Lumber Industry Sees Positive Future
Demand Led by Boost in Construction
(Honolulu, HI), August 28, 2013– With continued growth in the local and national construction sector, the lumber industry is expected to enter a cycle where production demands remain strong and increase steadily over the next few years. The start of 2013 showed a 9.5 percent rise in lumber production levels from the same period in 2012, according to a report from the Wood Resource Quarterly.
“The lumber industry is about to take off,” said Ken Laughlin, president of the Hawaii Lumber Products Association (HLPA). “As demand and production rates rise, so will the popularity of this renewable and sustainable building material.”
Nationwide starts of privately-owned housing this past July shot up 20.9 percent from July 2012, as recently reported by the U.S. Commerce Department. Authorization of building permits for privately-owned housing also went up by 12.4 percent.
Local experts believe Hawaii will be on trend to follow the national rise in construction. Read More...
Check out the 2013 HLPA
Wood & Lumber Resource Guide
HLPA is proud to present the 2013 Wood & Lumber Resource Guide in the June issue of Building Industry Magazine. This is the 9th Annual Guide, which we continue to publish each year to showcase the strength and beauty of building with wood.