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 | The Issues
Good Times Don’t Last Long Sometimes Article by Rich Donnell, Editor-in-Chief, Timber Processing June 2021 Never—for as long as we’ve been conducting an annual Sawmill Operations & Capital Expenditure Survey—have softwood lumbermen and hardwood lumbermen in the...
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 | Machinery Row
Homag Purchases Press Manufacturer Homag Group is acquiring majority interest in the Danish mechanical engineering company, Kallesoe Machinery A/S, as Homag takes another step toward establishing itself as a leading technology partner for sustainable construction with...
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...