by Web Editor | Dec 11, 2015 | News
Boise Cascade Company, one of the largest producers of plywood and engineered wood products in North America and a leading U.S. wholesale distributor of building products, is expanding its existing operations in Chester County. The company is investing $23.5 million in the facility, creating 52 new jobs in Chester, S.C.
In 2013, Boise Cascade acquired Chester Wood Products, effectively establishing the company’s first Palmetto State operations. Operating today as Chester Plywood, Boise Cascade has decided to expand its Chester County operations in an effort to better serve its growing customer base. With respect to its investment in the facility, which is located at 1445 Lancaster Highway in Chester, Boise Cascade has already begun installing new equipment and expanding the warehouse.
With a heritage dating back to 1957, and headquartered in Boise, Idaho, Boise Cascade manufactures engineered wood products, plywood, lumber and particleboard. As a national distributor, the company operates more than 30 distribution centers across the U.S.
Hiring for the new positions began in the third quarter of 2015, and will continue through the first quarter of 2016.
The Coordinating Council for Economic Development has approved a $100,000 Rural Infrastructure Fund grant to Chester County to assist with the costs of real property improvements.
From the S.C. Department Of Commerce: https://sccommerce.com/news/press-releases/boise-cascade-company-expanding-chester-county-operations
by Web Editor | Dec 9, 2015 | News
Massive U.S. industrial wood pellet exports to meet green energy goals in Europe is not a threat to the sustainability of U.S. Southern forests, says a new report from the pellet manufacturers.
Drawing from U.S. government and available market data, the report was commissioned by the U.S. Endowment for Forestry and Communities, National Alliance of Forest Owners (NAFO) and the U.S. Industrial Pellet Association (USIPA) – three organizations representing the producers of wood pellets and their suppliers.
The report reveals that industrial pellet exports represent a very small part of forest harvests in the U.S. South, the groups say. Panel manufacturers have expressed concern that drawing too much wood pulp for fuel will raise prices on raw material for OSB and plywood.
• Total removal of wood in the U.S. South for all markets is 3.3% of the total forest inventory.
• Pellet exports represent 0.08% of the total inventory.
• In 2014, pine removals for industrial pellet production totaled 3.7 million tons or 0.3% of the pine pulpwood inventory and 0.09% of the total pine inventory.
• In 2014, hardwood removals for industrial pellet production totaled approximately 2.4 million tons or 0.2% of the hardwood pulpwood and 0.06% of the total hardwood inventory.
• In 2014, pellet exports from the U.S. South to Europe, which represent the vast majority of U.S. pellet exports, were 3.6 million metric tons, or 40% of Europe’s 9 million metric ton industrial pellet consumption.
• Future industrial demand for U.S. pellets overseas represents 0.3% of total forest inventory in the U.S. South.
From Woodworking Network: https://www.woodworkingnetwork.com/wood/pricing-supply/infographic-using-wood-pellets-fuel-no-threat-forests-or-panel-makers?ss=wood,wood,wood_of_the_month,wood,pricing_supply,wood,components_sourcing,wood,panel_supply,wood,wood_veneer,wood,lumber_quotes_charts
by Web Editor | Dec 7, 2015 | News
Increasing housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry of 1%-3% in 2016, underpinning the current stable outlook for the sector for the next 12 months, says Moody’s Investors Service in a report published today. However, the outlook for the Printing and Writing Paper segment is negative as digital alternatives continue to curb paper demand.
“Our outlook for the global paper and forest products sector over the next year remains within our stable range as increasing home construction and economic growth drive wood product, packaging and market pulp earnings growth in the low single digits in 2016,” says Ed Sustar, a Moody’s Vice President — Senior Credit Officer and author of the report.
The outlook for the Paper Packaging and Tissue segment will be stable with operating earnings forecast to grow by 0%-4% on the back of increased (1) packaging demand, driven by modest economic uptick and stable food consumption; and (2) tissue demand, driven by population growth and improving hygiene standards.
Expected improvements to US housing starts will likely prop up end-market demand for timber, lumber, oriented strand board and engineered wood products in 2016, which will in turn support the stable outlook for the Wood Products/Timberland segment. However, lower Chinese infrastructure spending is pressuring North American log and lumber exports. Operating earnings in this sector are expected to grow by between 0%-4% in 2016.
