Weyerhaeuser Company today announced it has a signed definitive stock purchase agreement to acquire Longview Timber LLC from affiliates of Brookfield Asset Management Inc. for $2.65 billion, which includes the assumption of debt. The transaction…
B.C.’s Interior forestry industry is counting on cutting-edge sawmill technologies to soften the blow of the heavily reduced annual allowable cut anticipated in the wake of the mountain pine beetle infestation. “The worst-case scenario is…
A resurgence in U.S. housing construction is still expected to boost lumber prices, but perhaps not as high as had been expected this year. A 21 percent drop in the cash price since mid-March and…
Canfor Corp. announced Friday it has reached an agreement to purchase three sawmills in the southern U.S., marking the third major purchase in the region this year by a B.C. forest company. “Basically, we have…
Lumber exports from the West coast decreased 7 percent in the first quarter of 2013 according to a Forest Service research economist. Log exports increased by 16 percent: from 362 million board feet in the…
An Austrian lumber company plans to build a $130 million sawmill near Live Oak, Florida employing 350 people, a project touted as a shot in the arm to the local economy while also raising concerns…
Last August, I wrote a blog post about a new high production small log sawmill and log merchandising system set to go online in Eagar, Arizona late 2012. The newly named Four Corner Forest Products…
Pyramid Mountain Lumber Company in Seeley Lake is the oldest surviving family-owned and operated lumber mill in Montana, surviving a decline in the housing market and operating on a decreasing supply of raw materials. “We’ve…
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