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The California Government Operations Agency (GovOps) will award $500,000 in grants as part of the statewide California Mass Timber Building Competition. Grants will be awarded to selected proponent teams presenting viable and repeatable mass timber solutions.

- Industry News

Lumber futures reached a record in May that was 30% above the old all-time high set in the early 1990s. Still, lumber ended the year as one of the worst-performing commodities.

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TAL Holdings LLC, an eight-store chain of retail building material centers in Oregon and Washington, has announced an agreement in principle to acquire Gerretsen Building Supply Co. in Roseburg, Oregon.

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In a collaborative effort between researchers at ETH Zurich and MIT, a material was 3D printed with a stiffness that comes notably close to the theoretical maximum limit of a stiffness to weight ratio possible according to the laws of physics.

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Home Innovation Research Labs conducted a survey of home builders in December. Respondents indicated they are continuing to increase their use of off-site construction, and plan to use it even more in 2019.

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Freddie Mac analysis shows that 370,000 fewer units were built in 2017 than needed to satisfy demand. Overall, the now housing shortfall ranges from a low of 0.9 million to a high of 4.0 million housing units, as of the second quarter of 2018.

- Industry News

Simpson Strong-Tie has introduced the Quik Stik rafter and truss fastening system, a new solution for overhead fastening designed to reduce the risk of construction work-related injuries while boosting jobsite efficiencies, with speedier and more accurate fastening of rafter and truss assemblies.