U.S. Housing Starts Complete Robust Year

U.S. Housing Starts Complete Robust Year U.S. housing starts increased 1.4% in December over November to a seasonally adjusted annual rate of 1.702 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential...

Coalition Applauds Commerce Ruling

Coalition Applauds Commerce Ruling U.S. Dept. of Commerce issued its final determination in the second administrative review of softwood lumber imports from Canada, and revealed a combined anti-subsidy and anti-dumping duty rate of 17.9%, confirming yet again that...

Build Back Better Awards Oregon Group

Build Back Better Awards Oregon Group Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass...

Teal Jones Group Proposes $110.5 Million Sawmill In Louisiana

Teal Jones Group Proposes $110.5 Million Sawmill In Louisiana Teal Jones Group owners Tom and Dick Jones announced that the company is evaluating Bossier Parish, La., for a planned $110.5 million southern yellow pine lumber plant to produce a range of dimensional and...

USNR, WFG Sold To Equity Firm

USNR, WFG Sold To Equity Firm One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021...