News in structural panels


Federal Judge Issues Permanent Injunction Against Plywood Imported From Brazil With PFS-TECO Grade Stamp

On Tuesday, a lawsuit to stop the importation and sale of substandard structural plywood from Brazil ended with Federal Judge Roy Altman issuing a permanent injunction barring a long-time certifier from operations in Brazil. The injunction requires the revocation of all PS 1 certificates issued by PFS-TECO to over a dozen Brazilian mills producing structural plywood for the U.S.

Domestic Producers Could Benefit From a Proposed 50% Tariff on Imported Birch Plywood From Russia

Legislation passed last week by the U.S. House of Representatives would end “normal trade relations” with Russia and have a long-lasting trade impact if the proposed 50% tariffs on imports of birch plywood were to be put into effect. If signed into law, the Decorative Hardwoods Association said that this would create challenges for importers and potential opportunities for domestic manufacturers.

LP Building Solutions to Sell its Equity Interest in I-Joist Joint Venture to Resolute Forest Products

LP Building Solutions announced today (2-14-22) that it has entered into an agreement with Resolute Forest Products Inc. to sell its 50% equity interest in two joint ventures that produce I-joists. The sale, which is subject to customary adjustments, is valued at $50 million. The joint ventures are comprised of Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership.

Georgia-Pacific Announces $20 Million Investment in Alcolu, South Carolina OSB Mill

Georgia-Pacific has announced that it will be investing $20 million in its Alcolu, South Carolina OSB mill. The project’s focus will be to add on a third strander onto the facility. A strander is on the green-end of the facility, or where the logs enter the process. Once the logs are debarked, they go into the strander, which processes the wooden flakes used in the OSB process.

Huber Engineered Wood Submits Revised Environmental Assessment Worksheet to the Cohasset, MN City Council

Huber Engineered Woods of Charlotte, NC submitted a revised Environmental Assessment Worksheet (EAW) on Tuesday (1-18-22) to the City of Cohasset, Minnesota. Huber is hoping to win the city’s approval to construct a 750,000 square-foot mill on about 400 acres adjacent to Minnesota Power’s Boswell Energy Center in Cohasset, which was originally announced in June of 2021.

Saskatchewan Forest Industry to Benefit from British Columbia’s Reduced Timber Basket

Despite its vast and mature forests, Saskatchewan forestlands have been under-utilized. That is until now. Over the past several weeks, the province has announced a reallocation of its forest resources, primarily located north of Saskatoon, and that will result in sizeable forest industry investments. Those forestland reallocations are expected, over the next two years, to lead to over a $1 billion dollars (CAD) in new investments in Saskatchewan’s forest industry.