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...
by Web Editor | Feb 3, 2014 | News
Idaho Forest Group is installing new equipment at its sawmill in Nez Perce County that will double the capacity of the facility. Company President Scott Atkison tells the Lewiston Tribune the company is putting in a saw line that is the largest upgrade since the late...
by Web Editor | Jan 31, 2014 | News
B.C. forest companies face new, prescriptive regulations that define how much sawdust can settle in a wood-products plant before it is considered a hazard, almost two years after the deaths of four workers in sawmill explosions. The new regime has been rolled out in...
