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Canfor Plans New BC Sawmill

Canfor Plans New BC Sawmill   Canfor Corp. stated that to better align manufacturing capacity in British Columbia with the available long-term fiber supply, it is restructuring its BC operations by permanently closing its Chetwynd sawmill and pellet plant and...
U.S. Housing Starts Were Soft In January

U.S. Housing Starts Were Soft In January

U.S. Housing Starts Were Soft In January   U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while...

Lumber Among Three Big Input Reductions

Lumber Among Three Big Input Reductions   Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data...

Biofuels Project Sinks

Biofuels Project Sinks   The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some...

Structurlam Temporarily Suspends Arkansas Operations

Structurlam Temporarily Suspends Arkansas Operations   Structurlam Mass Timber Corp., a mass timber manufacturer in North America, has announced it is temporarily suspending operations and reducing staff at its Conway, Ark., plant due to a customer contract...

Vaagen Puts Emphasis On Midway Closure

Vaagen Puts Emphasis On Midway Closure   Vaagen Fibre Canada (an affiliate of Vaagen Brothers Lumber) announced it is shutting down its Midway, BC sawmill indefinitely, while indicating it is looking for solutions to keep the operation going, and encouraging...