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North America

Armstrong to sell its Wood Flooring segment for US$ 100 million

Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to an affiliate of American [...]

Canadian lumber companies in trouble: high log prices and low supply cause production curtailments

Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite recent record profits made [...]

Resolute cuts production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Canadian government to invest in a wood pellet and sawmill complex

The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will go towards helping the [...]

Enviva to expand wood pellet capacity

Enviva Partners LP has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also [...]

West Fraser to permanently reduce lumber production at Fraser Lake and Quesnel sawmills

West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]

Forecast: Canada still a major supplier of softwood lumber to the US in the next decade

The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key supplier to the growing [...]

Lowe’s to close 51 stores in the N. America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]

Stable softwood lumber prices in the US this month

Firm to higher prices were the rule on the heels of last week’s activity in the US. Some follow [...]

Rising trend in EU wood pellets imports from the US continues this year

    US wood pellets exports to Europe have risen by 11% during the first nine months of [...]