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U.S. Lumber Soars On Demand Hopes After Sandy Damage

U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding. The storm, which made landfall on...

Colorado Lumber Mill Developer Selects Site

Colorado Lumber Mill Developer Selects Site Colorado Timber Resources LLC recently purchased the former Valley Recycling property where they plan to open a lumber mill by the end of October. The mill will be creating 2x4s from beetle killed trees in the area, giving...

Improved U.S. Housing Good News For Lumber Industry

A new report shows some of New Brunswick’s wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points out an increased demand for wood products in the U.S. According...