Wood Markets News


City of South Perth, Australia Set to Become Home of World’s First Hybrid Timber Tower

The City of South Perth, Australia’s skyline is about to become home to one of the world’s most unique tower buildings. Grange Development submitted plans on Thursday (4-21-22) to the City of South Perth for what is set to be the world’s tallest $350 million (A$) hybrid timber tower and Australia’s first carbon negative building.

Canfor Holds Groundbreaking Ceremony for Its New Sawmill Facility in Deridder, Louisiana

Canfor held its official groundbreaking ceremony on Thursday for a new sawmill facility in DeRidder, Louisiana. The new facility will be Canfor’s first greenfield project, as well as the company’s first investment in the state. The site is projected to be $160 million state-of-the-art sawmill complex and will be Canfor’s 16th operation in the U.S.