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Central Newfoundland Timber Resources for Sale
The Government of Newfoundland said this week negotiations are still ongoing with a California-based company interested in timber resources in central Newfoundland, according to VOCM radio Wednesday. Rentech is looking to produce wood pellets in Canada; it already has access to wood resources in Ontario. Up for grabs is the 280,000 cubic metres of wood…
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US Rental Apartment Absorption Rates: 3Q 2014
Absorption completions continued to rise during 3Q 2014. While for-rent apartment absorption rates remained strong at the end of 2014, there was a drop in short-term absorptions for the condominium and co-op market According to NAHB analysis of the most recent data from the Census Bureau and Department of Housing and Urban Development Survey of…
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US Producer Prices, Building Materials: February 2015
Inflation in US prices received by producers (prior to sales to consumers) declined 0.5 per cent in February, according to the The Bureau of Labor Statistics March 13. The decline was dominated by a decline in prices for services and within services prices for trade, transportation, and warehousing. Prices for goods also declined led by…
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US Architecture Billings Index: February 2014
Architecture Billings Index was at 50.4 in February, up from 49.9 in January, the American Institute of Architects said Wednesday. The new projects inquiry index was 56.6, down from a reading of 58.7 the previous month. New project inquiries, though indicating growth, were at their slowest pace of increase in two and one-half years. …
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Groupe Savoie Sawmill to Close
Forty-five people work at the Westville Sawmill in Westville, Pictou County, NB, owned by Groupe Savoie, which will be forced to shut down next week, according to CBC Tuesday. The sawmill has only enough hardwood supply to keep working for another week. New Brunswick Sawmill to Close Mill manager Andrew Watters says the same…
