Wood Markets News

Private Residential Construction Increases in April

Further analysis of the U.S. Census Bureau’s Construction Spending data for April, provided by the National Association of Home Builders, reports that total private residential construction spending rose 1.0% in April to a seasonally adjusted annual rate of $729.2 billion. Total private residential construction spending was 29.7% higher than a year ago.

Bergkvist Siljan to Increase Production by 60% at their Insjön Sweden Sawmill

Bergkvist Siljan, a leading Swedish sawmilling group supplying sawn wood products to customers mainly in East Asia, Western Europe, and North Africa, announced that it has been granted by The Environmental Impact Assessment Delegation permission to increase the production of sawn wood products at their Insjön sawmill in Sweden, by approximately 60%, from 400,000 to 650,000 m3 per year.