North American softwood sawmill capacity increased by 1.4 billion board feet in the last year, according to Forisk. Most of that increased capacity – 1.1. billion board feet – was from manufacturing in the U.S. South.  In fact, the entire wood products manufacturing sector continues to produce at the highest levels since the Great Recession, according to the Federal Reserve Board.  Many wood products companies have announced significant investments to expand the capacity of existing mills, however, lead times to get the new equipment remains long. In some cases, machinery is backordered up to 24 ...