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Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’ ... Spot lumber prices have plummeted 75% from their May 2021 record high of $1,514 per ...
The invention of laminated veneer lumber as known today can be attributed to Arthur Troutner. While glue laminated wood veneers were in use since the middle of the 19th century on a small scale for furniture and pianos, Troutner was the first to develop a laminated veneer lumber of a scale large enough to be used in construction.
Glued laminated timber, commonly referred to as glulam, is a type of structural engineered wood product constituted by layers of dimensional lumber bonded together with durable, moisture-resistant structural adhesives so that all of the grain runs parallel to the longitudinal axis.
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
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Cross-laminated timber (CLT) is a subcategory of engineered wood panel product made from gluing together at least three layers of solid-sawn lumber at angles to each other. [ 1 ] [ 2 ] It is similar to plywood but with distinctively thicker laminations (or lamellae).