire (08/31)

Flooring

Former Armstrong Flooring executives say they are owed more than US$4.5M for unpaid earned vacation and other benefits; executives' claims are part of more than 2,900 claims following sale in July of company’s assets out of bankruptcy
Intelligencer Journal (09/01)

AHF Products paid US$24.3M for Armstrong Flooring’s plant and warehouse facilities, US$250,000 less than valued in bankruptcy documents; properties were part of US$107M sale of all of company's North American assets to AHF and liquidator Gordon Brothers
Intelligencer Journal (09/01)

Joinery/Doors/Windows

Building Industry Partners platform company Southeast Building Supply Interests acquires lumber, building materials, custom millwork supplier Buettner Brothers Lumber; acquisition expands SBSI's footprint to Alabama, adds truss manufacturing capability
Business Wire (08/31)

Jeld-Wen initiates strategic review of its Australasia business, which represents about 10% of global revenues; Australasia business employs some 5,000 people and comprises 41 manufacturing locations across Australia, Malaysia, Indonesia
PR Newswire  (08/30)

Wood Construction

Architect Magazine honors University of Virginia School of Architecture team with a 2022 R+D Award for Tangential Timber: Non-linear Wood Masonry; juror says research's significance is in how it rethinks 'use of an age-old material in completely new ways'
University of Virginia School of Architecture (09/01)

Australia needs one billion new production trees planted by 2030 to meet future wood needs and allow greater uptake of timber construction, says trade group CEO; Potsdam study finds building homes from timber could save 10% of world’s carbon budget
Australian Forest Products Association (09/01)

Building & Construction Use

Arkema finalizes acquisition of Mexico-based Polimeros Especiales, a maker of waterborne acrylic resins; company's products are used in applications ranging architectural and decorative paints, textiles, pressure sensitive adhesives and construction
Business Wire (09/01)

Canada-based nonwovens producer Jasztex Fibers orders Andritz needle-punch crosslapper for Pointe Claire, Quebec, facility, starting up in Q2 2023; new line for PET blends for furnishing, filtration, blankets, construction, fire-retardants, transportation
Andritz AG (09/01)

Home/Residential Furniture

Furniture Insights: New orders down 39% year-over-year in June and down 27% year-to-date, but shipments remain strong, up 10% in June and up 7% year-to-date; survey finds order cancellation has shown up in big way, especially lower/middle price points
Smith Leonard PLLC (08/31)

Commentary: New home construction to almost completely shut down because it will be too costly to build homes that most buyers can afford, says economist; builders are feeling pain of tanking demand and slowing down new construction, fueling vicious cycle
Business Insider (08/31)

Building Products & Wood

RMS helps architectural firm Levenbetts source sustainable timber products for Architecture at Home: house of trees : city of trees exhibition at Crystal Bridges Museum in Arkansas; project envisions climate-smart communities built with mass timber
Resource Management Service (RMS) (09/01)

Installed Building Products' 2022 ESG report highlights commitment to reducing environmental footprint, elevating neighborhoods it operates in, employee programs for health and safety, financial assistance, financial and emotional wellbeing coaching
Business Wire (09/01)

Derby Building Products' TandoShake selected for several beachfront projects to stand up to coastal weather on New Hampshire coastline; renovator favors product for needing 'no painting or upkeep', says it will last for decades even against harsh elements
PRWeb (08/31)

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 Home Improvement/Furniture

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