LEGO plans a mass timber office at its new manufacturing facility in Virginia as part of a $1 billion, 1.7 million-square-foot development, Built Offsite reported.
Wood Markets News
US National Interagency Fire Center Wildfire Update for March 20
821 fires were reported during the week ending Friday, March 20, with 47 new large incidents and 28 large fires still uncontained.
Domtar To Restart Glenwood, AR, Sawmill on March 30
Domtar plans to restart its Glenwood, Arkansas, sawmill on March 30.
US Building Material Prices Rise 3.4% Year-Over-Year in February
Building material prices rose 3.4% year-over-year in February, the BLS and NAHB reported. The goods component increased 3.0%, while services rose 4.2%.
BC Approves Tenure Transfer From Weyerhaeuser to Gorman Group
BC approved the transfer of forest tenures from Weyerhaeuser to Gorman Group, completing a $120 million investment and expanding its fiber supply.
US New-Home Purchase Mortgage Applications Fall in February
Mortgage applications for new-home purchases decreased 1% in February, MBA reported.
Tla’amin Nation to Acquire Western Forest Products Tree Farm License in BC
Tla’amin Nation agreed to acquire a Tree Farm License in BC from Western Forest Products.
Grafton Group to Acquire Ireland Timber Frame Supplier Cygnum
Grafton Group agreed to acquire Ireland-based timber frame supplier Cygnum, expanding its offsite construction capabilities.
US New Single-Family Home Sales Drop in January
New residential single-family home sales were at a seasonally adjusted annual rate of 587,000 in January, down 17.6% from December 2025.
US Multifamily Built-For-Rent Housing Starts Increase Year-Over-Year in 2025Q4
Multifamily built-for-rent housing starts rose 18% year-over-year to 91,000 units in 2025Q4, accounting for 95% of all multifamily construction activity.