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High Lumber Prices Boosting Maine’s Forest Industry

Prices for wood to build and renovate houses have as much as doubled over the past six months, increasing costs for consumers but boosting Maine’s softwood sales and signaling a turnaround in that segment of the forestry market, industry experts say. A number of...

Maine’s Hancock Lumber Acquires Mainely Trusses

Maine’s Hancock Lumber Acquires Mainely Trusses Hancock Lumber of Casco said Monday that it has acquired Mainely Trusses, a roof and floor truss manufacturer based in Fairfield. The acquisition will add a new product line to Hancock’s manufacturing portfolio, the...

Maine Sawmill Workers Face Temporary Layoff

A Quebec-based company that completed the purchase of Fraser Timber’s lumber mill in Masardis in January will temporarily layoff its 135 employees next week due to market conditions. The layoff at Maibec will last four weeks, according to Charles Tardif, vice...