The Oregonian is reporting that, according to as-yet unpublished research conducted by the US Forest Service, fir trees in Oregon and Washington died in record-breaking numbers in 2022. The drought-driven “mortality event,” labeled “Firmageddon” by researchers, is the largest die-off ever recorded for fir trees in the two states.
Wood Markets News
Cree First Nation Reopens Lumber Mill, Creating New Jobs and Hoping to Address Social Issues in the Community
The Cree Community of Waswanipi has reopened a lumber mill in the hopes of attracting jobs and addressing some of the social issues in the community. The facility has been dormant since 2012 and needed an overhaul to make it operational again.
Natural Resources Canada Contributes $12.7 Million for Tree Planting Project in Ontario
Natural Resources Canada announced a $12.7 million contribution to Forest Ontario to plant 7.2 million trees through the 2 Billion Trees Program, which is aimed at partnering with governments and organizations to plant two billion trees over the next 10 years.
New Jersey Pinelands Commission Plan Draws Mixed Response From Environmental Groups
A plan adopted by the New Jersey Pinelands Commission on October 14 and set to begin in April of 2023 has split environmental groups. Created by Congress in 1978, the Pinelands district occupies 22% of New Jersey’s land area, is home to 135 rare plant and animal species, and is the largest body of open space on the mid-Atlantic seaboard.
The University of Idaho’s New Basketball Arena Wins “Intermountain Project of the Year”
The University of Idaho needed a new home for its basketball program. As the projected advanced, “local forest industry partners pushed the university leadership to think about something different from the normal concrete and steel approach.”
Louisiana-Pacific OSB Limited Partnership Receives Approval for Expansion and Upgrades to its Fort St. John B.C. Facility
Energetic City.Ca reported on Thursday (11-24-22), that the Environmental Assessment Office has approved a request submitted on August 2, 2022, […]
Foster + Partners New Mixed-Use Cross Laminated Timber Development in London Wins City Approval
Working closely with the Westminster City Council and local residents, Foster + Partners has been granted approval for the construction […]
Missing Middle Multifamily Sector Experiences Modest Growth in Q3 of 2022
The missing middle construction sector is made up of a range of house-scale building with multiple units – compatible in […]
New Residential Homes Sales Up Month-Over-Month but Down Year-Over-Year in October
The US Census Bureau and the Department of Housing and Urban Development jointly announced that new residential single-family home sales for October were at a seasonally adjusted annual rate of 632,000, according to estimates. This is 7.5% above the revised September rate of 588,000 but 5.8% below October 2021.
Mortgage Applications Increase for Second Consecutive Week
According to data from the Mortgage Bankers Association’s Weekly Mortgage Application Survey, for the week ending November 18th, the Market Composite Index (a measure of mortgage loan application volume) increased 2.2% on a seasonally adjusted basis from one week earlier.