Wood Markets News


U.S. Personal Income and Outlay Both Increased in July 2021

The U.S. Bureau of Economic Analysis (BEA) reported on Friday (8-27-21) that according to their estimates, personal income (PI) increased $225.9 billion, or 1.1% in July. Disposable personal income (DPI) increased $198.0 billion, or 1.1%, and personal consumption expenditures (PCE) increased $42.2 billion, or 0.3%.

Roseburg Forest Products Announces the Closure of its Dillard Oregon Particle Board Plant

Roseburg Forest Products on Wednesday (8-25-21) announced plans for a multi-million-dollar investment in new technology at its western manufacturing operations, the result of an extensive analysis of strategic business opportunities in the west. As part of the restructuring, the company announced that it will close its particleboard plant in Dillard, Oregon and offer current team members employment opportunities elsewhere in the organization.

ZAO Murom Starts Up New OSB Plant in Vladimir Region of Russia

Russian wood-based materials producer ZAO Murom’s OSB plant is up and running. The new OSB line was built as a greenfield project at the site of ZAO Murom in the Vladimir region of Russia. The innovative OSB line with an annual capacity of more than 280,000 m3 enables Murom to use diverse raw material assortments, including waste from plywood production, another focus of the plant investor.

Element5’s New St. Thomas, Ontario Factory is Industry Certified and Running at Full Strength

Element5’s new St. Thomas, Ontario factory is now industry-certified and running at full strength. The new plant lays claim to being the most fully automated mass-timber plant in the world. Combined with an existing factory in Ripon, Quebec, Element5 now has the capacity to produce over 50,000 cubic meters of CLT and glulam per year.