News & Updates

PotlatchDeltic Corp. is investing $131 million to expand and modernize its sawmill located in Waldo, Ark. The project will increase the mill’s annual production capacity from 190MMBF of southern yellow pine dimension lumber to 275MMBF. The company states that the investment will reduce the mill’s operating costs significantly…

George H. Weyerhaeuser Sr., who served as president and CEO of Weyerhaeuser Co. from 1966 to 1991 during an exciting period of wood products development while encountering new timber supply challenges brought on by an aggressive environmental movement in the Northwest, died June 11, 2022 in his sleep at home in Lakewood (Tacoma), Wash. He was 95…

U.S. housing starts dropped significantly in May 2022, down 14.4% from April to a seasonally adjusted rate of 1.549 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Both single-family and multi-family starts took hits…

U.S. softwood lumbermen are not as bullish about their lumber business situation as they were a year ago, but they’re still upbeat and capital expenditure projects are in full force, according to Timber Processing’s annual 2022 U.S. Sawmill Operations & Capital Expenditures Survey…

U.S. single-family housing starts in April dipped 7.3% from March to a seasonally adjusted rate of 1.1 million, but multi-family starts (five units or more) shot up 16.8% over March to 612,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new…

Secretary of Agriculture Tom Vilsack has reappointed George Emmerson, J.D. Hankins II, Brian Luoma and Brad Thorlakson to serve second terms on the Softwood Lumber Board (SLB) Board of Directors. He has also appointed past Director Marc…