by Web Editor | Mar 27, 2017 | News
A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge less than their U.S. counterparts, explains Kevin Mason, managing...
by Web Editor | Mar 22, 2017 | News
Brian Luoma Picked To Lead Alabama’s Westervelt Company The Westervelt Company named Brian Luoma as President and CEO, succeeding Mike Case, who announced his retirement after more than 32 years with the company. Luoma will oversee Westervelt Lumber, Westervelt...
by Web Editor | Mar 20, 2017 | News
The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The increases were led by gypsum products, with softwood lumber a close second....
by Web Editor | Mar 15, 2017 | News
Headaches over the supply and price of North American lumber likely will persist for several years, the CEO of the National Association of Home Builders told lumberyard executives today, adding that one solution he’s working on is to promote imports from Chile...
by Web Editor | Mar 13, 2017 | News
For years Pyramid Mountain Lumber Inc. thought the availability of logs was going to be their limiting factor for profitability and capital improvements. This winter they are up six million board feet in their log yard compared to a year ago. The future is looking...
by Web Editor | Mar 8, 2017 | News
Global softwood lumber trade increased 12 percent year-over-year to reach a new record high of 121 million m3 in 2016, per estimates by WRI. Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments...
