by Kirkland | Jun 16, 2021 | News
Housing Starts Increase In May, Far Ahead Of One Year Ago U.S. housing starts bounced back in May following a dip in April. Housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.572 million, a 3.6% increase over...
by Kirkland | Jun 15, 2021 | News
Katerra Digs Too Deep Of A Hole: Anybody Want A New CLT Plant? Rumors abound over which company will purchase the Katerra cross-laminated timber facility in Spokane, Wash. The new CLT plant is now part of Katerra’s Chapter 11 bankruptcy filing A “Silicon Valley”...
by Kirkland | Jun 15, 2021 | News
Interfor Purchases Four Sawmills From GP Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to...
by Kirkland | Jun 8, 2021 | News
Canfor Plans New Sawmill In Louisiana Canfor Corp. announced it will invest $160 million to build a new sawmill near DeRidder, La. The facility will have an annual production capacity of 250MMBF on a two-shift basis and will employ 130. Startup is expected to commence...
by Kirkland | May 18, 2021 | News
Single-Family Starts Dip, But Multi-Family Ticks Upward U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit...
by Kirkland | May 17, 2021 | News
Stimpson Retires After Active Career Fred Stimpson, one of the Stimpson family members who ran Gulf Lumber Co. in Mobile, and who was most recently president of Canfor Southern Pine for six years, announced his retirement this past December. In April Canfor elected...
