USDA: Projecting Lumber Demand In The U.S. And Abroad

“Lumber and economic growth are tightly connected,” says USDA Forest Service scientist Jeffrey Prestemon. “At a certain rate of GDP growth, you get a certain path of lumber consumption.” Prestemon recently led a study that projects softwood lumber demand under...

Georgia-Pacific Announces New $150 Million Georgia Sawmill

Georgia-Pacific announced plans on Tuesday to build a new regional lumber production facility at the Albany-Dougherty Industrial Park in east Albany on U.S. Highway 82. Construction on the $150 million, 320,000-square-foot, technologically advanced plant is targeted...

High Lumber Prices Boosting Maine’s Forest Industry

Prices for wood to build and renovate houses have as much as doubled over the past six months, increasing costs for consumers but boosting Maine’s softwood sales and signaling a turnaround in that segment of the forestry market, industry experts say. A number of...