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Latest Industry News In North America

IWF 2020 is cancelled
11 June, 2020
North America’s largest woodworking technology exhibition – the International Woodworking Fair (IWF) – has cancelled its show this summer due to the ongoing Covid-19 pandemic.
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$380m Hurricane Michael relief fund announced for Florida timber industry
Monday, June 01, 2020 Florida is the first ever to receive a state timber grant from the U.S. Department of Agriculture (USDA).
British Columbia to allow 12-storey mass timber buildings
Friday, May 29, 2020 14 municipalities in the Canadian province have now adopted building code regulations that allow taller mass timber construction.
Sidewalk Labs cancels Toronto's Quayside project
Wednesday, May 13, 2020 The original plan which included 12 timber towerblocks has now been shelved due to the projected post-coronavirus fall in Canada’s property market.
Tafisa completes multi-million-dollar upgrade to its Line Number 1
Friday, May 01, 2020 Leading particleboard and thermally fused laminate (TFL) decorative panel manufacturer Tafisa Canada has announced the completion of a major investment to modernize its Line 1 continuous particleboard press at Lac-Mégantic, Quebec.
Home office furniture in higher demand
Monday, April 27, 2020 Home office furniture has seen an increase in demand during Covid-19 restrictions, according to a survey by US-based media title Furniture Today.
British Columbia reduces sawmill output
Wednesday, April 01, 2020 Three of British Columbia’s largest forest products companies announced reductions in output due to Covid-19 market volatility.
US housing industry stats looking more positive
Friday, December 20, 2019 The rate of housebuilding permits issued in the US has reached its most healthy position for five years.
Norbord posts lower quarterly earnings
Friday, November 01, 2019 Global wood-based panels producer Norbord has posted significantly lower earnings than a year ago due mainly to the drop off of North American OSB prices.
US timber giant agrees to acquire UK timber agency
Monday, February 18, 2019 US-based International Forest Products LLC (IFP) has announced an agreement to acquire Price and Pierce Forest Products Ltd, one of the oldest timber agencies in the UK.
Schattdecor acquires US Coating Company
Monday, January 14, 2019 Wood based panels surfacing giant The Schattdecor Group has finalised the purchase of US Coating Company, of South Carolina.
ICC code changes to allow CLT construction up to 18 storeys
Friday, January 04, 2019 The International Code Council (ICC) has approved an entire package of 14 tall mass timber code change proposals which will see some CLT buildings allowed up to 18 storeys.
Formica Group to be sold to Broadview
Tuesday, December 18, 2018 Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
Softwood exports grow, says latest report
Monday, October 08, 2018 Exports of softwood lumber from Russia, Germany and the Nordic countries have increased due to high demand for wood in Asia and Europe in early 2018, while Canadian exports fell to the lowest levels in five years, reports the Wood Resource Quarterly (WRQ).
US softwood lumber consumption on track for record highs
Monday, June 11, 2018 US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America, according to a new study from ForestEdge and Wood Resources International.
Declining wood products trade between China and the USA
Friday, June 08, 2018 The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
Automated roof truss production first
Monday, May 21, 2018 Finnish robotic automation and software technology company Trussmatic has developed the first fully automated wood roof truss production line in the world.
Panels giant Arauco to acquire Masisa Mexico assets
Thursday, December 21, 2017 South America based wood-based panel giant Arauco is to buy Masisa’s Mexican mills in a US$245m deal.
Final decision on US-Canada softwood lumber dispute favours US
Friday, December 08, 2017 A final ruling in the US-Canada softwood lumber dispute has seen the United States International Trade Commission (USITC) uphold tariffs on Canadian softwood imports to the US.
Norbord’s UK and German markets still “strong”
Monday, July 31, 2017 Panel maker Norbord’s European operations delivered second quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of US$9m (€7.7m) versus US$11m (€9.4m) in the same quarter last year and $6m (€5.1m) in the prior quarter.

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