Survey Cites Biggest Wood Flooring Threats

A wide ranging survey recently undertaken by the National Wood Flooring Assn. looked at the impact of the viral pandemic on the flooring industry and the outlook for 2021. Asked about the biggest long-term threat to real wood products, 38% of association members cited luxury vinyl tile (LVT) as the biggest challenge, followed by wood-plastic composites (WPC) noted by 26%. On another question, 57% of respondents said “wood-look” products have had a negative effect on real wood product sales. Looking ahead at in-demand product types for 2021, 58% said wide plank flooring, 55% picked engineered products, 46% said factory finished flooring and 45% said long board flooring would have good demand next year.

 

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Metsä Group, Sweco Sign Agreement For Design Of LVL Mill

Metsä Group and Sweco have signed an agreement for the implementation planning of the new Kerto LVL mill in Äänekoski, Finland. “We have strong confidence in Sweco’s expertise and resources from our previous collaboration projects. It is therefore natural that we continue our cooperation in this project to develop the Äänekoski mill area,” says Jaakko Anttila, Executive Vice President, Metsä Wood…

Weyerhaeuser Enhances Coastal Holdings

Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million…

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