Nearly 50 forest product mills in the path of Hurricane Laura.
Wood Markets News
Mortgage Applications Decline in Week Ending 21st August, 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 21st August 2020, the Market Composite Index, a measure of mortgage loan application volume, decreased -6.5% on a seasonally adjusted basis from one week earlier.
Langford B.C. Warehouse made Exclusively of Cross Laminated Timber and Glulam Taking Shape
The push in B.C. to adopt mass timber building products seems to be gaining momentum.
Flavelle Sawmill Located in Port Moody B.C., Scheduled to Close in Late October
The AP Group of Companies, the owner of the Flavelle sawmill, located in Port Moody, B.C., has announced their intention to cease operations at the mill in late Octobre. There has been a continuous forestry operation at the waterfront site since 1905.
Spruce Beetle Outbreak Presents B.C. Log Harvesting Challenges
The spruce beetle outbreak has been raging in the forestlands in the Prince George B.C. district for more than 30 years. There is only a short window to log the dead trees before they lose their commercial value.
California Adopts Early 2021 International Building Codes Changes for Tall Wood Buildings
Agreeing that early adoption of mass timber will have many benefits for the state, the California Building Standards Commission has unanimously passed changes to the tall wood code.
South Korea Envisions Timber as the Key Construction Material for the Future
Korea Forest Service Deputy Minister Choi Byeong-am wants to see Korea embrace timber as key construction material for the future.
Work Stoppage at Port of Montreal Ends with Talks Scheduled to Resume
According to the Canadian Press, the 12-day work stoppage at the Port of Montreal ended on Friday August 21st, with a truce being declared between the longshore workers and the Port Authority.
New Specialty Sawmill Planned for St. Helena Parish Louisiana
St. Helena Parish Louisiana, in the Baton Rouge metro area, has over 200,000 acres of forest land and is about to become home to a new $ 90 million specialty sawmill facility.
F.H. Stoltze Land and Lumber Company Announces Formation of Stoltze Timber Systems Inc.
The oldest family owned lumber company in Montana, F.H. Stoltze Land and Lumber Company has announced that they are joining forces with a group of key partners to form Stoltze Timber Systems, Inc. to build North America’s first mass timber production facility aimed at using small-diameter trees to build large format, cross-laminated timber panels.