News & Updates
Build Back Better Awards Oregon Group
Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass Timber Modular Manufacturing Facility at Marine Terminal 2 in Portland…
Teal Jones Group Proposes $110.5 Million Sawmill In Louisiana
Teal Jones Group owners Tom and Dick Jones announced that the company is evaluating Bossier Parish, La., for a planned $110.5 million southern yellow pine lumber plant to produce a range of dimensional and specialty lumber products with an…
AWC Announces New Chairman Of Board Of Directors, Adds New Member
The American Wood Council (AWC) has announced the election of PotlatchDeltic President and CEO Eric Cremers as the Chairman of the AWC Board of Directors for a two-year term, effective January 1, 2022…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Single-Family, Multi-Family Starts Flourished In November
U.S. housing starts increased a whopping 11.8% in November over October to a seasonally adjusted annual rate of 1.679 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential…
BC Plans Rankles Industry
Susan Yurkovich, President and CEO of the BC Council of Forest Industries, says the British Columbia Government’s apparent intention to defer 2.6 million hectares of old-growth across British Columbia will have a “profound and devastating impact on people, families and communities across the province…
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