by Web Editor | Jan 27, 2016 | News
Sierra Pacific Announces Permanent Closure Of California Sawmill Sierra Pacific Industries (SPI) today announced it will close its sawmill in Arcata, CA. “This is a particularly sad day for Sierra Pacific and for my family” said A.A. “Red” Emmerson, chairman and...
by Web Editor | Dec 7, 2015 | News
Increasing housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry of 1%-3% in 2016, underpinning the current stable outlook for the sector for the next 12 months, says Moody’s...
by Web Editor | Jul 29, 2015 | News
Seneca Sawmill Co. announced Friday it has started a $60 million upgrade of its west Eugene lumber mill. Paving crews were flattening a corner lot of Seneca’s Highway 99 mill site Friday to prepare for construction of two dry kilns, part of what Seneca described as a...
by Web Editor | Jul 20, 2015 | News
While U.S. hardwood exports lagged in May and June 2015, domestic demand for hardwood lumber continued to improve. Home construction, which dipped in May, was set to move higher, as both permitting and builder confidence rose – which played out as expected when...
by Web Editor | May 27, 2015 | News
Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China’s building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded...