According to sources at KTRE – Channel 9 News – in Pollock Texas – an ABC affiliate – Conroe Texas based Lincoln Lumber LLC., is planning on building a new sawmill on property they own in Crockett Texas.
Wood Markets News
Personal Income Increases in September, Following August’s -2.5% Decline
A closer look into the most recent data release from the Bureau of Economic Analysis (BEA) reveals that personal income increased to a seasonally adjusted annual rate (SAAR) of $19,804 billion in September.
U.S. Construction Spending Up in September and for the First Nine Months of 2020.
The U.S. Census Bureau has announced that total construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% above the revised August estimate of $1,410.4 billion.
Freres Lumber Mass Timber MPP Beams and Columns are now APA Certified
Freres Lumber has announced that their mass timber MPP beams and columns are now APA Certified. According to Tyler Freres, VP of Sales, Freres’ ability to build these larger MPP columns gives them a competitive edge over glulam.
Wingspan Event and Conference Center in Hillsboro Oregon has been Completed Using Glulam and CLT Construction Design
The 89,000-square-foot Wingspan Event and Conference Center in Hillsboro Oregon has been completed, consistent with national and local safety precautions during the pandemic. The project features a glulam and CLT “butterfly roof” structure over steel-framed galleries and circulation areas, designed by LRS Architects and structural engineer IMEG.
Softwood Lumber Board Announces Addition of Industry Veteran Nick Milestone
The Softwood Lumber Board (SLB) has announced that Nick Milestone, has joined the SLB to support its mission in the area of strategic partnership and adoption of mass timber construction in the U.S. Milestone is a veteran of the European and United Kingdom mass timber markets and is the current chairman of the Timber Research and Development Trade Association (TRADA).
Housings Impact on the GDP in Q3 2020
According to the ‘advance’ estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 33.1% in Q3 of 2020.
Builder Confidence in the 55+ Single-Family Housing Market Reaches New Record High in Q3 2020
The National Association of Home Builders (NAHB) is reporting that builder confidence in the single-family 55+ housing market reached an all time high in Q3 of 2020, rising 18 points to a reading of 83.
U.S. Consumer Confidence at Lowest Point Since August
According to data released on Thursday (10/29) the Bloomberg Consumer Comfort Index (CCI), a weekly measure of U.S. consumer confidence, fell to a reading of 46.3 last week on a zero to 100 scale.
Oregon’s Private Landowners Face Long Road to Recovery After 2020 Wildfire Season
According to the Oregon Department of Forestry, more than a million were charred across the state during the 2020 fire season, including 374,353 acres of private industrial and on-industrial land.