U.S. Housing Starts Boom In November
U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October…
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Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
Analyst: Canfor Corp., West Fraser Timber Merger SpeculationRecent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
Time To Invest
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a major drop in housing starts, signs within and outside the industry are...
Simonds International Announces Merger With Scies B.G.R. Inc.
Simonds International and Scies B.G.R. Inc. recently announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber industry. The combined entity will continue...
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Timber Processing
Our publication focuses on sawmill project installations in the softwood and hardwood lumber industry in North America and worldwide. Special emphasis is also given to new product technologies and to the important issues impacting the lumber manufacturing industry.
The Timber Processing editorial staff counts 90 years of combined experience in visiting sawmill operations, interviewing management and production personnel and delivering concise and accurate reports on startups and upgrades.
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