News & Updates
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…
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 4×20 ft. panel, part of the sub…
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…
Egger Group Breaks Ground On N.C. Office To Accompany Particleboard Plant
Egger Group, a wood-based materials supplier for the furniture, wood construction and flooring industries, broke ground on its North American corporate offices in North Carolina’s Davidson County. The Austrian panel producer says this is a…
Forisk’s 2018 Lumber And Structural Panel Projections
Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber…
Boise Cascade Acquires Tennessee Distributor
Boise Cascade Company is acquiring Lumberman`s Wholesale Distributors, a Nashville, Tenn.-based distributor of engineered wood products, commodity lumber items, and specialty building materials. The acquisition is expected to be complete in the coming weeks. Terms…
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