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Keyword: lumber

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 [...]

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 [...]

The market situation for lumber and plywood in Europe is hot this summer

The cessation of imports of lumber and plywood from Russia and Belarus reduced their supply in Europe, which has weakened [...]

Finland: Lumber prices start to fall sharply

Uncertainty is already visible in Finland's lumber market, and demand and prices for lumber have started to fall sharply [...]

Russian timber industry is looking for ways to export through Belarus and Turkey

Russian lumber companies, forced to halt exports to the EU due to sanctions, doubled supplies to China and Kazakhstan in [...]

Some sawmills in Russia expected to curtail production from July

The decline in export volumes due to EU sanctions against the backdrop of rising transportation tariffs and a stronger ruble [...]

PotlatchDeltic invests US$ 131 million in lumber mill expansion

PotlatchDeltic Corp. announced Monday that it is investing $131 million to expand and modernize its Waldo sawmill located in Columbia [...]

N. American lumber slumps to seven-month lows as housing market bears brunt

North American lumber futures are toppling to levels not seen since November amid fears of a softening housing market and [...]