besse forest products closes three veneer, lumber operations
The move comes after Besse Forest Products was sold to the Florida-based Hoffmann Family of Companies private equity firm in March 2024, and the company seeks to lower costs across its 10 newly acquired production facilities. Officials with Besse Forest Products said the closures were “due to an unprecedented industry downturn.”
Latest News
Katerra Receives $865 Million To Fund Massive CLT Plant
Katerra, a high-tech construction firm, has secured $865 million in funding from SoftBank Vision Fund. That money will go toward ongoing projects in the U.S., like the company's planned cross-laminated timber plant in Washington, as well as research and development...
CLT Panel Fails During OSU Construction Project
From: Panel World Editors Officials with Oregon State University are investigating a construction incident when a CLT panel failed in mid March at a campus building project. A 4x20 ft. panel, part of the sub flooring between the building’s second and third floors,...
Washington OK’s Mass Timber Construction For State Building Codes
Washington State legislators changed building codes in new legislation, a move expected to increase in the use of mass timber products in commercial and residential construction. The Washington Forest Protection Association says the move will boost business for rural...
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