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West Fraser Purchases Norbord For $3 Billion

West Fraser Purchases Norbord For $3 Billion West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West...

December 2020

DECEMBER 2020 Cover: Rex Lumber Saw Shop Has Plenty On Its Plate DOTHAN, Alabama – Circle sawing performance and filing efficiency at Rex Lumber are benefiting from a central filing room system that services and works up round saws running at multiple machine centers...

Klausner-Enfield Deal Is Near

Klausner-Enfield Deal Is Near Mayr-Meinhof Holz, which lost out in September 2020 on the bid and acquisition of the bankrupt Klausner Lumber One sawmill in Live Oak, Fla. to Binderholz Group, was the preliminary round bid leader (Stalking Horse bidder) for the...

Remodelers Report Material Shortages

Remodelers Report Material Shortages Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a survey conducted by the National Assn. of Homebuilders (NAHB) for its...

U.S. Single-Family Starts Jump for Sixth Month In Row

U.S. Single-Family Starts Jump for Sixth Month In Row U.S. housing starts continue to flourish, rising in October to a seasonally adjusted rate of 1.530 million, a 4.9% increase over September and a whopping 14.2% hike compared to October 2019, according to the U.S....