by Kirkland | Mar 17, 2021 | News
U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago U.S. housing starts experienced a second straight month of decline in February 2021 with a seasonally adjusted annual rate of 1.421 million, down 10.3% from January. It was also down 9.3%...
by Kirkland | Mar 17, 2021 | News
Weyerhaeuser Buys 69,000 Acres Weyerhaeuser is purchasing 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for $149 million. The acquisition comprises highly productive timberlands in southwest Alabama, 100 miles north of...
by Kirkland | Mar 3, 2021 | News
Humboldt Sawmill Gains Biochar Certificate Utilizing major cogeneration residual, Humboldt Sawmill in Scotia, Calif. has obtained a European Biochar Certificate, the first U.S. based company to do so. Through the production of biochar, a byproduct of its Scotia,...
by Kirkland | Feb 18, 2021 | News
Interfor Is Purchasing WestRock Summerville Sawmill Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and...
by Kirkland | Feb 18, 2021 | News
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good U.S. housing starts were at a seasonally adjusted rate of 1.580 million for January, a 6% decrease from December and 2.3% below January a year ago, according to the U.S. Census Bureau and U.S....
by Kirkland | Feb 17, 2021 | News
Drax Purchase Alters Biomass Landscape Drax Group, the major United Kingdom-based electricity producer, which has converted much of its generation from coal-fired to wood pellet fuel, has entered into an agreement to purchase major Canadian-based industrial wood...