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 [...]
June 29, 2022
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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 [...]
June 27, 2022
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Canfor invests $25 million to modernize its Estil facility in South Carolina
Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility in South Carolina, as South Carolina [...]
June 27, 2022
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The market situation for lumber and plywood in Europe is hot this summer
The cessation of imports of lumber and plywood from Russia and Belarus reduced their supply in Europe, which has weakened [...]
June 23, 2022
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Finland: Lumber prices start to fall sharply
Uncertainty is already visible in Finland's lumber market, and demand and prices for lumber have started to fall sharply [...]
June 21, 2022
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Russian timber industry is looking for ways to export through Belarus and Turkey
Russian lumber companies, forced to halt exports to the EU due to sanctions, doubled supplies to China and Kazakhstan in [...]
June 15, 2022
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Some sawmills in Russia expected to curtail production from July
The decline in export volumes due to EU sanctions against the backdrop of rising transportation tariffs and a stronger ruble [...]
June 8, 2022
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BC’s forestry sector dealing with challenges amid inflation, interest rate hikes
“It’s been an incredible period of volatility and uncertainty in our world and markets,” That [...]
June 8, 2022
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PotlatchDeltic invests US$ 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 [...]
June 7, 2022
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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 [...]
June 2, 2022
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