by Web Editor | Aug 26, 2015 | News
It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....
by Web Editor | Aug 21, 2015 | News
Maley & Wertz Acquires Kirkham Hardwoods, Inc. Maley & Wertz Inc., an Evansville-based firm that acquires and sustains North American hardwoods, has acquired Kirkham Hardwoods Inc. According to a news release, the merger will better position the combined...
by Web Editor | Aug 19, 2015 | News
Hardwood lumber sales remained relatively slow, as a combination of lackluster overseas demand and the easy availability of lumber kept many buyers on the sidelines. Many mills tell us that the high prices they paid for timber a few months ago make it very difficult...
by Web Editor | Aug 12, 2015 | News
Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...
by Web Editor | Aug 10, 2015 | News
Cross laminated timbers are being used in mass quantities for the tallest wood building so far: a 121-unit, 10-story apartment complex in London. Architects Waugh Thistleton, CLT engineers Ramboll and developer Regal Homes, says the most exciting aspect of the...
by Web Editor | Aug 7, 2015 | News
Conifex Timber Buying Shuttered G-P Sawmill In Arkansas Conifex Timber Inc. of Vancouver, Canada, said Thursday that it is buying the former Georgia-Pacific sawmill south of El Dorado. The statement said Conifex has completed the purchase of the outstanding shares and...