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Some Hardwood Sawmills Struggle To Stay In The Black

Hardwood lumber sales remained relatively slow, as a combination of lackluster overseas demand and the easy availability of lumber kept many buyers on the sidelines. Many mills tell us that the high prices they paid for timber a few months ago make it very difficult...

Lumber Supplier Canfor Loans $30 Million To Conifex

Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...

World’s Tallest Wood Building Now Under Construction

Cross laminated timbers are being used in mass quantities for the tallest wood building so far: a 121-unit, 10-story  apartment complex in London. Architects Waugh Thistleton, CLT engineers Ramboll and developer Regal Homes, says the most exciting aspect of the...

Conifex Timber Buying Shuttered G-P Sawmill In Arkansas

Conifex Timber Buying Shuttered G-P Sawmill In Arkansas Conifex Timber Inc. of Vancouver, Canada, said Thursday that it is buying the former Georgia-Pacific sawmill south of El Dorado. The statement said Conifex has completed the purchase of the outstanding shares and...

Hardwood Demand Indicator Sees Lumber Prices Firming

Hardwood Publishing has released its updated Leading Hardwood Demand Indicator (LHDI), a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets. The LHDI rises...