besse forest products closes three veneer, lumber operations
The move comes after Besse Forest Products was sold to the Florida-based Hoffmann Family of Companies private equity firm in March 2024, and the company seeks to lower costs across its 10 newly acquired production facilities. Officials with Besse Forest Products said the closures were “due to an unprecedented industry downturn.”
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Dates Announced For Ninth PELICE
The next Panel & Engineered Lumber International Conference & Expo (PELICE) will be held March 14-15, 2024, again at the Omni Hotel in Atlanta, Georgia. PELICE is hosted every other year by Panel World magazine and Georgia Research Institute. This will be the ninth PELICE since its inception 2008…
Panel World Gears Up To Exhibit At Ligna
Panel World magazine and its affiliates will be exhibiting at the upcoming international wood products fair, Ligna, to be held May 15-19 in Hannover, Germany. In addition to Panel World, the Hatton-Brown organization, which dates back to 1948 in Montgomery, Ala., today publishes five business magazines geared to the wood products industry…
LP To Acquire Ontario OSB Facility
LP Building Solutions (LP) and Forex Inc. have entered into a definitive agreement for LP to acquire the assets owned by Wawa OSB Inc., a subsidiary of Forex Inc. The manufacturing facility in Wawa, Ontario will be converted into an LP SmartSide trim and siding mill. The transaction, which is subject to court approval and customary closing conditions, is expected to be completed in early May 2023…
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