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North America

U.S. softwood lumber production on the rise, while Candian output falls

U.S. sawmills produced 14.752 billion board ft. (bbf) of softwood lumber in the first five months of 2018 [...]

Lumber prices in the US keep on going down through August

The plunge in framing lumber prices in the US was unabated, but another round of steep discounting drew in more [...]

Maibec sells two sawmills to Group Lebel

Maibec announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the [...]

Norbord achieves highest Q2 results in history

Norbord Inc. reported Adjusted EBITDA of $273 million for the second quarter of 2018 versus $165 million in the second [...]

US lumber prices drop sharply at the beginning of August

Framing lumber prices in US spiraled downward, as mills searched for trading levels to little avail. Deep double-digit cuts [...]

Georgia-Pacific to invest US$ 150 million in a new lumber production facility in the US

Georgia-Pacific announced plans for construction of a new lumber production facility in Albany-Dougherty County, Georgia, USA.    [...]

Astec Industries to limit wood pellets business due to financial improfitability

Nearly a decade after entering the business of developing new wood pellet production machines, Astec Industries, Inc. said today it [...]

Top global softwood lumber producers

The top global lumber companies showed further gains in production in 2017 as compared to 2016 output. Three companies recorded [...]