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Oregon Plywood Mill Burns Down, 250 jobs lost
Swanson Group’s Oregon plywood mill burned down Fri: 250 jobs, 15 million square feet monthly production gone. Plywood product mix was 60% for housing, 40% industrials. “In addition to its Glendale plywood and veneer plant, Swanson also has a sawmill in Glendale and a stud mill in Roseburg. Of the 7 million feet of plywood…
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Lumber sector grapples with epic wildfires and melting highways
Traders of solid wood products reported slightly slower sales this week, however expressed surprise that the usually slow-down month of July started off with such strong volumes. Sawmills will embark on regular seasonal and maintenance curtailments over the next four weeks. Prices on most dimension lumber and panel items remained mostly flat this week, with…
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Lumber sector grapples with epic wildfires and melting highways
Traders of solid wood products reported slightly slower sales this week, however expressed surprise that the usually slow-down month of July started off with such strong volumes. Sawmills will embark on regular seasonal and maintenance curtailments over the next four weeks. Prices on most dimension lumber and panel items remained mostly flat this week, with…
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Wildfires
Raging forest fires erupted with a vengeance across North America as deteriorating timber conditions in the back country and extended dry weather combined this season. Potentially record-high temperatures this weekend threaten to complicate firefighting efforts in Washington State, where five wildfires already are raging. Hot and dry weather forecast could exacerbate the 28-mile Mills Canyon…
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Housing Starts, Canada
The CMHC report showed single-unit starts rose 0.9 per cent while multiple-units, typically condominiums, rose 0.1 per cent. Canada’s condo market has cooled since 2012 after a multi-year boom, and is widely expected to cool further as unsold inventory comes onto the market. June’s strength in housing starts was led by the prairie provinces which…
