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Scottish Timber Trade Assn. hosted event on timber's economic role and driving net-zero goals, touting timber as low-carbon construction product; Scotland’s timber industry contributes over £1B to its economy per year through homegrown product alone

Inaugural Saudi WoodShow in Riyadh from May 12-14 set to boost wood and woodworking machinery market; Saudi woodworking industry is projected to see 2.85% CAGR until 2028, aligning sector with Middle East, North Africa's 'thriving' construction market

Softwood Lumber Board's 2023 Annual Report shows increased demand for wood, generating 1.9 billion board feet in 2023; SLB's WoodWorks program directly converted 470 light-frame and CLT buildings, resulting in 842 mmbf of lumber in 2023

Jamestown opens 619 Ponce, a four-story, mixed-use building in Atlanta's Old Fourth Ward, constructed entirely from locally-sourced mass timber; local sourcing, construction of CLT reduces 155,000-sq.-ft. building's emissions footprint by 75%

Sodra Group's Q1 operating profit down 48% year-over-year to SEK 568M, as net sales drop 5% to SEK 7.61B; result reflects weak trend in construction activity and decreased supply in the raw material market

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