by Web Editor | Jan 4, 2013 | News
Lumber futures jumped to an eight-year high, as signs of a pickup in Chinese buying added to optimism about the U.S. housing recovery that has fueled a three-month boom in the building material. Prices of lumber for January delivery on the Chicago Mercantile Exchange...
by Web Editor | Dec 31, 2012 | News
After four years of being the forgotten commodity, lumber is back in the spotlight, named Scotiabank’s top pick for investors for the coming year. “The investment sentiment has changed,” said Patricia Mohr, vice-president of economics and a...
by Web Editor | Dec 28, 2012 | News
Klausner To Proceed Building $110 Million North Carolina Sawmill Gov. Bev Perdue announced recently that Klausner Lumber Two, a privately-owned softwood timber manufacturer, will establish a state-of-the-art sawmill in Halifax County. The company plans to create 350...
by Web Editor | Dec 21, 2012 | News
EACOM Timber Corporation Approves USNR To Rebuild Timmins Mill EACOM Timber Corporation is pleased to announce that the Board has approved entering into an agreement with USNRKockums Cancar Inc. to rebuild the Timmins Mill. The total cost of the project is estimated...
by Web Editor | Dec 19, 2012 | News
Canfor Corporation announced today that the Company will proceed with capital investments totaling an estimated $40 million in its Elko sawmill, located in the Kootenay region of British Columbia. This investment is part of a multi-year capital investment program...
by Web Editor | Dec 17, 2012 | News
International Paper Selling Lumber Unit To Georgia-Pacific International Paper Co. is selling its building products unit to Georgia-Pacific LLC for $750 million cash, a move designed to sharpen focus on its massive packaging business. The sale had been expected since...
