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North America

Georgia-Pacific to cease operations at lumber mill in DeQuincy, Louisiana

Georgia-Pacific will “cease operations” at its lumber facility in DeQuincy, Louisiana due to market conditions, the company announced over [...]

Resolute to lay off 1,000 workers in Quebec due to COVID-19 pandemic

Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec because of the COVID [...]

US lumber companies object to Canadian lumber industry aid programs

The U.S. Lumber Coalition has expressed concern over recent announced and implied aid programs across Canada to benefit the [...]

Klausner Lumber One reportedly seeks Chapter 11 bankruptcy protection with more than US$100M in debt

On April 30, Klausner Number One filed for Chapter 11 protection in the U.S. Bankruptcy Court, District of Delaware [...]

Canfor to reopen 2 BC sawmills

Canfor has announced that it plans to reopen two B.C. area sawmills on Monday, 11th May. Its operations in [...]

IKEA to start reopening stores in Europe in May; sales dropped 60% during closure

IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May [...]

BC government offers aid to forest companies

The British Columbia government is deferring a timber harvesting fee charged to forest companies in an effort to help the [...]

North American softwood lumber prices recover from lows of two weeks ago

Given the wee surge last week, North American softwood lumber prices have bounced from lows of two weeks ago. Whether [...]

Top global lumber producing companies in 2019: Slow demand results in lower output

Top global lumber companies’ production recorded a net decline in 2019. The same 15 companies that made the list in [...]