Lumber prices have been escalating with demand since the recession. Because engineered flooring uses only a hardwood veneer, rather than a full hardwood profile, it is more insulated from rising ...
The Palisades, Eaton and Hurst wildfires in Southern California have destroyed more than 12,000 structures, raising the likelihood of a spike in demand for lumber in the months and years ahead.
Although more than 40% of the company's 2023 revenue came from lumber, West Fraser also makes pulp, paper, and engineered wood products, like plywood panels. In February 2021, the lumber producer ...