by Web Editor | Feb 6, 2013 | News
Weyerhaeuser Co., a century-old producer of forest products, reported its highest revenue in more than four years, adding heft to recent government data showing that a recovery in the U.S. housing market has taken hold. Fourth-quarter revenue rose 25% to $2-billion...
by Web Editor | Jan 4, 2013 | News
Lumber futures jumped to an eight-year high, as signs of a pickup in Chinese buying added to optimism about the U.S. housing recovery that has fueled a three-month boom in the building material. Prices of lumber for January delivery on the Chicago Mercantile Exchange...