Woodworking Industry News

Wood-chip plant gets $11M more funding

Tree trimmings, wood chips and reclaimed urban lumber will fuel a generator being developed by the University of British Columbia. Governmental agencies in Canada granted $11.2 million in added funding for the project, which is the first North American project constructed with cross laminated timber.

Press Releases

Lumber Liquidators Q4 sales rose 11.8 percent

Lumber Liquidators says fourth quarter net sales increased 11.8% to $153.2 Million; fourth quarter net income was $5.9 million; full year 2011 net sales expected to be $700 million to $730 million, an increase of 13% to 18%.