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Latest Industry News In North America

West Fraser reports recovering OSB demand in US during Q2
16 August, 2023
Panel products giant West Fraser says its OSB business saw recovering demand during Q2, giving it sufficient confidence to increase its North American OSB shipments guidance for 2023.
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Roseburg Announces Historic US$700m investment
Tuesday, May 02, 2023 Roseburg Forest Products has announced that it plans to invest US$700m over the next four years to upgrade and expand its panel manufacturing operations in Southern Oregon.
Huber Engineered Woods drops Minnesota new OSB mill plan due to permit delays
Friday, February 24, 2023 Huber Engineered Woods says delays in gaining permits for a new OSB mill in Minnesota had led it to withdraw its plans there and switch to another US state instead.
West Fraser sees Q4 earnings dip, but healthy full-year results
Friday, February 17, 2023 The world’s largest OSB producer West Fraser saw a sharp moderating of its performance in the fourth quarter of 2002 as more challenging market conditions started to bite.
Dieffenbacher to supply continuous OSB line in rebuild of fire-hit Tolko High Prairie mill
Thursday, January 19, 2023 Tolko Industries Ltd has commissioned Dieffenbacher to supply the core components of a CEBRO smart OSB plant for its production facility in High Prairie, Alberta, Canada.
Strike at US lumber giant
Thursday, September 15, 2022 Staff at one of the biggest timber companies in the US walked out on strike on September 13 after the failure of contract negotiations, according to KPTV.
British Columbia’s falling timber availability prompts West Fraser to reduce output at BC facilities
Friday, August 19, 2022 Timber shortages in British Columbia have been partly blamed for West Fraser’s decision to curtail production at two sawmills and a plywood plant in the province.
West Fraser posts another strong set of results
Tuesday, August 16, 2022 The world’s largest OSB producer West Fraser has reported another strong set of results, posting adjusted EBITDA of US$762m for Q2.
LP EWP business sale completed
Wednesday, August 10, 2022 LP Building Solutions has announced the completion of the sale of its engineered wood products (EWP) business to Pacific Woodtech for US$210m.
New world-beater mass timber building completed
Wednesday, August 10, 2022 A new apartment building in the US has been declared the world’s tallest mass timber building.
West Fraser Q1 sales and profits going strong
Monday, May 09, 2022 Leading global OSB and lumber manufacturer West Fraser has reported a boost in sales and earnings in Q1, compared to Q4, 2021.
North Carolina AG sues timber harvesting company for deceptive practices
Friday, March 18, 2022 North Carolina’s attorney general has sued a harvesting and timber services company for deceptive advertisement and consumer practices in the state’s central region.
Mercer Timber Products sees strong financial performance
Monday, February 28, 2022 International forest products group Mercer International’s wood product operations recorded stellar results in Q4, 2021.
North American panel producers join together in Climate Positive Now initiative
Monday, November 22, 2021 North American wood-based panels and surfacing producers are joining together under the Climate Positive Now banner to promote the sustainability benefits of decorative wood panels.
CPA vaccine mandate survey shows panel industry concerns
Monday, October 18, 2021 US wood panel manufacturers have expressed concern about potential production disruption coming from President Joe Biden’s proclamation stipulating mandatory Covid-19 vaccinations for all US companies with more than for 100 employees.
LP sales more than double as OSB business soars
Wednesday, August 18, 2021 Louisiana-Pacific Corporation reported a 142% increase in net sales for Q2, 2021 to US$1.3bn compared to the same period in the prior year.
US construction company with largest CLT factory in North America files for bankruptcy protection
Thursday, June 10, 2021 A US construction services company which set up a US$150m mass timber (cross laminated timber – CLT) factory in 2019 has filed for bankruptcy.
Global insurance giant tailors programmes to cover CLT construction in North America
Thursday, January 28, 2021 Insurer AXA XL's North America construction business has announced tailored Builders Risk insurance programmes to address its construction clients' mass timber project risks.
West Fraser acquisition of Norbord gets final court approval
Monday, January 25, 2021 West Fraser’s US$3.1bn takeover of Norbord has obtained final approval from the Ontario Superior Court of Justice (Commercial List).
US furniture sales soar in September
Monday, December 07, 2020 US residential furniture manufacturers and distributors have been enjoying boom times of late, according to a study by consultants Smith Leonard.

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