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.”
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Katerra Raises $865 Million As It Redefines The Construction Industry
Katerra, a technology company redefining the construction industry, recently announced an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and…
Forest Products Manufacturers Applaud EPA Permit Streamlining
American Forest & Paper Association President and CEO Donna Harman and American Wood Council President and CEO Robert Glowinski issued the following statement regarding the Environmental Protection Agency’s (EPA) issuance of new guidance to reclassify…
Rise Of Mass Timber Buildings Showcase Its Increasing Credibility
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