First Southeast U.S. CLT Plant Announced
International Beams, which has EWP (LVL, I-joist and rimboard) manufacturing facilities in Quebec and Ontario and is headquartered in Sarasota, Fla., was approved to receive tax incentive abatements for 10 years by the state of Alabama and the Houston County and 20 years by the city of Dothan.
Additionally, the Commission approved appropriating $632,000 to the Industrial Development Board of Dothan to meet obligations with the Alabama Municipal Electric Authority to facilitate the IB XLAM USA project.
Latest News
PotlatchDeltic Sells Minnesota Acreage
PotlatchDeltic Corp. officials recently announced an agreement to sell 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million. The transaction is expected to close in the second half of 2020. Company officials noted the sale is part…
Indonesia To Keep Export License System
Backing off an earlier announcement that Indonesian wood products exporters would no longer need to obtain a license showing the wood’s origin and legality, Indonesia’s Ministry of Trade recently reversed itself after an outcry from wood…
Interfor Lays Off Gilchrist Staff
Following an earlier announcement, Interfor began laying off 130 of 150 employees at its Gilchrist, Ore. sawmill in late June. Company officials cited difficulties with the coronavirus issue and overall market conditions as reasons for the layoffs…
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