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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LP Building Products, Sherwood Lumber Partner On Engineered Wood
LP Building Products and Sherwood Lumber announce the distribution of the full line of LP SolidStart Engineered Wood Products to the distributor’s locations in Holtsville/Long Island, New York; North Bergen, New Jersey; and Palmer, Massachusetts. This increased...
Labor Rule Could Make Wood Industry Workers Eligible For Overtime Pay
Tens of thousands of U.S. businesses - including wood manufacturers and their suppliers - will be affected when new changes to the wage and hour rules take effect December 1. The Department of Labor has amended the annual earnings threshold for employees to qualify...
USDA Awards Funds To Grow Wood Energy And Wood Products Markets
The U.S. Department of Agriculture's Forest Service Chief Tom Tidwell today announced over $8.5 million to expand and accelerate technologies and strategies that promote the use of wood in commercial construction, heat and power generation, and other wood product...
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