by Web Editor | Aug 26, 2013 | News
Total housing starts rose 35% year-over-year in the first quarter of this year, according to data from Deloitte. Single-family home construction contributed 500,000 jobs to the economy year-over-year in July, implying a thriving builder market. But many homebuilders...
by Web Editor | Aug 23, 2013 | News
J.D. Irving, Limited Sawmills Division announced today that it will invest $30 million in a new state-of-the-art softwood sawmill at Ashland (Nashville Plantation), Maine. During the construction phase, the new facility will employ up to 50 people at peak. Once the...
by Web Editor | Aug 21, 2013 | News
Stella-Jones Inc. says its pressure treated wood products sales rose 34% during the second quarter, as demand for utility poles and railroad ties were buoyed by the general economic recovery. Integration of the recently acquired McFarland Cascade Holdings, Inc. also...
by Web Editor | Aug 19, 2013 | News
A Superior Court judge in Thunder Bay is reserving his ruling in the first battle of what is expected to be a long courtroom war between Resolute Forest Products and Greenpeace Canada. The forestry giant is suing the environmental group for $5 million for...
by Web Editor | Aug 16, 2013 | News
A bench marking study recently completed by The Beck Group reveals that among producers of Southern Pine lumber, mills focused on producing wide lumber (particularly 2×12) were more profitable in 2012 than mills that were not. Typically the large logs that yield wide...
by Web Editor | Aug 14, 2013 | News
In 2012 and especially in Q1/2013, U.S.-based sawmills led all 32 global countries and regions surveyed in financial earnings, mainly from improved demand, a run up in lumber prices and from low log costs. This also meant that North American mills (including Canada)...
