LP to curtail OSB production
Louisiana-Pacific Corp. has announced that its Dawson Creek, B.C., mill will curtail production of oriented strand board (OSB) beginning Aug. 25. The mill will continue to manufacture LP TechShield Radiant Barrier Sheathing to support its customers’ needs in West Coast markets.
The Dawson Creek OSB mill was constructed in 1987 and currently employs 114 people. After winterization and preparations for press shutdown are completed, about 26 employees will be retained to operate the TechShield Radiant Barrier line, and maintain the plant and equipment.
In a prepared statement, Jeff Wagner, the company executive VP of OSB, said: “We firmly believe that we will resume OSB press production at the mill as housing starts to improve. We are maintaining our wood license and mill equipment to be ready to resume press production when housing activity permits."
Headquartered in Nashville, Tenn., LP is a leading manufacturer of engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction
Sales of new homes slip in July
Sales of new single-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
This is 0.7% below the revised June rate of 300,000, but is 6.8% above the July 2010 estimate of 279,000.
The median sales price of new houses sold in July 2011 was $222,000, down from $236,800 in June. The average sales price increased slightly to $273,300.
The seasonally adjusted estimate of new houses for sale at the end of July was 165,000. This represents a supply of 6.6 months at the current sales rate.
Parr Lumber opens new cabinet outlet
Parr Lumber has relocated its Fife, Wash., cabinet outlet to a 23,000-sq.-ft. facility just outside Tacoma, the company has announced. The grand opening is set for Sept. 10.
The new store will feature a 4,500-sq.-ft. showroom with thousands of in-stock oak, maple, cherry, and birch cabinets, countertops, hardware and appliances.
In 2003 Parr opened its first cabinet outlet in Hillsboro, Ore., where the company maintains its headquarters. Now there are 10 cabinet outlet locations in five states.