Australia’s reliance on on‑site stick framing is hampering its ability to meet the government’s one‑million‑home target. A chronic shortage of carpenters—over 115,000 workers needed—has left the construction sector unable to scale output. Kurt Schrammel of Vida Wood warns that large‑scale prefabrication is now essential, citing Europe and Japan as models for mass timber production. He also notes that while CLT is valuable for high‑rise projects, conventional timber framing remains the most cost‑effective solution for most residential builds.
Oakland developer oWow, backed by Community HousingWorks, will break ground on an 11‑storey post‑and‑plate mass‑timber tower at 1523 Harrison Street. The $10.2 million land purchase and $39.6 million municipal financing fund a fully affordable project delivering 284 units, all LIHTC‑financed. The building’s...
A four‑storey, 5,000 sqm mass‑timber office is under construction in Hastings, funded through a $2.5 million sale‑and‑leaseback with developer Tumu Property. The council will lease back 1,950 sqm, consolidating 80 staff into one building while keeping capital off its balance sheet amid rising...
European lumber exports to the UAE fell 14% in January, dropping to 29,500 cubic metres, while the average price rose 6% to $332 per cubic metre, 20% above a year earlier. The decline coincides with the closure of the Strait...
A three‑day inbound trade mission organized by the West Virginia Department of Agriculture and SUSTA brought Indian and Vietnamese hardwood buyers to three Appalachian mills, resulting in multiple export contracts. U.S. hardwood shipments to India reached a record $12.28 million in...
AHM Group is set to break ground on “The 314,” a 29‑story, 287‑unit mixed‑use tower in downtown St. Louis that will be built primarily with cross‑laminated timber. The $232 million project, backed by $171 million in municipal bonds and a sales‑tax exemption,...