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Latest Industry News In North America

North American panel producers join together in Climate Positive Now initiative
22 November, 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.
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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.
CuNap treatment of bridge timber gaining traction from IWT-Moldrup
Monday, November 09, 2020 Denmark-based wood impregnation and thermal treatment plant supplier IWT-Moldrup says it will supply worldwide the first dedicated Copper naphthenate (Cu-Nap) plant as the environmentally friendly but effective future alternative to CCA and creosote.
Egger plant goes into operation in the US
Friday, October 02, 2020 Egger’s first plant in North America – the new particleboard operation at Lexington, North Carolina – has produced its first board.
IWF 2020 is cancelled
Thursday, June 11, 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.
$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.

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