Mayr-Melnhof Holz has invested in a fully automated modern high-frequency press for the production of glulam standard components at its Olsberg site in Germany.
Wood Markets News
Canberra, Australia’s Institute of Technology Celebrates “Topping Out” of Hybrid Building
The Australian Capital Territory’s new “wooden campus” has “topped out” the five-story Canberra Institute of Technology (CIT) hybrid building, Wood Central reported.
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in May
Brazilian exports of wood-based products (excluding pulp and paper) increased 2.7% in value in May, the ITTO reported.
U.S. Monthly Construction Spending Declines Month-Over-Month but Up Year-Over-Year in May
Total Construction On Monday (7-1-24), The U.S. Census Bureau reported that total construction spending during May 2024 was estimated at […]
Newly Constructed U.S. Apartment Buildings are Slower to Rent
Redfin reported on Monday (7-1-24) that according to their data only 47% of newly constructed apartments that were completed in […]
Australia’s Victoria State-Owned Government Forest Authority – VicForest – Officially Out of Business
It is official, as of Monday, July 1st, 2024, Australia’s Victoria’s state-owned government authority – VicForest no longer exists. The […]
U.S. National Interagency Fire Center Wildfire Update – as of Monday 1st July 2024
The U.S. National Interagency Fire Center (NIFC) provided an update on Monday (7-1-24), reporting that nationwide, there are currently 22 […]
Stimson Lumber Company Announced $50 million Investment at its 95-year-old Forest Grove Oregon Sawmill
Stimson Lumber Company’s Chief Executive Officer Andrew Miller on Wednesday (6-26-24), announced that the wood product company will invest $50 […]
Canadian Real GDP Increased in April
Statistics Canada (StatsCan) reported on Friday (6-28-24), that real gross domestic product (GDP) grew 0.3% in April, after being essentially […]
U.S. Bureau of Economic Analysis Reports Personal Income and Outlay Data for May 2024
The US Bureau of Economic Analysis (BEA) reported on Friday (6-28-24) that, according to their estimates, Personal Income (PI) increased […]