News & Updates
U.S. Housing Market, China, Sandy Aftermath Creates Perfect Storm
It’s the perfect storm for B.C.’s forest industry. A rebounding U.S. housing market, demand in China, and now Hurricane Sandy, which destroyed billions of dollars worth of homes and infrastructure...
Tembec’s Losses Soared In Fourth Quarter Despite Recovery Of Lumber Business
Forest products company Tembec's losses soared in the fourth quarter even though its lumber business enjoyed its best quarter in several years due to a gradual recovery in the U.S. housing starts...
Cedar Creek Purchases Capital Lumber’s Texas Assets
Oklahoma City-based distributor Cedar Creek has entered into an agreement to purchase the assets of Capital Lumber’s distribution locations in Dallas and Houston. In a deal expected to close Nov....
Idaho Sawmills Look For Automation To Maximize Returns
With the gradual turnaround in the housing market, a family-run lumber company in Adams County is about to put down $1.5 million on high-tech equipment to get more out of its logs. At Evergreen...
Canadian Company Will Buy McFarland Cascade Holdings
Canadian Company Will Buy McFarland Cascade Holdings After 96 years, a Tacoma-based, family-owned wood products company soon will have a new, Canadian owner. McFarland Cascade Holdings Inc....
Huge Sawmill Could Bring Up To 300 Jobs To S.C. County
If Orangeburg County lands the state’s largest sawmill, it could gain up to 300 jobs and a better option for its timber owners, according to forestry and business officials. German-based Klausner...
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