The University will host “Tall Timber: The Future of Cities in Wood,” an exhibition highlighting the use of mass timber in multi-story buildings.
Wood Markets News
Enviva to Close Its Biomass Facility in Amory, MS, on February 7
Enviva will close its biomass plant in Amory, Mississippi, effective Friday, February 7, the Monroe Journal reported.
CPKC and United Steelworkers Reach Tentative Agreement
CPKC has reached a tentative four-year collective agreement with United Steelworkers, which represents approximately 600 clerical and intermodal employees in Canada.
84 Lumber Opens New Truss Plant in Bloomsburg, PA
84 Lumber has expanded its component manufacturing after acquiring a new facility in Pennsylvania. The plant will primarily construct roof trusses.
Ireland Will No Longer Accept Scottish Logs Due to Larch Bark Beetle Concerns
Ireland has updated its policy on the acceptance of Scottish logs due to the potential presence of larch bark beetles.
US Mortgage Applications Increase in the Week Ending January 31
Mortgage loan application volume increased 2.2% on a seasonally adjusted basis from one week earlier, MBA reported.
ADP® Reports Private Sector Employment and Compensation Both Increased in January
US private sector employment increased by 183,000 jobs in January, ADP reported. Meanwhile, compensation was up 5.7% year-over-year.
US Construction Labor Market Continues to Soften in December
The number of open construction sector jobs declined from a revised 272,000 in November to just 217,000 in December, the BLS and NAHB reported.
Canadian Building Construction Costs Increase in Q4
Residential building construction costs rose 0.8% in Q4, following a 0.9% increase in Q3. Nonresidential building construction costs also increased 0.8%.
Poor Selling Conditions Weigh on Canadian Builder Sentiment
The CHBA Housing Market Index for Q4 showed that poor selling conditions are leading to a further decline in the sentiment of Canada’s homebuilding industry, the Journal of Commerce reported.