NEWS

A venture between German start-up Voodin and Sweden's Stora Enso will manufacture turbine blades of laminated veneer lumber, including an LVL blade that will measure 80 meters long. The goal of the partnership is to provide an innovative solution to replace "less environmentally friendly materials" with renewable products made from wood.

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Jack Schikofsky, owner of JAS Veneer of Sault Sainte Marie, Ontario, has passed away at the age of 95. His son, Mike, will continue his legacy as the head of JAS Veneer.

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Sootoday: SCHIKOFSKY, Jack (Jakob) Alois

Russia's production of lumber dropped by 18.3% from January–October vs. last year. Production of plywood fell even further, down by 26.7%.

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Lesprom: Russia's lumber production decreased by 18.3% in October

Experts predict that the global market for engineered wood flooring will reach nearly $77 billion in 2030, a compound annual growth rate of 5.5%. Last year, the market grew to $47.5 billion. North America is forecast to hold the largest share due to increasing use in construction and in existing U.S. residential and commercial buildings.

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Year-to-date through September, U.S. imports of engineered wood flooring have grown by more than 22% in value to more than $1 billion and by more than 19% in volume to over 600 million square feet. This strong growth comes on the heels of an increase of more than 31% in value in 2021. Year-to-date imports from Vietnam are up by 33%.

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