The 2018 Farm Bill established and authorized funding for the Community Wood Energy and Wood Innovation Program. Grants awarded through the program help fund the capital costs for installing wood energy systems or building an innovative wood product facility.
News in lumber
Mobile Sawmill Helps Homeowners Turn Downed Trees into Lumber Products in N.W. Florida
Mike Smidt owns a mobile sawmill. With the help of his sons and father they have been working every weekend since Hurricane Sally hit Northwest Florida and toppled a lot of tree.
Analysts Expect Lumber and Panel Pricing and Demand to Remain Strong for the next Several Years
Despite recent declines from record breaking high levels, forest product market experts anticipate prices for lumber and panels will remain strong throughout North America for the next several years. The demand for building products will be led by both new construction and home renovation as tight inventory and aging existing homes, along with low interest rates and untapped home equity.
European Lumber Exports Continue to Grow
European lumber exporters continue to expand their overseas sales markets. Growing them over the past ten years from 30% to 45% and with a fifth of total export production in 2020 going to Asia. Traditionally most of the shipments went to neighboring countries on the continent and about 20% being shipped to the Middle East\Northern Africa, the US and Japan.
Hampton Lumber CEO Reports Fort St. James Mill Rebuild Remains on Schedule
Steve Zika, the CEO of Hampton Lumber, put to rest the rumors that the company is planning on delaying the construction of the Fort St. James mill. In a statement Zika said, “None of that is true; nothing has really changed with the plans for the mill or the dates; we have said it is going to be approximately two thirds of the size of Babine mill and that’s how it will be.”
The Sale of the Kenora Forest Products Sawmill Sale to 1347 Investors LLC., Completed
According to an October 6th, press release, the sale of the former Kenora Forest Products sawmill, in Kenora, Ontario, Canada has been completed.
Year-Over-Year Canadian Lumber Production 1.5% Higher in July 2020
Statistics Canada is reporting that Canadian Lumber production decreased -7.4% from June’s 4 491.1 thousand cubic meters in July 2020. Year-over-year production was 1.5% higher (July 2019 – July 2020).
SDS Lumber Company Exploring Changes to their Diverse Businesses
SDS Lumber Company, founded nearly 70-years ago, has announced that it is in the process of actively exploring changes to their diverse businesses.
United States Appeals World Trade Organizations Ruling on Canadian Lumber Subsidies
The United States announced on Monday, (9/28) that it has appealed a World Trade Organization (WTO) ruling that favored Canada in the longstanding battle over lumber imports, describing the decision as “deeply flawed”.
Best Wood Schneider GmbH Releases Details on High-Tech Sawmill in Meßkirch
Best Wood Schneider GmbH with production site in southern Germany has released more details on their plans to build a state of the art, Euro 80 million sawmill in Meßkirch. The new mill will produce up to 200,000 m3 of lumber and 100,000 m3 of CLT per year.