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Timber’s Transformation: An Old Building Material Is Reborn

Timber’s Transformation: An Old Building Material Is Reborn We ask: If the 19th century modern building material technology was associated with steel and the 20th century with concrete, could the 21st be the century of “MCT,” mass construction timber? Wood, one of the...

Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....

Maley & Wertz Acquires Kirkham Hardwoods Inc.

Maley & Wertz Acquires Kirkham Hardwoods, Inc. Maley & Wertz Inc., an Evansville-based firm that acquires and sustains North American hardwoods, has acquired Kirkham Hardwoods Inc. According to a news release, the merger will better position the combined...

Some Hardwood Sawmills Struggle To Stay In The Black

Hardwood lumber sales remained relatively slow, as a combination of lackluster overseas demand and the easy availability of lumber kept many buyers on the sidelines. Many mills tell us that the high prices they paid for timber a few months ago make it very difficult...

Lumber Supplier Canfor Loans $30 Million To Conifex

Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...