Oregon’s state forester will recommend moving forward with the controversial logging plan for 634,000 acres of state forest, The Salem Statesman Journal reported.
Wood Markets News
Junnikkala Commissions New Sawmill in Oulu, Finland
Finland’s Junnikkala recently commissioned its new €70 million sawmill in Oulu, Finland. The planned annual production is 350,000 m3 of sawn timber.
Construction Scheduled to Begin on Portland, Oregon’s Newest CLT Building
The construction of a 12-story, 51,388-square-foot, CLT building in downtown Portland, Oregon, is scheduled to begin construction in just a few months, DJC Oregon reported.
Mortgage Applications Increase in the Week Ending March 1st
Mortgage loan application volume increased 9.7% on a seasonally adjusted basis from one week earlier, the MBA reported.
ADP® Reports Increased Private Sector Employment and Compensation Gains in February
Nonfarm private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, ADP reported.
US Job Openings and Labor Turnover Summary for January
As of the last business day in January, the number of job openings changed little at 8.9 million.
New US Single-Family Home Production Showed Signs of Improvement in 2023Q4
Single-family growth rates saw a turnaround in 2023Q4, led by large urban metro markets, the NAHB reported.
Schilliger Holz Produces First CLT Panel at Its Facility in Vogelsheim, France
On February 8th, Schilliger Holz produced the first CLT panel at its newly upgraded Schilliger plant in Vogelsheim, France.
US Nonresidential Construction Spending Declines in January, Ending 19 Consecutive Monthly Gains
US nonresidential construction spending declined 0.4% month-over-month in January, the Associated Builders and Contractors and Census Bureau reported.
Canadian Government Finalizes Deals With Cities to Help Accelerate Home Building
Canada announced that the federal government has signed 179 housing deals via the $4 billion (CAD) housing accelerator fund, The Canadian Press reported.