by Web Editor | Apr 3, 2017 | News
Global softwood lumber trade increased 12% year-over-year to reach a new record-high of 121 million cu. ft. in 2016, according to Wood Resources International. Since the global financial recession in 2009, there has been a steady climb in international trade of...
by Web Editor | Mar 31, 2017 | News
B.C. Envoy Says Window Is Open For U.S. Softwood Lumber Deal British Columbia’s softwood trade envoy says there’s a slight opportunity to quickly negotiate a new lumber agreement between Canada and the United States, but if a deal can’t be reached by the summer or...
by Web Editor | Mar 29, 2017 | News
The hardwood industry adds $17 billion to Indiana’s economy. Since 1898, the hardwood lumber industry has relied on the human eye to detect knots and other imperfections as a way of determining the quality of lumber. Despite some inefficiencies, this form of grading...
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....