by Web Editor | Feb 17, 2014 | News
Ainsworth Lumber Co. Ltd. and Louisiana-Pacific Corporation announced today that they have entered into timing agreements with each of the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice pursuant to which Ainsworth and LP have...
by Web Editor | Feb 14, 2014 | News
North American hardwood lumber exports were quite strong in January. Chinese and Vietnamese demand was quite high despite the approach of the Chinese New Year and Tet holidays. Taiwanese demand also increased; and Japanese purchasing was steady. Even though shipments...
by Web Editor | Feb 12, 2014 | News
Sierra Pacific Industries Hopes Ruling Will Deter California Regulators A top resource official for timber giant Sierra Pacific Industries says he hopes a judge’s scathing ruling in the company’s favor will deter overzealous state regulators. Retired Superior Court...
by Web Editor | Feb 10, 2014 | News
International Forest Products To Acquire Tolleson Ilim Lumber Canada’s International Forest Products Ltd. agreed Sunday to acquire Tolleson Ilim Lumber Co. from Russia’s Ilim Timber Continental SA for $180 million, including working capital, in a deal that...
by Web Editor | Feb 7, 2014 | News
Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31 percent to C$28 million, or 20...
by Web Editor | Feb 5, 2014 | News
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—trends up to 117.8 in February and 124.3...
