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West Fraser Purchases Norbord For $3 Billion

West Fraser Purchases Norbord For $3 Billion West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West...

Jonathan Martin Dies In Louisiana

Jonathan Martin Dies In Louisiana Jonathan E. Martin, an industrial engineer who led the transformation of his family’s small sawmill operation into a multi-facility producer of OSB and plywood, all the while growing the company’s timberland portfolio into one of the...

Forisk’s 2018 Lumber And Structural Panel Projections

Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber consumption increased every year since 2009, but remained...

Brian Luoma Picked To Lead Alabama’s Westervelt Company

Brian Luoma Picked To Lead Alabama’s Westervelt Company The Westervelt Company named Brian Luoma as President and CEO, succeeding Mike Case, who announced his retirement after more than 32 years with the company. Luoma will oversee Westervelt Lumber, Westervelt...