News & Updates
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...
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...
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...
Colorado Lumber Mill Developer Selects Site
Colorado Lumber Mill Developer Selects SiteColorado Timber Resources LLC recently purchased the former Valley Recycling property where they plan to open a lumber mill by the end of October. The mill...
Mississippi Sen. Roger Wicker Wants Science-Based ‘Green’ Programs
While many have gone gaga over environmentally friendly green buildings, U.S. Sen. Roger Wicker, R-Miss., said Tuesday that some energy-efficient standards are hurting the American wood products...
Improved U.S. Housing Good News For Lumber Industry
A new report shows some of New Brunswick's wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points...
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