Structural Panel Production Rose
North American structural panel production increased 2.6% to 30.68 billion SF in 2014 compared to 2013.
OSB production was up 6% to 19.88 billion SF, with U.S. production increasing 4.1% to 13.008 billion SF and Canadian production increasing 9.7% to 6.877 billion SF.
Plywood production was down 3.1% to 10.795 billion SF, with U.S. output falling off 3.9% to 8.985 billion SF while Canadian production increased 1% to 1.810 billion SF.
North American glulam production was up 1.4% to 254.8 million board feet. I-joist production was up 7.4% to 672.2 million linear feet, and LVL production increased 11.7% to 63.9 million cubic feet.
U.S. plywood exports to Mexico and the offshore markets totaled 358MMSF, down 15% from 2013, including a 33% decline in exports to China.
U.S. plywood imports from offshore totaled 424MMSF, up 3.2%, while Canadian plywood imports from non-U.S. sources were 50MMSF, up 22%.
Latest News
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Boise Cascade Acquires Coastal Plywood
Boise Cascade Co. has reached an agreement to acquire Coastal Plywood Co., including plywood mills in Havana, Fla. and Chapman, Ala., from Coastal Forest Resources Co. for $512 million, subject to certain closing adjustments. The two facilities employ 750. “This acquisition incrementally expands our veneer capacity in support of our customers,” says Nate Jorgensen, CEO, Boise Cascade…
Huber Names President & CEO
J.M. Huber Corp. named Gretchen W. McClain has as President & CEO through a unanimous vote of the Huber Board of Directors. McClain succeeds Mike Marberry, who is retiring after a 25-year career with Huber, including 13 years as President & CEO. “I am extremely excited to be the next Chief Executive Officer of…
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