Experiments were conducted to evaluate pressing of plywood and LVL using self-generated steam. For the 13-ply SPF LVL experiments, the average moisture content (avg. m.c.) in the outermost incised veneers was varied from 10 to 14% and for the 15-ply aspen LVL experiments the avg. m.c. was varied from 8 to 12%. For the 7-ply SPF plywood experiments, the avg. m.c. in the outermost incised veneers was 10 and 15%. In these experiments the controls and core incised veneers were 2% avg. m.c. Using the highest avg. m.c. in the outermost incised veneers, the pressing time for 13-ply SPF LVL was reduced by 31.1% and for 15-ply aspen LVL, 30.8 % and for 7-ply SPF plywood, 38.7%, compared to conventional hot platen pressing. The results showed that small changes in the avg. m.c. of the outermost veneers had a large effect on pressing time. Therefore, careful control of veneer m.c. under mill conditions would be very important. All the panels prepared under a variety of self-generated steam conditions exhibited excellent bond quality and the average % wood failure was much greater than 80% in all cases, thereby meeting the average % wood failure requirement in the CSA 0151 plywood standard. An economic analysis of return on investment for thick plywood products and LVL using self-generated steam pressing showed that a manufacturing plant would make a profit of about $3,000,000 per year.