by Web Editor | Apr 20, 2016 | News
Capacity for the North American composite panel industry is expected to increase 4.21 percent in 2016, Composite Panel Association Chairman Steve Stoler told a record crowd at the CPA’s spring meeting in Tucson, Arizona. Increased usage of engineered wood panels in cabinetry, furniture, flooring and other products is helping spur the growth.
The upward trend follows a three-year capacity decline, reported Stoler, general sales manager of Boise Cascade. Capacity is defined as the amount of panels produced, based on maximum press utilization.
“I’ve been encouraged by signs of growth an new investment in our industry after a long period of inactivity,” Stoler said, citing recent announcements of plant upgrades and new lines. The addition of three mills in Mexico also is projected to increase North American MDF capacity by 10 percent.
The CPA also projects shipments of particleboard and MDF to grow 3 percent in 2016. Last year’s shipments of U.S. and Canadian panels hit 5.561 BSF, which was up 3 percent from 2014 figures.
More than 300 people from more than 100 companies attended the April 17-20 CPA event.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/composite-panel-market-to-grow-4-percent?ss=news,news,woodworking_industry_news,news,almanac_market_data,news
by Web Editor | Mar 25, 2016 | News
Boise Cascade Co. has received antitrust clearance from the United States Department of Justice to proceed with its previously announced acquisition of Georgia-Pacific LLC’s engineered lumber production facilities located at Thorsby, Alabama, and Roxboro, North Carolina. Boise Cascade plans to complete the acquisition by the end of March 2016.
The Thorsby facility produces laminated veneer lumber (LVL). The Roxboro facility currently produces I-joists. Roxboro’s LVL production assets are currently idled. Boise Cascade expects to invest capital and hire additional employees to increase production at these mills in 2016 and beyond to obtain significant logistics benefits as well as to meet expected growth in new residential construction. Boise Cascade believes the addition of Thorsby and Roxboro will increase LVL billet capacity by 9 million cubic feet and I-joist capacity by 80 million lineal feet.
“We are pleased to be expanding our engineered wood products business and positioning ourselves to support customers as the U.S. housing recovery continues in the years ahead,” said Tom Corrick, CEO of Boise Cascade, when the acquisition was first announced.
“The additional engineered lumber capacity at Thorsby and Roxboro fit very well with our existing production facilities and will help us cost effectively deliver products to our customers. There are tremendous opportunities to optimize our mill system, and realize freight and other cost synergies. The acquired mills are located in attractive wood baskets with competitive fiber costs and improve our ability to support high growth housing demand.”
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/boise-cascade-gets-antitrust-clearance-engineered-lumber-acquisition?ss=news,news,woodworking_industry_news,news,almanac_market_data,news
by Web Editor | Mar 9, 2016 | News
With housing starts growing in both single-family and multifamily categories, lumber suppliers are looking to advance their product lines beyond the commodity mindset to help builders resolve more challenges. They also point to the many intangibles provided by suppliers that provide values beyond the initial price when considering options for dimensional lumber, OSB, plywood and structural panels.
“The trend we’re seeing with OSB panels is a move to enhance products in different ways,” says George Hendry, market development manager at Weyerhaeuser. “Builders are struggling with reduced levels of skilled labor, so they’re looking at enhanced panels to help them find ways to make products easier and faster to install. They want attributes that will enhance performance in the field.”
Adds Ray Peters, vice president of marketing at RoyOMartin, “Our new products are aimed at finding ways to decommoditize OSB and excel at all three factors that drive purchase decisions: price, quality and delivery. We want to stand out in that equation.”
Reducing processes and steps for installation has become a priority as builders face new challenges. “One headwind we face today is the shortage of skilled labor in many markets,” says Mary Jo Nyblad, commodity sales and marketing director at Boise Cascade. “Finding, training and retaining qualified employees at all levels of our industry will continue to be a challenge. We as an industry have done a poor job of marketing ourselves. We’re a well-kept secret, especially for young people. It’s a big blind spot.”
A prime focus for adding value has been protecting panels against moisture during the construction process and afterward, helping overcome issues with less efficient crews and eliminating the need for adding housewrap in a separate step. “Products that provide wet-weather protection are popular, as are those that need less sanding and prep time for framers and floor installers,” notes Weyerhaeuser’s Hendry.
From LBM Journal: https://www.lbmjournal.com/in-depth-lumber-and-structural-panels-2016/
by Web Editor | Dec 29, 2015 | News
Georgia-Pacific LLC announced today that it has reached an agreement to sell its engineered lumber business to Boise Cascade for $215 million, including working capital. The transaction is subject to standard regulatory review and other customary closing conditions.
“Georgia-Pacific is firmly committed to the building products industry. Although the engineered lumber business has been profitable and employees have done a great job running safe, productive assets and meeting our customers’ needs, it is not a large part of our overall building products division,” said Mark Luetters, Georgia-Pacific executive vice president–building products. “We believe this potential sale to an established player in the industry is in the best interest of our engineered lumber employees, customers and stakeholders.”
Once completed, the sale will include the engineered lumber operations located at Thorsby, Alabama, (approximately 230 employees) and Roxboro, North Carolina, (approximately 40 employees), along with a commercial sales and technical team.
From LBM Journal: https://www.lbmjournal.com/georgia-pacific-to-sell-engineered-lumber-business-to-boise-cascade/
by Web Editor | Dec 11, 2015 | News
Boise Cascade Company, one of the largest producers of plywood and engineered wood products in North America and a leading U.S. wholesale distributor of building products, is expanding its existing operations in Chester County. The company is investing $23.5 million in the facility, creating 52 new jobs in Chester, S.C.
In 2013, Boise Cascade acquired Chester Wood Products, effectively establishing the company’s first Palmetto State operations. Operating today as Chester Plywood, Boise Cascade has decided to expand its Chester County operations in an effort to better serve its growing customer base. With respect to its investment in the facility, which is located at 1445 Lancaster Highway in Chester, Boise Cascade has already begun installing new equipment and expanding the warehouse.
With a heritage dating back to 1957, and headquartered in Boise, Idaho, Boise Cascade manufactures engineered wood products, plywood, lumber and particleboard. As a national distributor, the company operates more than 30 distribution centers across the U.S.
Hiring for the new positions began in the third quarter of 2015, and will continue through the first quarter of 2016.
The Coordinating Council for Economic Development has approved a $100,000 Rural Infrastructure Fund grant to Chester County to assist with the costs of real property improvements.
From the S.C. Department Of Commerce: https://sccommerce.com/news/press-releases/boise-cascade-company-expanding-chester-county-operations
