by Kirkland | Dec 17, 2020 | News
U.S. Housing Starts Continue Upward U.S. housing starts (single-family and multi-family combined) were a seasonally adjusted rate of 1.547 million in November, an increase of 1.2% over October and 12.8% above November 2019, according to the U.S. Census Bureau and U.S....
by Kirkland | Dec 16, 2020 | News
Agreement Addresses Role Of Private Working Forests In Lessening Climate Change Dynamics Forest products industry, environmental and conservation leaders have announced an agreement of principles on the important role sustainably managed forests and forest products...
by Kirkland | Dec 16, 2020 | News
Binderholz Wins Auction For Klausner Two Austria-based Binderholz Group has purchased, through auction, the bankrupt Klausner Lumber Two LLC sawmill operation in Enfield, NC for $83.4 million. Binderholz had already purchased, at auction in August, the bankrupt...
by Kirkland | Dec 16, 2020 | News
Western Producer Goes South Idaho Forest Group is building a sawmill in Lumberton, Miss., in Lamar County. The project is a $120 million corporate investment and will create up to 135 jobs. Headquartered in Coeur d’Alene, Idaho, IFG operates six sawmills and a...
by Kirkland | Dec 15, 2020 | News
UFP Industries Purchases PalletOne UFP Industries, LLC is purchasing PalletOne, Inc. for $232 million. UFP has also agreed to pay $18 million for PalletOne’s recent capital expenditures. Based in Bartow, Fla., PalletOne is a leading manufacturer of new pallets in the...
by Kirkland | Dec 10, 2020 | News
West Fraser Purchases Norbord For $3 Billion West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West...