News & Updates
Colorado Mill Operating Again, But Short-Term Future Uncertain
When Jim Neiman of Neiman Enterprises purchased Montrose’s Intermountain Resources LLC out of receivership in September, he said he hoped to fill 85 to 90 jobs. Neiman has experienced a few hiccups over the past…
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 in the Northeastern U.S. that…
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 that improved demand…
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. 30, Capital Lumber will continue…
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 Forest…
Canadian Company Will Buy McFarland Cascade Holdings
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); After 96 years, a Tacoma-based, family-owned wood products company soon will have a new, Canadian owner. McFarland Cascade Holdings Inc. announced recently that it will be bought by Montreal-based Stella-Jones Inc.…
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