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Housing Starts Gain Steam, Though Permits Show Slight Decline

Housing Starts Gain Steam, Though Permits Show Slight Decline U.S. housing starts experienced another month of growth in June 2021, reaching a seasonally adjusted rate of 1.643 million, a 6.3% increase over May and 29.1% above June 2020, according to the U.S. Census...

Carbotech Group Acquires Autolog

Carbotech Group Acquires Autolog Effective July 6, 2021, Carbotech Group has completed the full acquisition of Autolog, a company specializing in wood processing optimization and automation. Experiencing continuous growth as the industry has boomed, Carbotech...

Resolute Continues Sawmill Enhancements

Resolute Continues Sawmill Enhancements Resolute Forest Products Inc. announced capital investments of $50 million in its wood products operations, including: $22 million to modernize equipment at the Senneterre, Quebec sawmill; $13 million at the Thunder Bay/Fort...

Housing Starts Increase In May, Far Ahead Of One Year Ago

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...

Interfor Purchases Four Sawmills From GP

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...