by Web Editor | Nov 5, 2012 | News
Canfor Corp. has reopened its sawmill in Radium Hot Springs, B.C., after a $38.5-million upgrade. The company says once the mill is operating at full capacity next year it will produce 240 million board feet annually and employ 144 people. In addition to an upgrade to...
by Web Editor | Nov 2, 2012 | News
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...
by Web Editor | Oct 31, 2012 | News
Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million, or 16 cents per share, for the third quarter...
by Web Editor | Oct 8, 2012 | News
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...
by Web Editor | Oct 1, 2012 | News
While many have gone gaga over environmentally friendly green buildings, U.S. Sen. Roger Wicker, R-Miss., said Tuesday that some energy-efficient standards are hurting the American wood products industry. Wicker made the comments while visiting J.T. Shannon Lumber Co....
by Web Editor | Sep 28, 2012 | News
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...