by Web Editor | Nov 9, 2015 | News
Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment...
by Web Editor | Nov 2, 2015 | News
The anticipation of a Federal Reserve rate hike earlier this month had global market analysts teetering on the edge of their seats. They breathed a collective sigh of relief after the Fed announced it would not being raising interest rates at this time, and the...
by Web Editor | Oct 30, 2015 | News
There will be no Hardwood Checkoff promotions program. The U.S. Department of Agriculture has stopped the rulemaking process on the controversial “Hardwood Lumber and Hardwood Plywood Promotion, Research and Information Order.” Published in the Oct. 28...
by Web Editor | Oct 19, 2015 | News
The U.S. Lumber Coalition says the U.S.-Canada Softwood Lumber Agreement, which expired October 12, 2015, is due for a rewrite after nine years. “World timber and lumber markets have evolved and the 2006 agreement is now outdated,” says Charlie Thomas,...
by Web Editor | Oct 16, 2015 | News
Approximately 500 jobs supported by Montana’s wood products industry have dried up this year alone, and with the expiration Monday of the 2006 Softwood Lumber Agreement between Canada and the U.S., even broader repercussions are expected to hit the state’s economy. In...
by Web Editor | Oct 9, 2015 | News
Experts from a variety of fields admit that Montana’s timber industry is in dire straits as a trade agreement with Canada fades this month and a surplus of cheap lumber causes prices to plummet. Executive Vice President of the Montana Wood Products Association Julia...
