Economy and Business Forecasts

Woodworking Industry News

Davis Timber expands with $1.9M investment, creates 21 new jobs

Davis Timber Company’s expansion will take place at its production facility within the Beauregard Regional Airport Industrial Complex in DeRidder, where the company produces poles and pilings used in utility and infrastructure applications. The project will add new processing capabilities to the existing operation, improving efficiency and enhancing product readiness for market.

Canadian News

Ontario government launches 10-year roadmap to protect forestry workers

Building on the government’s strategic investments and actions to-date through Ontario’s Forest Sector Strategy, the roadmap responds to new unprecedented trade pressures facing the sector today by increasing the forest industry’s competitive advantage and unlocking new markets to maintain Ontario’s position as a G7 leader in making and selling wood products.

Woodworking Industry News

International Code Council releases fifth edition of National Green Building Standard

Developed through an independent consensus committee representing a broad range of stakeholders, the 2025 NGBS reflects leading thinking in green design, construction and building performance. It applies to single-family homes, multifamily buildings, mixed-use developments and land development projects, as well as other similarly constructed residential facilities.

Woodworking Industry News

Softwood Lumber Board publishes 2025 annual report, highlights growth in demand

The Softwood Lumber Board recently published its 2025 Annual Report, highlighting the organization’s impact in expanding and protecting markets while driving measurable growth in softwood lumber demand. In 2025, the SLB continued to focus its investments across its key program areas of codes, communications, conversions, and education through its funded programs, partnerships, and strategic initiatives.