The forest products industry is complex and hyper-changeable. To successfully play in this universe, you need advice, data, and an overview from an unbiased, details-obsessed, independent source. Economic forecasts, lumber, timber, panels, mass timber and engineered wood products – this is FEA.
If a tree falls in the forest, we not only hear it – we follow it, analyze it and track it.
Whatever’s happening along the forest supply chain, from planting to felling to final use, we’re watching it, regionally, nationally, internationally. FEA people seek out every forestry detail, are obsessed with economics, trends and providing clients with deeply-rooted advice that informs their important decisions.
Why we’re here
We formed FEA when we recognized a need in the industry for impartial, exhaustive analysis, accessible data and customized consulting. FEA analysts come from all areas of the timber industry – when they talk, industry listens.
FEA markets our knowledge and data through analytical products that cover the forest product industry. These include Monthly Advisors and newsletters for near-term analysis, the Quarterly Forecasting Service for a longer-term outlook and an extensive historical database, as well as the industry's only comprehensive, up-to-date, mill-level capacity reports, categorized by sector.
One Sky Forest Products Ltd., working together with its Indigenous partners, is moving forward with the development of a best-in-class, low-cost commodity Oriented Strand Board (OSB) facility in Prince Albert, Saskatchewan, Canada. Construction of the new facility is scheduled to start in Q3 2022, with start up targeted for 2023.
“We are now the first in the world to use advanced robotics to automatically assemble mass timber building systems that have been tested to meet the latest building code and net zero standards,” Intelligent City Co-Founder Oliver Lang says. The company is currently working on project totaling 2880 homes in Canada and 1400 homes in the U.S., many of which are supported by BC Wood.
Established following the closure of the Northern Pulp Mill in New Glasgow, Nova Scotia in January 2020, the Nova Scotia Forestry Innovation Transition Trust recently announced that it is investing $9.8 million (CAD) in the Family Forest Network (FFN) for a five-year pilot project. It will focus on ecologically sensitive forest treatments on 200 small private wood lots in the province.
Over the 15 months—since North America’s economies hit their pandemic-induced bottoms—much discussion in the wood products industry has centred on access to employees. Producers of solid wood products were particularly challenged to meet the demand from builders and DIYers, resulting in record-high prices for finished goods. Of course, 2020 was not just the year of the pandemic: It also saw a record number of hurricanes in the South, record fires in the West, and social unrest nationwide. What a year!
Over the past year—a large portion of which was impacted by the coronavirus—much discussion in the wood products industry has centred on access to employees. While many wood products prices soared to new highs amid solid housing starts and strong residential improvement spending, producers were challenged to meet demand from builders and DIYers. During this period of high demand and high prices for finished goods, timber prices and production levels were largely unaffected. Of course, 2020 was not just the year of the pandemic: it also saw an unprecedented number of hurricanes in the South, record fires in the West, and social unrest nationwide. What a year!
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