MIAMI – A Florida husband and wife were both sentenced last week to 57 months in prison for illegally importing wood products and evading approximately $42 million in duties.

SEATTLE -- Weyerhaeuser Company entered into a national partnership with Be Pro Be Proud an initiative led by the Arkansas State Chamber of Commerce and the Associated Industries of Arkansas (ASCC/AIA) to raise awareness among middle and high school students for career paths in the skilled workforce, including opportunities in forestry and the forest products industry.

Sawdust from wood pellet manufacturing facilities in North Carolina has reportedly blown onto nearby residents’ homes and caused health problems.

Overall housing starts decreased 14.8% in January to a seasonally adjusted annual rate of 1.33 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Interfor Corp. will indefinitely curtail its sawmill operations in Philomath, Oregon, and reduce production at a second mill in British Columbia.

PGT Innovations, Inc. has set the date for the special stockholder meeting to consider and vote on the proposal to adopt the merger agreement in connection with the proposed acquisition of the company by MITER Brands.

SCHAUMBURG, Ill. – Hampton Lumber will feature a pair of lightweight wood panel products at the Closets Conference & Expo, co-located with Wood Pro Expo Illinois. The two-day exhibition, preceded by a full day of conferences, is scheduled for April 18-19 at the Schaumburg Convention Center.

VANCOUVER, British Columbia – West Fraser Timber, the largest manufacturer of softwood lumber in North America, reported a loss of $167 million on $6.454 billion in total sales in 2023 compared to turning a profit of $1.975 billion on $9.701 billion in 2022.

If you want to learn more about installing scribe molding, Eric Marshall, The Closet Training Institute, is hosting a clinic on Thursday, April 18, during the Closets Expo from 12 p.m. to 1 p.m.

WASHINGTON — Expectations that mortgage rates will continue to moderate in the coming months, the prospect of future rate cuts by the Federal Reserve later this year, and a protracted lack of existing inventory helped provide a boost to builder sentiment for the third straight month.Builder confidence in the market for newly-built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released Feb. 15. This is the highest level since August 2023.