Wood Industry News from United States

Branch managed by Andy Witt with 21 years of industry experience.

Company expects Q3 earnings of $2.91 per share as price increases take effect.

Sales increase from May, while homes for sale and median selling prices decline and inventory stands at a 9.3-month supply.

The 15-year fixed rate also increases to 5.96%, while the 30-year rate remains below 6.74% a year earlier.

The funding will support sawmill expansion, new processing equipment and a new sawmill to increase domestic wood processing capacity and timber production.

Mechanical grades drop 28% year-to-date as total inventory rises 1% from May 2026.

The agreement will increase timber production, wood use, fuel treatments and restoration across priority areas in New Mexico.

Most products affected by the 50% tariff are sold in Canada, limiting exposure to about 1% of total sales, analysts estimate.

The homebuilder continues tactical pricing and sales pace adjustments as early signs of stabilization emerge in selected U.S. markets.

Bleached packaging operating rate reaches 91.3% as unbleached bag shipments jump 15%.

Idaho facility adds hardwood processing capabilities with Hessaman texturing machine and opens new product categories.

The homebuilder reports a 20.7% home sales gross margin and expects mortgage rates and cautious consumer sentiment to keep incentives elevated through the fourth fiscal quarter.

The U.S. Department of Commerce retained the 187.27% dumping margin, while permanent antidumping and countervailing duty orders will depend on a final U.S. injury ruling.

The new debarking and chipping line will process softwood and hardwood logs to increase chipping capacity and produce consistent wood chip quality for pulp and paperboard operations.

Antidumping deposits remain in place for entries made from March 2, while final duties depend on the U.S. International Trade Commission’s injury determination.

Lori Ryerkerk brings energy and chemicals experience; Katherine Collins contributes investment and governance perspective.

Update introduces regional import-price benchmarks, producer prices and PPI, a multi-series chart builder and an Analytics Data API subscription.

Mill closures in the U.S. South reduce fiber demand, while data centers and retail land sales continue to create investment opportunities.

Apartment construction surged, offsetting weaker single-family activity and lifting total residential starts.

Connecticut-based specialty wood products company adds seven decades of expertise in decking and siding.

The average rate increased from 6.49% a week earlier, while the 15-year fixed mortgage rate rose to 5.93%.

Texas plant closure follows regular network evaluation to strengthen packaging business competitiveness.

Softwood lumber prices were up 6.2% year over year, while final-demand producer prices were up 5.5% from a year earlier.

Wholesale hardwood sawmill plans expansion and storage on 201-acre property.

The mill will remain offline while the company assesses damage to a critical roof.

The final rule applies to loan guarantees for advanced biofuels, renewable chemicals and biobased product facilities.

Median existing-home price rose 1.8% year-over-year to $440,600.

The 15-year fixed mortgage rate also increased from the previous week, while both benchmark rates remained below year-earlier levels.

Family-owned company founded in 1954 cites wood supply challenges and foreign competition.

Tropical Storm Arthur damage and the 56-year-old facility make repairs uneconomic; officials will meet employees about transfers and the mill will stop after remaining inventory is processed.

AutoTranslate AI converts floor plan images into 3D data models for accurate material takeoffs.

The new standards will apply to 219 major-source facilities that make plywood, composite wood products or kiln-dried lumber.

Combined entity targets $150 million in cost synergies with Andy Nemeth as CEO and headquarters in Elkhart, Indiana.

Chicago leads with 6.5% gain while Seattle drops 2.3% as regional dispersion persists.

Nine-year company veteran and former interim CFO leads the finance function and reports to president and CEO L.T. Gibson

The 15-year rate fell to 5.79%, and both rates were lower than a year earlier.

The company recovered 119,000 board feet overall, with portions planned for glulam columns, nonstructural CLT facing and other architectural uses.

Private new single-family construction fell 0.1% from April, while public construction spending was estimated 0.5% higher.

Douglas-fir and western hemlock plantation near export facilities supports carbon project development.

$77 million facility doubles production capacity for Surestone decking and adds 50 full-time jobs.

U.S. Customs and Border Protection will keep collecting cash deposits on covered Chinese wood mouldings and millwork imports.

Bleached food wrapping shipments up 5.6% annually as inventories decline 6.8% from May 2025.

Clay Ellis transitions to Board Advisor after leading Global Cellulose Fibers through standalone business establishment.

The company plans closures in Illinois, California and New Jersey and will end preprint work at its Richwood, Kentucky, facility.

Permanent closure set for August 14, 2026, with folding carton production ceasing.

National survey finds stable ownership patterns, with fewer owners harvesting timber, lower concern about wildfire and higher participation in property tax, conservation easement and green certification programs.

Purchase activity eased modestly while refinance activity picked up as rates remained relatively stable in the six weeks to June 25, 2026.

President postpones approval of housing legislation while calling for passage of a separate voter identification measure.

Lower production and declining capacity pushed utilization rates higher, while lumber prices increased during the quarter.

Elevated mortgage rates and economic uncertainty weigh on buyer demand as new-home inventory reaches a 10.3-month supply.

The 120-acre plant is slated to begin production in the first quarter of 2028 and is expected to create 125 jobs; it will be LP’s fourth ExpertFinish site and second purpose-built for ExpertFinish.

The decision keeps in place a Clean Air Act permit covering lumber manufacturing and power generation operations in Humboldt County, California.

The proposal would reorganize procurement rules, remove nonessential requirements, consolidate security provisions, and shift guidance to nonregulatory resources.

Former Huber Engineered Materials president led $2 billion in M&A and joins Board amid strategic review.

The primary woodworking machinery sector has been hit harder by the downturn than the secondary segment that supplies machinery for further processing.

15-year fixed rate declined to 5.81% while retail sales and pending home sales improved.

$90 million investment brings 100 new jobs to Rockwall Technology Park campus.

Kate Pearlman joins as Senior Vice President, Investor Relations & Treasury from Lowe's.

Inventory levels rise 6% from April while purchases across three major categories show mixed results.

Portfolio includes 50 thousand acres of pine in Georgia and Alabama and 40 thousand acres of hardwood across Indiana, Pennsylvania, and New York.