Katerra, has become North America’s only end-to-end supplier of mass timber.
In a news release, J.D. Irving is reporting that their sawmill in Ashland, Maine has recently completed a $ 1.8 million dollar energy efficient investment, which includes an upgrade to the boilers and an additional control room.
According to The Associated Builders and Contractors (ABC), Chief Economist Anirban Baus, the “ABC’s Construction Confidence Index indicated that a majority of contractors suffered some form of interruption to their activities during the second quarter of 2020, whether due to a lack of available inputs as global supply chains buckled, project postponements or cancellations, jobsite workforce issues or state and local government mandates.”
The U.S. Census Bureau has announced that construction spending during June 2020 was estimated at a seasonally adjusted annual rate of $1,355.2 billion, -0.7% below the revised May estimate of $1,364.7 billion.
After filing for bankruptcy on June 2, 2020, the fate of C&C Wood Products and Westside Logging in Quesnel was in doubt. There will be new owners as of August 4th, 2020.
For over a hundred years the paper plant in Wisconsin Rapids, Wisconsin, has been taking energy from the Wisconsin River and combining it with wood pulp turning it into the glossy paper used by U.S. magazines and for high end advertisements.
The small town of Darrington Washington, is soon to be home to the Darrington Wood Innovation Center. The Center will house and attract new wood fiber-based innovation and manufacturing companies.
As the overall U.S. economy struggles to get back on track, the housing industry is in position to lead the economic recovery.
The U.S. Commerce Department \ Bureau of Economic Analysis (BEA) is reporting that personal income in June decreased by $222.8 billion or -1.1%.
Additional positive news coming from the housing industry this week, combined with continuing near record low mortgage rates, and an increase in the number of buyers who are actively pursuing the purchase of a new or existing home, provided dealers responding to our Weekly Orders Survey more reasons to remain optimistic about their near-term business activity.