U.S. housing market
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Timber framing dominates U.S. housing market despite rising material costs
In 2023, timber framing accounted for 93% of new single-family homes in the U.S., despite rising material costs and trade uncertainties.
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Sumitomo Forestry makes sustainable expansion with the timber complex launch
Sumitomo Forestry completes acquisition of Teal Jones Louisiana Holdings, unveiling plans for a US timber industrial complex to aim for sustainable wood.
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Sumitomo unveils first Timber Industrial Complex in the U.S.
Sumitomo Forestry Co. acquired Teal Jones Louisiana Holdings and plans to launch a U.S. timber industrial complex, focusing on mass timber, sustainable wood utilization, and zero waste. The...
