A method of manufacturing a wood product including using a water and wax mixture with wood particles in a production process of wood products, wherein the wax mixture includes a hydrocarbon wax, and a water-repellant material selected from the group consisting of (a) an asphaltite, (b) a polyolefin copolymer, (c) a polyolefin synthetic wax, and (d) combinations thereof, and forming a wood product.