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U.S. Housing Starts Continue Upward

U.S. Housing Starts Continue Upward U.S. housing starts (single-family and multi-family combined) were a seasonally adjusted rate of 1.547 million in November, an increase of 1.2% over October and 12.8% above November 2019, according to the U.S. Census Bureau and U.S....

BID Group To Modernize In Vanderhoof, BC

BID Group To Modernize In Vanderhoof, BC   BID Group, a North American leader in sawmill equipment manufacturing, installation, and life cycle services, has announced it will invest over $3.5 million at its Vanderhoof operations to create a steel pattern...

Binderholz Wins Auction For Klausner Two

Binderholz Wins Auction For Klausner Two Austria-based Binderholz Group has purchased, through auction, the bankrupt Klausner Lumber Two LLC sawmill operation in Enfield, NC for $83.4 million. Binderholz had already purchased, at auction in August, the bankrupt...

Western Producer Goes South

Western Producer Goes South Idaho Forest Group is building a sawmill in Lumberton, Miss., in Lamar County. The project is a $120 million corporate investment and will create up to 135 jobs. Headquartered in Coeur d’Alene, Idaho, IFG operates six sawmills and a...