Wood Producers Stand Out At IWF
The International Woodworking Fair (IWF) at the Georgia World Congress Center completed four days of tremendous activity on Friday, dominated by 925 exhibits. Machinery on tap was mostly downstream, remanufacturing and secondary processing, with some primary manufacturing technologies and laminate printing mixed in. But perhaps what stood out the most were the impressive exhibits of some of the major wood products producers and their display of multiple product lines.
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North Carolina Company Planning CLT Plant In Maine, Promises 100 Jobs
A North Carolina manufacturer plans to create more than 100 jobs by becoming Maine’s first producer of a composite wood strong enough to replace concrete and steel in high-rise buildings. LignaTerra Global LLC of Charlotte announced plans at Bangor’s Husson University...
Norbord Posts Record Year In 2017
Panel producer Norbord has posted record earnings in 2017 for its worldwide business. The company also achieved record production at nine of its 15 mills, while the Inverness OSB expansion project was also completed. Peter Wijnbergen, Norbord's president and CEO,...
Katerra Raises $865 Million As It Redefines The Construction Industry
Katerra, a technology company redefining the construction industry, recently announced an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and for further investment in...
Forest Products Manufacturers Applaud EPA Permit Streamlining
American Forest & Paper Association President and CEO Donna Harman and American Wood Council President and CEO Robert Glowinski issued the following statement regarding the Environmental Protection Agency’s (EPA) issuance of new guidance to reclassify certain...
Rise Of Mass Timber Buildings Showcase Its Increasing Credibility
New mass timber products are becoming more widespread and encouraging builders, designers, and engineers to search for the best applications for mass timber initiatives. A few of the mass timber building products available today include: • Cross-laminated timber •...
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