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North America

Japanese save CLT manufacturer Katerra from bankruptcy

The Japanese SoftBank has saved the US CLT manufacturer Katerra from bankruptcy with a cash injection of US $ 200 million [...]

Vietnam to tighten timber laws to avoid US tariff threats

Vietnam’s wood industry, under investigation by the U.S. Trade Representative for allegedly importing illegally harvested or traded timber [...]

U.S. hardwood sector faces multiple issues from trade wars to changing consumption patterns

The biggest issue the hardwood industry faces is loss in domestic consumption. International hardwood export, Michael Snow, comments on key [...]

North American lumber pricing surge expected to persist in 2021

An unexpected rebound in wood product prices in December was boosting profits for Canadian forestry companies but leaving homeowners and [...]

North America: Wood products pricing volatility likely to persist in 2021

Pandemic-related supply constraints likely in new year  A year marked by high demand, supply constraints, and mercurial [...]

Top 10 sawmills in Europe after Binderholz acquisition of Klausner Lumber Two

After taking over the two Klausner sawmills in the USA, Binderholz is moving significantly closer to number 1 in Europe [...]

BC government creates $9.3M fund to help forest sector with COVID-19 costs

The government of B.C. has created a $9.3 million fund for small- and medium-sized forestry businesses to [...]

N. America: Unrelenting strong demand sends softwood lumber prices higher to end 2020

This week marks the normal seasonal end to softwood lumber manufacturing across most of North America annually. Sawmills in Eastern [...]