by Web Editor | Aug 26, 2015 | News
It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....
by Web Editor | Jul 29, 2015 | News
Seneca Sawmill Co. announced Friday it has started a $60 million upgrade of its west Eugene lumber mill. Paving crews were flattening a corner lot of Seneca’s Highway 99 mill site Friday to prepare for construction of two dry kilns, part of what Seneca described as a...
by Web Editor | Jul 8, 2015 | News
Spot lumber prices, as reported by the industry publication Random Lengths, headed lower in the final months of 2014 before tumbling in the first 4months of 2015. At the end of April, spot spruce pine fir (S-P-F) 2×4 #2&Btr mill prices stood at $249 per...
by Web Editor | Jun 12, 2015 | News
Western Forest Products is spending $30 million — most of it in Nanaimo — to upgrade three Vancouver Island sawmills. Lee Doney, company chairman, said today at the Duke Point mill: “Our harvesting strategies and continued demand for our western red cedar and...
by Web Editor | Jun 5, 2015 | News
Washington Lumber Mill Closing After 75 Years The last lumber mill in Snohomish is closing after almost 75 years due to low demand. The Daily Herald of Everett reports that the Seattle-Snohomish Mill plans to close this summer, laying off 68 people. The family-owned...