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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CalPlant I Regroups, Sale Is Possible
CalPlant I, LLC, which took 25 years to develop and build a rice straw-based medium density fiberboard plant and produce its first board late last year in Willows, Calif., has voluntarily filed for Chapter 11 bankruptcy protection and intends to conduct a court-supervised sale process…
NewLife Gains Full Production
NewLife Forest Restoration has ramped up production at its new engineered wood products plant in Bellemont, Ariz., while also increasing forest restoration work in service of its 4 Forest Restoration Initiative (4FRI) Phase 1 Forest Service stewardship contract that seeks to thin and treat more than 300,000 acres at risk of…
Labor, Materials Issues Cause Project Delays
The same labor availability issues that have plagued forest products manufacturers since the COVID pandemic began are also plaguing builders as the economy seeks to rebound. According to a survey of more than 2,000 construction companies, both hourly and salaried employees are…
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