by Web Editor | Nov 4, 2013 | News
Lumber traders struggled back to their desks Monday morning after an epic North American Wholesale Lumbermen’s Association AGM in Las Vegas, NV, last week to discover very weak field inventories, rising lumber prices and continued strong demand, writes Keta...
by Web Editor | Nov 1, 2013 | News
The head of West Fraser Timber warned Tuesday that demand for lumber can be volatile through the winter as the recovery in the U.S. housing market continues to be slow. Lumber prices were up in the third quarter, helping boost the Vancouver-based company’s...
by Web Editor | Sep 13, 2013 | News
Mississippi’s Kitchens Brothers Selling Shuttered Sawmills Equity Partners CRB and Heritage Global Partners have been retained to sell three hardwood sawmills on behalf of Kitchens Brothers Manufacturing Company. Equity Partners is seeking bids for each mill in its...
by Web Editor | Aug 26, 2013 | News
Total housing starts rose 35% year-over-year in the first quarter of this year, according to data from Deloitte. Single-family home construction contributed 500,000 jobs to the economy year-over-year in July, implying a thriving builder market. But many homebuilders...
by Web Editor | Aug 14, 2013 | News
In 2012 and especially in Q1/2013, U.S.-based sawmills led all 32 global countries and regions surveyed in financial earnings, mainly from improved demand, a run up in lumber prices and from low log costs. This also meant that North American mills (including Canada)...