by Web Editor | Jun 11, 2018 | News
Back in March, FreightWaves reported on a “perfect storm for lumber markets”: a confluence of strong global demand and critical supply issues that caused futures prices for a thousand board feet of lumber to break $500 for the first time ever. To put that number in...
by Web Editor | Dec 4, 2017 | News
Moody’s: High Lumber Prices In 2018 To Outweigh Cost Of U.S. Duties Sustained high lumber prices in 2018 will cover the cost of final duties imposed by the US government on Canadian lumber imports, benefiting North American producers and timberland owners,...
by Web Editor | Jul 28, 2017 | News
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills Resumes West Fraser Timber Co. Ltd. has entered into an agreement to acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million....
by Web Editor | May 24, 2017 | News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
by Web Editor | Aug 1, 2016 | News
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...