by Web Editor | Jan 14, 2013 | News
U.S. lumber prices are near an eight-year high as demand for the staple commodity of the American housing sector has risen on the back of a pick-up in new home construction. Lumber – or sawn timber – futures contracts for March delivery stood at $380 per 1,000 board...
by Web Editor | Jan 11, 2013 | News
Lumber manufacturer Canfor Southern Pine announced Wednesday plans to expand its existing production facility in Horry County. The $3.6 million investment is expected to generate 56 new jobs. Canfor plans to install a continuous kiln system to increase its...
by Web Editor | Jan 9, 2013 | News
The Wyoming Workforce Development Council has awarded the newly reopened Saratoga Sawmill, now known as Saratoga Forest Management, a $50,000 grant to train 22 workers in the Saratoga area. The council allocated the grant money to the Department of Workforce...
by Web Editor | Jan 7, 2013 | News
American Industrial Partners Acquires Potomac Supply Corporation American Industrial Partners, a middle-market private equity firm focused on acquiring and improving North American-headquartered industrial businesses, has acquired the operating assets of Potomac...
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...
