by Web Editor | Aug 1, 2014 | News
U.S. timberland accelerated its price growth, despite some lumber market concerns centered on China and the domestic market, which prompted one of the top forestry groups to warn on profits. U.S. timberland prices were 7.2% higher in the April-to-June quarter than a...
by Web Editor | Jul 23, 2014 | News
Weyerhaeuser Announces Philadelphia Lumber Mill Expansion 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....
by Web Editor | Jul 2, 2014 | News
Hardwood lumber sellers will face some headwinds this summer from sluggish new home starts and existing home sales, reduced remodeling market growth, and slower exports. Year-on-year growth in sales of kitchen cabinets, residential flooring and other wood products for...
by Web Editor | Jun 23, 2014 | News
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital Economics, a London-based...
by Web Editor | Jun 4, 2014 | News
Home construction in California is on the upswing as the housing market slowly recovers from the dramatic downturn of the recession that saw home prices and new construction plummet. Going hand in hand with the increase in home building is the demand for lumber for...
