News & Updates

Canfor Corp. has announced it will invest approximately $210 million USD to build a new, state-of-the-art sawmill complex in Mobile, Ala. Using leading technology from The BID Group, the new sawmill will have an annual production capacity of 250MMBF on a two-shift basis and will provide a…

U.S. housing starts, both single-family and multi-family, took a hard hit in July, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…

Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…

Collins has announced that Tom Insko will become the President & CEO of the company, succeeding retiring Eric Schooler. Insko, an Oregon native will assume responsibilities on October 1 for the Wilsonville, Ore.-based Collins…

Officials with D.R. Johnson Lumber report the company’s Prairie City, Ore. sawmill was back up and running the second week in July. Prairie Wood Products, a division of D.R. Johnson Lumber Co., had been idled since 2009 due to economic downturn pressures…

Richmond, BC-headquartered and privately held holding company, Paper Excellence Group, a manufacturer of pulp and paper products with seven facilities in Canada, through its wholly-owned subsidiary Domtar Corp. is acquiring Montreal-based…