The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—rises from a reading of 128.4…
Weyerhaeuser Co. is investing $57 million to modernize over the next three years at its softwood lumber mill in Philadelphia. Weyerhaeuser said in Monday’s announcement the work will be done in phases. Plans are to…
Investment firm Littlejohn & Co., LLC, purchased Northwest Hardwoods Inc. from American Industrial Partners for an undisclosed amount of money in a deal announced July 18. Northwest Hardwoods, based in Tacoma, WA, converts hardwood logs…
The WorkSafeBC Review and Action Plan released today by the B.C. government fails to restore confidence in the agency’s ability to keep workers safe, says the United Steelworkers (USW). “In the aftermath of the horrific…
Export sales of American softwood lumber nearly doubled in the past five years, reaching $1.1 billion and the highest level in 16 years, reports the Southern Forest Products Association (SFPA). Meanwhile, exports of pressure-treated lumber,…
The Emerald Ash Borer is likely to kill 99 percent of the U.S. ash wood trees, says the U.S. Forest Service. Hopes that the super cold winter might kill or at least slow the insects…
Forest products giant Sierra Pacific Industries announced it will purchase two Wisconsin-based millwork firms, Hurd Windows, and Superseal Windows and Doors, from Longroad Asset Management. Based in Anderson, CA, Sierra Pacific is the largest U.S….
North American lumber supplies and prices could be affected by a ruling from the Supreme Court of Canada granting the Tsilhqot’in First Nation title claim on land in central British Columbia. The decision, handed down…