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North America

US: Furniture makers expanding production capacity

La-Z-Boy announced an investment of approximately US$26 million over three years in its largest upholstered furniture manufacturing [...]
February 24, 2017 Daily News / Furniture / Global / North America

Russia’s softwood lumber invades the Chinese market

China's softwood lumber imports hit a new record of 21.58 million cubic meters in 2016, up 24 percent [...]

US lumber prices boom tied to pending duties on Canadian exports

The U.S. lumber markets are already seeing some major price volatility, where W-SPF lumber prices soared by a [...]

Mercer acquires Germany’s largest sawmill and a biomass plant from Klausner

Mercer International Inc. announced on the 21st of February that it has entered into an agreement to acquire substantially all [...]

North American imports of temperate and tropical sawnwood went 15% down

Annual imports of temperate and tropical sawn hardwood in North America decreased by 15% in 2016, as compared to the [...]

Sharp drop in John Deere’s forestry equipment sales; outlook positive

For the first financial quarter ended January 29, worldwide net sales of John Deere increased 2 percent, to $5.625 [...]

Canadian lumber exports to China fell 10% in 2016

In 2016, Canada exported a total of 29.2775 million cubic meters of softwood lumber, compared with the 2015 annual [...]

US hardwood exports to China set new record

The period from January-November 2016 showed another record for US hardwood exports to SEA & Greater China, which increased [...]

Softwood lumber price in the US exceeded $400 last week

Framing lumber sales in the US slowed down last week, as compared to the previous week, as buyers stepped back [...]

US housing starts level off in January

Housing starts in US returned to trend, dropping 2.6 per cent to a seasonally adjusted annual rate of 1 [...]