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
Vaagen Puts Emphasis On Midway Closure
Vaagen Fibre Canada (an affiliate of Vaagen Brothers Lumber) announced it is shutting down its Midway, BC sawmill indefinitely, while indicating it is looking for solutions to keep the operation going, and encouraging those impacted throughout the Boundary, West Kootenay, and Okanagan regions to appeal to the Ministry of Forests…
U.S. Housing Starts Dipped Slightly In 2022
U.S. housing starts for 2022 came in at 1.553 million units, down 3% from 2021, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts took the biggest hit, down 10.6% to 1.007 million, while multi-family (five units or more) increased 14.5% to 528.9 million…
Biochar Plant Nears Completion
Standard Biocarbon Corp. is building a biochar plant in Enfield, Maine, on a two-acre parcel purchased from adjacent Pleasant River Lumber, whose sawmill will provide chips for the biochar operation. Foundations for the prefabricated building were raised in early January and a shipment of machinery arrived just before Christmas…
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