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Japan Domestic Lumber Prices Dropping
Domestic log cutting sawmills in Japan have suffered low lumber prices for more than a year, according to Japan Lumber Reports Friday. “Some sawmills are trying to cash in their lumber inventories even with lower log prices which continue dropping,” said the Reports. “Some regions in Japan are reviving sawmills after log prices plunged since…
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Railway Layoffs, Bridge Fire
A wooden railroad bridge near Minnesota’s border with Canada burned and collapsed early Wednesday, shutting a busy train route that connects the Pacific Coast with Chicago, according to Associated Press via New York Times Wednesday. The bridge in Koochiching County belonged to CN Rail. It carried more than 20 trains over the Rat Root River…
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West Coast Log and Lumber Exports: 1Q 2015
Log exports from Washington, Oregon, northern California, and Alaska totalled 272 mmfbm in 1Q 2015, a decrease of nearly 16 per cent compared to 4Q 2014, the US Forest Service’s Pacific Northwest Research Station reported Wednesday. During this same period, west coast lumber exports declined 4 per cent in volume to 162 mmfbm. Log and…
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Canadian Economic Accounts: 1Q and March 2015
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Interfor Closes
Less than three months after Interfor acquired a Tacoma Tideflats, WA, sawmill, affecting about 125 workers, the company has shut down the mill temporarily to take steps to return it to profitability. Interfor said that it curtailed production Friday at the former Simpson mill because of weak lumber prices and high production costs.
