Experiments were conducted to evaluate steam-injection pressing of plywood and LVL using saturated and superheated steam conditions. Three steam-injection times of one, two and three minutes were used to prepare 7-ply plywood and steam-injection times of three, five, seven, and nine minutes were used to prepare LVL. The results showed optimum pressing times were achieved with the steam-injection times of one and two minutes for the 7-ply plywood and seven minutes was found to be an optimum steam-injection time for LVL. All the panels prepared under a variety of steam conditions exhibited excellent bond quality and the average % wood failure was greater than 80% in all cases. For the preparation of the 7-ply plywood and LVL, using the optimum steam-injection times for both superheated and saturated steam conditions, the pressing time was reduced by over 30% compared to conventional platen heating. An economic analysis of return on investment for thick plywood products and LVL shows the pay-back period for retrofitting an existing plywood or LVL press for steam injection is less than three months.