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North America

North American lumber suppliers cut prices to increase sales

A few months of struggle between lumber buyers and sellers brought some big price cuts in mid-June. Suppliers had [...]

UFP Industries to acquire 50% stake in Dempsey Wood Products, LLC

UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in Dempsey Wood Products, LLC [...]

U.S. open to new lumber talks with Canada

The United States is open to fresh negotiations with Canada to resolve a longstanding dispute over U.S. tariffs on [...]

N. American lumber prices fall further as mortgage rates hit fresh 13-year high

   Lumber prices fell Thursday, marking the first decline in more than a week, as mortgage rates rose to [...]

Canfor invests $25 million to modernize its Estil facility in South Carolina

Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility in South Carolina, as South Carolina [...]

Uniboard Canada invests $250 million in a new particleboard press

  Uniboard Canada is moving forward with the modernization project for its Val-d'Or plant.    [...]

Many North American lumber prices flat as ongoing delivery delays resolved

After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum [...]

North American lumber prices remain near recent lows as new home construction sinks

   Lumber prices remained near recent lows as construction on new homes fell while mortgage rates jumped.   [...]

Fuel prices forcing shutdowns, threaten entire US timber supply chain

Skyrocketing, record-breaking diesel fuel prices are forcing some logging and trucking operations to shut down. More shutdowns will follow [...]

Brazil boosts plywood exports to EU as falling supplies to US

In May, Brazil reduced plywood exports to the U.S. by 38% year-on-year to 101 thousand m3. At [...]