JUNE 2021

Cover: Softwood Lumbermen Are Feeling No Pain

In April 2020, as the pandemic temporarily shut down everything in the United States, including the building products industry, U.S. softwood lumbermen were feeling down in the dumps. About two-thirds of them forecasted their business situation as fair at best for the remainder of 2020 and 2021.

Inside This Issue

The Issues: Good Times Don’t Last Long Sometimes

Never – for as long as we’ve been conducting an annual Sawmill Operations & Capital Expenditure Survey – have softwood lumbermen and hardwood lumbermen in the U.S. expressed at the same time as much optimism for the immediate future, with about 92% of the softwood lumbermen and 88% of the hardwood lumbermen forecasting good-to-excellent business for the remainder of this year and into 2022.

READ MORE SOON

Article by Rich Donnell, Editor-in-Chief, Timber Processing

NEWSfeed
While It Lasts

Who says hardwood lumbermen don’t get optimistic? A whopping 88% forecast their lumber business situation for 2021-2022 as good-to-excellent, according to Timber Processing’s annual 2021 U.S. Sawmill Operations & Capital Expenditure Survey.

Article by Rich Donnell, Editor-in-Chief, Timber Processing

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Softwood Lumbermen Are Feeling No Pain

Article by Rich Donnell, Editor-in-Chief, Timber Processing

In April 2020, as the pandemic temporarily shut down everything in the United States, including the building products industry, U.S. softwood lumbermen were feeling down in the dumps. About two-thirds of them forecasted their business situation as fair at best for the remainder of 2020 and 2021. What made it especially tough is that right before the pandemic hit, nearly 90% of them were anticipating good-to-excellent times ahead.

One year later, in the middle of record-setting lumber prices, it’s no surprise that U.S. softwood lumbermen are once again feeling upbeat – very upbeat. Conducted in April, Timber Processing’s annual 2021 U.S. Sawmill Operations & Capital Expenditure Survey reveals that 92% of softwood lumbermen are forecasting their lumber business as good-to-excellent for the remainder of 2021 and into 2022 (with 49% saying excellent). And they’re going after it, many of them having recently completed capital expenditure projects and currently investing in new projects.

This is the strongest market ever. We added a new samill line in 2019. The timing was great.

Robert Jordan IV

President/CEO, Jordan Companies, North Carolina

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