A long long time ago there was 'Philippine mahogany'. Then there was lesser quality species(but similar) that could not correctly be called PM. So Lauan became the word for that 'stuff'. That is why there is so much color variation(at least one reason).
All this is AIUI, so it is quite subject to correction/elaboration.
╔═══╗
╟JPG ╢
╚═══╝
Goldie(Bought New SN 377425)/4" jointer/6" beltsander/12" planer/stripsander/bandsaw/powerstation /Scroll saw/Jig saw /Craftsman 10" ras/Craftsman 6" thicknessplaner/ Dayton10"tablesaw(restoredfromneighborstrashpile)/ Mark VII restoration in 'progress'/ 10E[/size](SN E3779) restoration in progress, a 510 on the back burner and a growing pile of items to be eventually returned to useful life. - aka Red Grange
The outer layers are Philippine Mahogany. I am not sure what the core is and the glue used to be exterior grade. If I am remembering correctly. I was introduced to it while looking in boating hardware/supply stores in Hawaii years ago. No big box stores on the island and not many lumber stores either, but that was almost 30 years ago. Not sure if it has changed significantly since then.
Brenda
1998 510 upgraded to a 520, upgraded to power pro with double tilt and lift assist.
1998 bandsaw
2016 beltsander
jointer
overarm pin router