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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Weyerhaeuser Explores Sale Of South American Timberland, Operations
Real estate investment trust Weyerhaeuser Co. said on Wednesday it was exploring strategic alternatives, including a possible sale, for its timberlands and manufacturing operations in Uruguay. The Uruguay operations include more than 300,000 acres of timberlands in...
Composite Panel Industry Continues To Adjust
From: Panel World Staff A report conducted by Forest Economic Advisors and released by Composite Panel Association says that in 2015, the total (direct, indirect and induced) impacts of U.S. CPA-member composite panel manufacturing on the U.S. economy were $7.05...
D.R. Johnson Ready To Serve New Wood Building Market
If the vast potential of timber construction isn't obvious, a new exhibit at Washington D.C.'s National Building Museum aims to clear things up. Running through May 2017, the USDA-sponsored Timber City is drawing attention to the recent boom in a worldwide movement...
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