Multi-Family Leads Way In U.S. Housing Jump

Multi-Family Leads Way In U.S. Housing Jump After a downward slip in July, U.S. housing starts, riding a multi-family hike, increased to a seasonally adjusted rate of 1.615 million in August, 3.9% above July and 17.4% over August a year ago, according to the U.S....

Forest Service Cancels Arizona 4FRI Phase 2 Process

Forest Service Cancels Arizona 4FRI Phase 2 Process Anxious bidders for the Phase 2 contract that’s part of the federal 4 Forests Restoration Initiative (4FRI) seeking to treat and improve forest health conditions on more than 2.5 million acres across four Arizona...

IFG Closing Tricon Timber

IFG Closing Tricon Timber Officials with Idaho Forest Group announced at the end of August the closure of its St. Regis, Mont. sawmill in late November. The company had acquired the mill in 2017 from Tricon Timber. A post on IFG’s website from August 2019 noted the...

NewLife Gains Full Production

NewLife Gains Full Production NewLife Forest Restoration has ramped up production at its new engineered wood products plant in Bellemont, Ariz., while also increasing forest restoration work in service of its 4 Forest Restoration Initiative (4FRI) Phase 1 Forest...

Labor, Materials Issues Cause Project Delays

Labor, Materials Issues Cause Project Delays The same labor availability issues that have plagued forest products manufacturers since the COVID pandemic began are also plaguing builders as the economy seeks to rebound. According to a survey of more than 2,000...

Mercer Purchases Katerra CLT Facility

Mercer Purchases Katerra CLT Facility Mercer International Inc., a global forest products company based in Vancouver, BC, reported it received approval from the applicable Bankruptcy Court for the purchase by its subsidiary, Blue Varsity, of the cross-laminated timber...