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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The Business At Hand
Article by Rich Donnell, Editor-In-Chief, Panel World January 2023 – Some forecasts coming out of APA—The Engineered Wood Association annual meeting in October painted a rather bleak economics picture for 2023. It was no surprise, given the already downward trending in housing…
Boise Cascade Announces New SC Distribution Facility
Boise Cascade has announced plans to expand its South Carolina operations with a new facility in Walterboro, with a $9 million investment that will create 30 new jobs. This new facility marks Boise Cascade’s first distribution location and second facility…
China’s BFP Orders Fine OSB Plant
Chinese wood-based panel producer, A Beautiful Family Plate Making Co. Ltd. (BFP), has contracted with Dieffenbacher for a complete Fine OSB plant in Guangxi, China. Installation of BFP’s new plant is scheduled for the second quarter of 2023. The first board is expected to be produced in fall 2023…
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