by Web Editor | Dec 21, 2015 | News
New WOOD MARKETS five-year forecast calls for continued volatility as North American and global lumber markets continue to recover and grow. In WOOD MARKETS’ new five-year forecast, the short-term outlook is that North American and global economies, as well as...
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 | Nov 20, 2015 | News
At Sun Mountain Lumber in Deer Lodge, about 50 of its 160-person workforce got pink slips this fall – but owner Sherm Anderson says the sawmill and timber company is still losing money. “We laid off one shift, and all that does is slow down the bleeding, to where you...
by Web Editor | Oct 5, 2015 | News
A weak Loonie, an expiring softwood agreement and poor demand from Asia has lumber prices down sharply in the Pacific Northwest. F.H. Stoltze Land and Lumber in Columbia Falls has not had any layoffs due to the poor pricing, general manager Chuck Roady said Monday,...
by Web Editor | Sep 11, 2015 | News
Interfor Corp. said weak demand for southern yellow pine lumber is forcing it to reduce production by 20 percent at its southern U.S. mills. Work hours at the mills were reduced by five hours until further notice, Interfor said. “Prices for southern yellow pine...