APA Releases 2016 Structural Panel & Engineered Wood Yearbook

by | Aug 17, 2016 | News

The 2016 Structural Panel & Engineered Wood Yearbook has been released by APA – The Engineered Wood Association. The yearbook includes an analysis of the U.S., Canadian, and global economies, focusing on factors that impact demand for engineered wood products across several market segments as a basis for forecasting expected production of engineered wood products over the next five years. Besides the analysis and forecast, the yearbook also includes historical data on engineered wood production. Topics examined in the yearbook include:

• U.S., Canada, and World economies
• Residential construction in the U.S. and Canada, new and repair/remodel
• Nonresidential and industrial markets
• North American imports and exports
• Outlook and production statistics for structural panels (OSB and plywood), including historical data
• Engineered wood product demand and production (glulam, I-joists, and LVL)

Driven by healthy employment gains over the last three years, annual household growth in the U.S. is back to the 1.2 million level, with demand for new housing units also back to the 1.5–1.6 million unit level. Buoyed by low interest rates, which are expected to remain below 4 percent for most of 2016, construction of new single-family homes in the first quarter of 2016 was up almost 5 percent from the pace of the fourth quarter of 2015, the highest quarterly starts rate since the fourth quarter of 2007. While demand is high in the U.S., the primary concern for the rest of 2016 and for the next several years is the ability of the supply-side forces to respond to this improvement. Home builders report that factors including a lack of developed lots and the shortage of skilled construction labor have combined to constrain their ability to respond to the increased demand for housing. Eventually these constraints will lessen; housing starts are projected to return to approximately 1.5 million units by decade’s end, with a concurrent growth in engineered wood products output ranging from 19–28 percent during this period.

From Woodworking Network: https://www.woodworkingnetwork.com/news/almanac-market-data/apa-releases-2016-structural-panel-engineered-wood-yearbook?ss=news,news,woodworking_industry_news,news,almanac_market_data,news

In Depth: U.S. Lumber And Structural Panel Trends

by | 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/