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.
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Ontario’s Kenora Forest Products Sawmill Prepares For 2015 Restart
The restart of a mothballed Kenora stud mill and a major expansion is hinging on the final approval of a Crown wood supply. The Manitoba parent company of Kenora Forest Products, Prendiville Industries, is prepared…
Universal Forest Products Acquires Rapid Wood Lumber Supplier
Universal Forest Products has purchased the assets of Idaho-based Rapid Wood Mfg., which supplies lumber products for manufactured housing. “This is a good opportunity to establish a manufacturing and sales presence in Idaho, bringing us…
U.S. Hardwood Lumber Demand Will Slow In February 2015
Hardwood Publishing has released its updated Leading Hardwood Demand Indicator (LHDI), a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets. The LHDI…
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