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U.S. Lumber Price Surge Results In Record Profit

U.S. Lumber Price Surge Results In Record Profit Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random Lengths reached its...

Maibec Selling Its Two Sawmills To Groupe Lebel

Maibec has announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St. Pamphile, Que., and Masardis, Maine. The 315 employees of Maibec that are concerned by this transaction will...

Lumber Markets In The U.S. Improving

The North American lumber market has, to a large extent, been a buyers market since the beginning of the financial crisis in 2008, but is now shifting to a sellers market with the increase in demand for lumber by the huge U.S. market. In May, lumber consumption in the...