Operating earnings growth for 2016 in the 1%-3% range will support the Market Pulp segment’s stable outlook. Prices across most grades (hardwood, softwood, dissolving pulp) will remain flat or decrease as capacity increases outpace demand. As additional pulp capacity comes on-line, inventory management across the fragmented global pulp industry will remain critical to balancing supply and demand.
From Moody’s: https://www.moodys.com/research/Moodys-Stable-2016-outlook-for-global-paper-and-forest-products–PR_340351
by Web Editor | Dec 4, 2015 | News
Arauco has acquired 50 percent of Tafisa’s assets, including 10 composite panel mills in Europe and South Africa, for $150 million.
Announced Nov. 30, the acquisition does not include Tafisa’s North American operations and its laminates and components businesses, which will continue to be fully owned by parent firm Sonae Indústria.
When completed, the new company will be called Sonae-Arauco. According to information from Arauco, estimated annual sales for the new business are $900 million. Located in Spain, Portugal, Germany and South Africa, the 10 mills produce 4.2 million cubic meters of composite panel products and employ 3,000 people.
Sonae-Arauco’s production capacity will be about 460,000 m3 of OSB, 1.45 million m3 of MDF, 2.27 million m3 of particleboard and 100,000 m3 of sawn timber.
With the acquisition, Arauco says it is now the second largest producer in the wood panel global ranking, with an annual production of 9 million m3.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/arauco-buys-50-interest-tafisa-0?ss=wood,wood,wood_of_the_month,wood,pricing_supply,wood,components_sourcing,wood,panel_supply,wood,wood_veneer,wood,lumber_quotes_charts
by Web Editor | Nov 30, 2015 | News
We get so excited about Cross-Laminated Timber (CLT), the fancy plywood on steroids that we talk so much about on TreeHugger. But in fact, there is a much older technology for building with wood, that warehouses and factories were built out of 150 years ago with a fancy new name: Nail-Laminated Timber, or NLT. It used to be known as heavy timber or mill decking and is drop-dead simple: you just nail a pile of lumber together and voila.
Lucas Epp of Structurecraft stunned the audience in a presentation at the Wood Solutions Fair in Toronto, showing extraordinary projects built out of the stuff. Because while CLT is great stuff, it’s pretty new in North America, it’s expensive, and it’s not fully understood by the building inspectors. Whereas if you are doing a simple span, NLT does the job just fine, it’s a lot cheaper, can be made by anyone with a hammer and has been in the building codes forever.
It’s now being used in a 210,000 square foot, seven story office building in Minneapolis, where the developer, Hines, wanted “the warmth of wood and the embrace of green construction techniques and materials” to attract the tech and creative sector of the market. It also goes together much faster than a conventional steel or concrete building.
Heavy timber office and warehouse construction fell out of favor early in the 20th century after major fires in a number of cities caused the switch to concrete and steel noncombustible construction. The development of effective sprinklers has reduced that risk, and concerns about the carbon footprint of concrete have made renewable wood look a lot more attractive.
From TreeHugger.com: https://www.treehugger.com/green-architecture/old-new-again-nail-laminated-timber.html?utm_source=WIT112715&utm_medium=Email&utm_campaign=WeekInTrees
by Web Editor | Nov 20, 2015 | News
Portland is growing up—adding high-rises, increasing density, and pricing many people out. But two local firms are exploring a state-of-the-art building material that could help solve the city’s affordability problem, create living-wage jobs in rural communities, and help save the planet. It’s wood.
Right now, Portland-based LEVER Architecture and real estate development firm Project^ are designing a 12-story mixed-use wood building in the Pearl District that will be made primarily of a material called cross-laminated timber (CLT).
That’s an unheard of height for wood structures, which top out at six stories in most of the US. And it’s not the project’s only unique attribute. Five of those stories will be affordable housing, something Portland desperately needs.
LEVER and Project^ have partnered with Beneficial State Bank (which owns the property at 430 NW 10th), Albina Community Bank, and the housing agency Home Forward on the development, which they’re calling Framework.
The team’s ideas received national attention: In September, the US Department of Agriculture awarded the project a $1.5 million grant—money that will help alleviate the cost of proving to state and local building authorities that tall wooden buildings can meet safety requirements for earthquakes, fires, and other perils.
From The Portland Mercury: https://www.portlandmercury.com/portland/the-worlds-most-sustainable-high-rise-construction-material-is-wood/Content?utm_source=WIT112015&utm_medium=Email&utm_campaign=WeekInTrees&oid=16991973
