Projects at U.S. Sawmills Mean Billions in Opportunities

February 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While U.S. lumber prices have fallen significantly from their peak in 2021 and elevated levels through much of 2022, that could be about to change. Lower production and a growing housing market are leading some to suggest that prices could rise again this year as orders are placed by builders to fill a lack of new housing in the U.S. Industrial Info is tracking several projects at U.S. sawmills, not including those that manufacture fuel pellets for renewable energy purposes. Most of these projects are occurring in the Southeast and Southwest market regions. The project mix includes a range of grassroot projects, expansions and equipment additions as well as maintenance programs.

Companies featured: PotlatchDeltic Corporation (NASDAQ:PCH)