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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood construction / Wood Products / Global / North America
June 10, 2021

Wood demand could stay strong for the next decade, says US biggest lumber producer

Wood demand could stay strong for the next decade, says US biggest lumber producer
The home-building and renovation boom could keep wood demand strong for the next decade, the biggest U.S. lumber producer said Tuesday.    In anticipation, Weyerhaeuser Co. is eyeing forests and sawmills so it can expand output of boards and planks, Chief Executive Officer Devin Stockfish told the Nareit REITweek 2021 Investor Conference on Tuesday. The Seattle-based company already owns 11 million acres of American timberland.  “We’re going to continue to look for timberland opportunities,” Stockfish said. “Every deal that comes to market, we’re looking at, so I would expect us ...

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