The trade association for the engineered wood products industry reports that all construction sectors that use its products appear to be headed for growth in 2012, the first time that has happened in a while.
APA - The Engineered Wood Association said in a report issued last week that housing, the largest market for many of its products, is expected to increase 10 percent this year when U.S. and Canadian starts are combined.
“There is a little more life to engineered wood demand this year. Last year, we were just treading water,” said Craig Adair, APA’s Market Research Director. “This year, we’re expecting demand to pick up from 4% to 11%, depending on the product.”
The association's members' products include glued laminated timbers, I-joists, plywood, oriented strand board, rim board, siding and specialty products for specific uses.
