First Southeast U.S. CLT Plant Announced
International Beams, which has EWP (LVL, I-joist and rimboard) manufacturing facilities in Quebec and Ontario and is headquartered in Sarasota, Fla., was approved to receive tax incentive abatements for 10 years by the state of Alabama and the Houston County and 20 years by the city of Dothan.
Additionally, the Commission approved appropriating $632,000 to the Industrial Development Board of Dothan to meet obligations with the Alabama Municipal Electric Authority to facilitate the IB XLAM USA project.
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Sawmill Reopens In Radium Hot Springs After $38.5 Million Upgrade
Canfor Corp. has reopened its sawmill in Radium Hot Springs, B.C., after a $38.5-million upgrade. The company says once the mill is operating at full capacity next year it will produce 240 million board feet…
U.S. Lumber Soars On Demand Hopes After Sandy Damage
U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding.…
Canfor Posts $22 Million Profit In Third Quarter On Improved Lumber Markets
Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million,…
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