by Web Editor | Jul 8, 2015 | News
Luxor Begins Manufacturing Architectural Wood Products For Woodtone Industries
Luxor Industrial Corporation is pleased to announce that it has commenced manufacturing architectural wood products for Woodtone Industries based in Chilliwack, British Columbia. Luxor has received orders for 788 units of knee-braces and 400 units of corbels.
Typically these products used in residential construction are manufactured from lumber; Luxor is using engineered wood products, namely glulam beams. Luxor has developed an expertise in fabricating engineered wood products for uses in wood frame construction and now is utilizing this expertise to fabricate architectural wood products. Following initial shipments, Woodtone has been very pleased with the quality of products manufactured.
Manufacturing products for use in residential construction is important to the company. Cash flow from these products, which include architectural wood products, precision end trimmed wall studs and patented IBS 2000 and patent pending IBS3000 floor engineered bridging, account for two-thirds of the company’s overheads.
Luxor continues to do research and development on new products and will keep shareholders advised on existing activities and progress on new products.
From GlobeNewswire: globenewswire.com.
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by Web Editor | Jul 6, 2015 | News
APA – The Engineered Wood Association has released its 2015 Market Outlook report.
Similar to 2014, extremely harsh weather caused home building to stall in the eastern half of the U.S. during the first quarter of 2015. However, with mortgage rates below 4 percent, new home sales rose 9 percent versus the fourth quarter of 2014, an indication that new home demand is improving. Brighter employment prospects for young adults is leading them to head out on their own, adding to the strength in the demand for new apartment buildings. These forces point to the recovery in residential construction getting back on track in the second half of this year.
“The biggest changes in the economic environment since a year ago are the strength of the U.S. dollar, the drop in oil and gasoline prices, and efforts by central bankers to stimulate their economies by driving down long-term interest rates,” said Joe Elling, market research director for APA. “This mix of events is likely to support lower interest rates in the U.S. than what was expected a year ago at this time. We are still in an unprecedented situation with respect to Federal Reserve policy though, and I remain concerned about the ability of the Fed to return its balance sheet to a more normal state without a major disruption in financial markets here and abroad.”
Critical to the strength in the demand for new housing is the ability of young adults to have the economic wherewithal to be on their own and, ultimately, to be able to own a home. Despite very favorable affordability conditions from a monthly standpoint, tight lending standards and heavy student debt burdens are constricting that group’s home-buying power. These conditions are expected to persist through the rest of the decade; thus, as housing starts return to their anticipated 1.5 million level by 2018-2019, multifamily starts are expected to account for roughly 36 percent of the total.
Housing starts in Canada totaled just over 198,000 units in 2014. Canada did not experience a housing bubble like the U.S did, but, similar to the States, multifamily unit structures are accounting for a greater share of new residential construction compared to 10 years ago. The forecast calls for starts in Canada to run in the 180,000-190,000 unit range, with multifamily units accounting for around 40 percent of the starts.
From APA – The Engineered Wood Association: https://www.apawood.org/market-outlook-2015
by Web Editor | May 29, 2015 | News
North American production of engineered wood products (EWP) declined again in the first quarter of 2015.
In spite of a customary seasonal revival compared to the previous quarter, production volumes of LVL and I-joists were down year on year. The weakening trend already seen in the fourth quarter of 2014 has therefore continued.
While the reason quoted for production cutbacks at the end of 2014 had been primarily the slow recovery of the business situation in new residential building and adjustments to stock, the weak start to 2015 has been partly blamed on the cool weather prevailing in most of the eastern federal states.
North American LVL production has declined year on year by 3%. A moderate minus of 1% in the USA is contrasted by a sharp fall of 17% in Canada.
From EUWID: https://www.euwid-wood-products.com/news/wood-based-panels/single/Artikel/north-america-ewp-production-declines-further.html
by Web Editor | May 20, 2015 | News
PFS Corp. and Timberco, Inc. (TECO), two third-party certification agencies that have been linked for almost 25 years, have merged as of May 1, the company said in the press release received by Lesprom Network.
On May 1, 2015, Jim Husom, President and CEO of PFS Corporation, and Steve Winistorfer, President and CEO of TECO, signed papers merging the two companies. In announcing the merger, Jim Husom commented, “This merger combines what have been two well-respected and successful companies into one; and as one, we’ll be able to provide even more effective and efficient service to our existing clients and grow our business more than we could individually.”
The two companies together provide certification and testing services for more than a dozen different building products, including engineered wood products like LVL, I-joists, and glued laminated timber; plus SIPs (structural insulated panels), OSB (oriented strand board), softwood and hardwood plywood, metal plate connected wood trusses, adhesives, pre-cast concrete panels, hearth products, and construction fasteners for approximately 500 manufacturing plants.
Their testing laboratories, located in Wisconsin and Oregon, perform a variety of structural tests, durability tests, formaldehyde emissions tests, and some fire tests. The PFS Manufactured Structures Division provides design approval and factory inspections to over 120 HUD Code and modular building factories in 39 states and Canada.
From Lesprom Network: https://www.lesprom.com/en/news/PFS_Corporation_and_TECO_merge_67829/
by Web Editor | Apr 24, 2015 | News
Although it may seem counter-intuitive, it would be better if we built buildings from wood than from concrete, brick, aluminum and steel.
We use millions of tons of these modern materials every year. They have many valuable properties, but are energy-intensive to create, accounting for around 16% of the entire planets’ fossil fuel production. Instead we could be using wood, which is also strong, renewable, and plentiful – we use only a fraction of the world’s available forestry resources.
Our research, published in the Journal of Sustainable Forestry, estimated that the world’s forests contain about 385 billion cubic meters of wood, with an additional 17 billion cubic meters growing each year. A mere 3.4 billion cubic meters is harvested each year, mostly for subsistence fuel burning; the rest rots, burns in fires, or adds to forests’ density.
Swapping steel, concrete, or brick for wood and specially engineered wood equivalents would drastically reduce global carbon dioxide emissions, fossil fuel consumption and would represent a renewable resource. What’s more, managed properly this can be done without loss of biodiversity or carbon storage capacity.
In our study undertaken by scientists from the Yale School of Forestry & Environmental Studies and the University of Washington’s College of the Environment we evaluated various scenarios including leaving forests untouched, burning wood for energy and use of wood as a construction material.
From Architecture & Design: https://www.architectureanddesign.com.au/comment/swap-steel-concrete-and-brick-for-wood-wooden-buil?utm_source=WIT042415&utm_medium=Email&utm_campaign=WeekInTrees
