So what's the big deal?
Well, turns out that cost effective product is causing the lumber underneath it to leak excessive amounts of formaldehyde into the air. Formaldehyde in wood is not new, nearly all “pressed” lumber in America is injected with varying amounts of formaldehyde to prevent decay. Most of us learned about formaldehyde in flooring from the “60 Minutes” piece that broke the story about high formaldehyde tests in laminate flooring back in 2016. That recall lead to over $800 million in lost market cap for Lumber Liquidators (NYSE:LL).
According to epa.gov, “Formaldehyde can cause irritation of the skin, eyes, nose, and throat. High levels of exposure may cause some types of cancers.”
So who needs to be concerned?
- Homeowners in homes built within the last nine months using Weyerhaeuser joists with Flak Jacket®
- Homes currently under construction using Weyerhaeuser joists with Flak Jacket