Boise Cascade Company (BCC) has issued a WARN Act notice to the employees at their Elgin Oregon facility, for the possible reduction of production effective January 1st, 2021.
News in structural panels
European Union Starts Anti-Dumping Procedure on Imported Russian Birch Plywood
Following a complaint brought by the Woodstock Consortium acting on behalf of the Union producers of birch plywood, who represent a majority of the total European Union (EU) production of the product, the EU has launched an anti-dumping procedure for the import of birch plywood from Russia.
South Korea’s Trade Commission Finalizes 10.65% Duties on Imported Plywood Products from Vietnam
Following a nine-month probe, South Korea’s Trade Commission has called for anti-dumping duties of 10.65% for five years against Vietnamese plywood products for causing damage to South Korean producers.
Japan’s Plywood Imports Declined Steadily in First Half of 2020
As reported by the International Tropical Timber Organization (ITTO), Japan’s plywood imports for the first half of 2020 have steadily declined.
All Six Freres Lumber Company Mills Survive The Beachie Creek Wildfire Undamaged
Rob Freres, the president of Freres Lumber Company is reporting the all six Freres mills located in Lyons and Mill City Oregon have survived the Beachie Creek wildfire undamaged.
Malaysian Plywood Manufacturers Dealing with Multiple Competitive Issues
Malaysian plywood manufacturers are dealing with weak export demand, softening prices and reduced purchases from their largest trading partner, Japan, who is purchasing more panels from Indonesia, as well as having increased internal production.
Brazilian Exports of Wood-Based Products Increased 14.8 % in July 2020
According to the International Tropical Timber Organization the value of Brazilian exports of wood-based products (except pulp and paper) increased 14.8% in July to $268.8 million, when compared to July 2019, $ 234.1 million.
The Perfect Storm has led to Lumber, Panel and Building Materials Cost Skyrocketing
John Gunkelman is the owner of Fargo’s Dakota Construction and is the immediate past president of the Home Builders Association of Fargo-Moorhead. Gunkleman sums up the current spike in lumber, panels and building materials in just ten words, “The numbers are just kind of going through the roof.”
Builders FirstSource, Inc. and BMC Stock Holdings Announce Mega Merger
Builders FirstSource, Inc. and BMC Stock Holdings, Inc., today announced that they have entered into a definitive merger agreement under which Builders FirstSource and BMC will combine in an all-stock merger transaction to create the nation’s premier supplier of building materials and services with over $11 billion in annual sales.
Hurricane Laura Will Disrupt Gulf Coast Forest Products Industry
Nearly 50 forest product mills in the path of Hurricane Laura.