by Web Editor | Nov 12, 2018 | News
U.S. softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released U.S. Lumber Outlook Study by ForestEdge LLC and Wood Resources...
by Web Editor | Sep 10, 2018 | News
“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...
by Web Editor | Aug 1, 2018 | News
Georgia-Pacific Announces New $150 Million Georgia Sawmill Georgia-Pacific announced plans 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,...
by Web Editor | Jul 25, 2018 | News
In the last few months, lumber supply from Canada, United States’ biggest lumber provider, was shaken by a slew of factors like insect attack, forest fires and shortage of transportation. President Trump’s decision to impose a huge tariff on lumber imports...
by Web Editor | Jun 22, 2018 | News
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...