by Web Editor | Nov 21, 2012 | News
It’s the perfect storm for B.C.’s forest industry. A rebounding U.S. housing market, demand in China, and now Hurricane Sandy, which destroyed billions of dollars worth of homes and infrastructure in the Northeastern U.S. that must be rebuilt. Skilled laborers have...
by Web Editor | Nov 2, 2012 | News
U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding. The storm, which made landfall on...
by Web Editor | Oct 31, 2012 | News
Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million, or 16 cents per share, for the third quarter...
by Web Editor | Sep 28, 2012 | News
A new report shows some of New Brunswick’s wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points out an increased demand for wood products in the U.S. According...
by Web Editor | Aug 17, 2012 | News
Union Pacific is pulling railcars from storage for the first time in four years to haul lumber for home builders, a welcome source of strength for an industry that’s bucking the effects of a slowing economy. North American rail carloads of lumber and wood products...
