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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.
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North America Construction Framing Dimension Lumber Wholesale Price: 05/29
May 29: #LUMBER PRICES 05/29: WSPF KD 2×4 #2&Btr US$262 mfbm; WSPF KD PET 2×4 Studs $265; Doug Fir green #2&Btr 2×4 $305; OSB ON 7/16″ C$235 msf (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 05/29
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Sawmill Curtailments
Tembec is suspending operations at its three sawmills in Québec due to the high cost of wood supply in the Abitibi-Témiscamingue region. The company says the wood costs make its sawmills uncompetitive given the persistent weak market prices for lumber in North America. The move affects 360 direct jobs at Tembec. Tembec is still trying…
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US Freight and Rail Transport Data: March 2015
The Ontario Trucking Association’s 2Q 2015 business conditions survey shows that nearly half of Ontario carriers reported freight volume increases in the previous three months, compared to carriers in the 4Q 2014 survey. Freight and Rail Transport Data, US: April 2015 This is the first time in 18 months that less than 30 per cent…
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US Housing Starts: April 2015
US housing starts jumped to their highest level in nearly 7-1/2 years in April and building permits soared. Groundbreaking surged 20.2 per cent to a seasonally adjusted annual pace of 1.14 million units, the highest since November 2007, the Commerce Department said Tuesday. The per cent increase was the biggest since February 1991. Adding to…
