VANCOUVER, Canada -- Canfor Corp. is closing one sawmill and pellet plant and temporarily closing a second sawmill. The actions will affect nearly 500 workers, and remove approximately 750 million board feet of annual production capacity. The announcement comes just weeks after the company announced it will permanently shut down its pulp mill in Prince George. Canfor is rationalizing its sawmill and pulp mill operations in B.C. to align with a shrinking fiber supply.

Uneeda has completed a large expansion of its headquarters in Spring Valley, N.Y. The company increased its square footage from 58,000 square feet to 100,000 square feet to accommodate more machinery and warehousing space to streamline the manufacturing process and meet the current demand for its products.

U.S. imports of hardwood plywood grew by 25%, according to the Decorative Hardwoods Association. Through November of last year, imports of hardwood plywood grew by nearly 25% in value to more than $2 billion and almost 8% in volume to more than 3.1 billion square feet,

While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put a damper on consumer demand.

This year, interzum will debut Neo-ecology as its central theme with the goal of driving focus, conversation and attention to innovative new solutions to help the industry deal with future challenges.

OTTAWA, Ontario -- Canada’s wood product manufacturing output nearly doubled from $9.99 billion in 2016 to $19.82 billion in 2021, according to the 2022 State of Canada’s Forest Report.

Sherrill Furniture is continuing to make strategic moves and investments, like workforce expansion and a new upholstery operation.

EIGHTY FOUR, Pa. -- 84 Lumber, a privately owned building materials supplier in the U.S., is undergoing expansion across both its manufacturing and retail spaces. The company currently operates 310 facilities which include 234 stores, 14 component manufacturing plants, 28 engineered wood product (EWP) centers and 34 door shops. The company plans to open new facilities and make improvements to 54 existing locations to increase its market share by the end of 2023. 

BASSETT, Va., -- Bassett Furniture Industries, Inc. achieved increased sales and earnings, according to Robert H. Spilman, Jr., Chairman and CEO of Bassett Furniture. "We posted revenue of $121.0 million in our fourth quarter, a 5.8% increase against the backdrop of an increasingly difficult macroeconomic environment as we head into another year," reported Spilman.