Lyptus wasn't making enough money so they decided to turn it into wood pulp, Red Grandis is the replacement
Wikipedia entry on lyptus says Fibria closed the lyptus sawmill in 2017.
Well, I have a goodly amount of figured 87 bf and about 10bf flat sawn plain.4/4 No 8/4. I am in Oregon. IMG_7441.jpg
What I heard was that they couldn't get commercial users interested enough to support the business. I had one piece and thought it was fine to work with.
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I can see that. For a long time now commercially made furniture has used blonde woods almost exclusively.
I visited a woodworker in the foothills of the northern Italian mountains who had been making furniture for homes and offices for decades. He showed me a stack of his favorite photo album pages over a foot high! Almost every thing he made was pine, natural color. Everyone wanted pine.