by Web Editor | Jun 4, 2014 | News
Home construction in California is on the upswing as the housing market slowly recovers from the dramatic downturn of the recession that saw home prices and new construction plummet. Going hand in hand with the increase in home building is the demand for lumber for...
by Web Editor | May 19, 2014 | News
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian exporters, is forecasting that an increase in lumber shipments overseas will drive the B.C. economy for the next two years. The forestry sector is predicted to grow by...
by Web Editor | Apr 14, 2014 | News
Contacts are still talking about the impacts of the terrible winter weather on the hardwood industry. Deep snow and biting cold slowed logging and hurt sawmill production. One Indiana mill reported 145” of snow this winter; the normal is 40”. Log prices have been...
by Web Editor | Mar 24, 2014 | News
The bitter winter froze homebuilders to start the year, but analysts and lumber producers expect demand to bounce back. Housing starts fell to an annual rate of 907,000 nationwide in February, down two-tenths of a percentage point from the January estimate, the U.S....
by Web Editor | Feb 7, 2014 | News
Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31 percent to C$28 million, or 20...
