Structural Panel Production Rose
North American structural panel production increased 2.6% to 30.68 billion SF in 2014 compared to 2013.
OSB production was up 6% to 19.88 billion SF, with U.S. production increasing 4.1% to 13.008 billion SF and Canadian production increasing 9.7% to 6.877 billion SF.
Plywood production was down 3.1% to 10.795 billion SF, with U.S. output falling off 3.9% to 8.985 billion SF while Canadian production increased 1% to 1.810 billion SF.
North American glulam production was up 1.4% to 254.8 million board feet. I-joist production was up 7.4% to 672.2 million linear feet, and LVL production increased 11.7% to 63.9 million cubic feet.
U.S. plywood exports to Mexico and the offshore markets totaled 358MMSF, down 15% from 2013, including a 33% decline in exports to China.
U.S. plywood imports from offshore totaled 424MMSF, up 3.2%, while Canadian plywood imports from non-U.S. sources were 50MMSF, up 22%.
Latest News
West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Idaho Producers Supply Mass Timber Arena
Industry stakeholders of all types worked to supply materials for the recently opened ICCU Basketball Arena at the University of Idaho in Moscow. The 4,000 seat facility, which opened in October 2021, incorporates several innovative mass timber elements across some of the longest spans in the country. Designers and engineers…
Sherwin-Williams Enters Resin Game
Sherwin-Williams is acquiring Specialty Polymers, Inc., a leading manufacturer and developer primarily of water-based polymers used in architectural and industrial coatings and…
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