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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U.S. Homebuilders Face High Lumber Prices
Total housing starts rose 35% year-over-year in the first quarter of this year, according to data from Deloitte. Single-family home construction contributed 500,000 jobs to the economy year-over-year in July, implying a thriving builder market.…
J.D. Irving Sawmills Division Invests To Open Maine Sawmill, Creating 60 Jobs
J.D. Irving, Limited Sawmills Division announced today that it will invest $30 million in a new state-of-the-art softwood sawmill at Ashland (Nashville Plantation), Maine. During the construction phase, the new facility will employ up to…
Stella-Jones Invests As Wood Products Sales Rise
Stella-Jones Inc. says its pressure treated wood products sales rose 34% during the second quarter, as demand for utility poles and railroad ties were buoyed by the general economic recovery. Integration of the recently acquired…
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