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Sawmill Investments
Read more: Sawmill InvestmentsWestern Forest Products, Weyerhaeuser, and Interfor all this week announced sawmill upgrades or added shifts. Sawmill Upgrades Nanaimo, BC’s, Western Forest Products is spending $30 million to upgrade three Vancouver Island sawmills, as part of a $125-million capital plan by the company to become more competitive and line up new markets. The Duke Point, BC,…
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Sawmill Curtailments, Closures
Read more: Sawmill Curtailments, ClosuresTl’oh Forest Products, out of Fort St. James, BC, will be closing its doors as of July 31st, putting 43 employees out of work, according to 250News Wednesday. The plant produced finger-joint products, but the company says there has been “a fundamental shift in markets that does not allow the business to remain viable”.” The…
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Madison’s Lumber Market Comment: JUNE 15 2015
Read more: Madison’s Lumber Market Comment: JUNE 15 2015MADISON’S LUMBER MARKET COMMENT: JUNE 15 2015 Fresh data out last week from Canada, British Columbia, Alberta, and the US Census shows improvement for forest products manufacturing sales and exports in North America so far this year. Nationally, StatsCan data shows the total VALUE of exports by Canadian sawmills for January to April up 15.3…
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North America Construction Framing Dimension Lumber Wholesale Price: 06/12
Read more: North America Construction Framing Dimension Lumber Wholesale Price: 06/12June 12, 2015: #LUMBER PRICES 06/12: WSPF KD 2×4 #2&Btr US$294 mfbm (+$14); WSPF KD PET 2×4 Studs $295 (+$15); Doug Fir green #2&Btr 2×4 $320 (+$10); OSB ON 7/16″ C$235 msf (-$5) (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 06/12
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British Columbia Forest Product Exports: April 2015
Read more: British Columbia Forest Product Exports: April 2015 Highlight of Exports YTD 2015 (April), compared to YTD 2014 (April): B.C. forest product exports totalled $4.28 billion, up 12.7% from $3.80 billion. https://www.for.gov.bc.ca/het/economics-forest-exports.htm
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British Columbia Forest Product Exports: April 2015
Read more: British Columbia Forest Product Exports: April 2015 Highlight of Exports YTD 2015 (April), compared to YTD 2014 (April): B.C. forest product exports totalled $4.28 billion, up 12.7% from $3.80 billion. https://www.for.gov.bc.ca/het/economics-forest-exports.htm
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Advertise with Madison’s!
Read more: Advertise with Madison’s!Get YOUR word directly to North America’s forest products industry… Y o u r N a m e H e r e Immediately reach executives, decision makers, and managers in the natural resources sector, specifically related to timber products. Support Canada’s ONLY national publication tracking North American softwood product values. Advertising Information:…
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Canada/US Softwood Lumber Trade
Read more: Canada/US Softwood Lumber TradeRuss Cameron, president of the Independent Wood Processors Association of BC, told The Working Forest on April 17 that BC’s value added wood processors are being “decimated” by big lumber. In an email to Madison’s Thursday, Cameron provided context, saying: there is no more growth for commodity wood products but lots of opportunity for value…
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Lumber Production, Shipments, Stock: March 2015
Read more: Lumber Production, Shipments, Stock: March 2015Statistics Canada released Monday the latest data on provincial lumber production and manufacturing sales. As well, the Western Wood Products Association’s monthly Lumber Track, out Friday, contains the latest data on US and Canadian sawmill capacity utilization.
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US Construction Spending: April 2015
Read more: US Construction Spending: April 2015NAHB analysis of Census construction spending data released Monday finds that the pace of residential construction spending improved on both a monthly and year-over-year basis for April. For the month, the seasonally adjusted annual rate of single-family construction spending was US$206 billion, up 1.6 per cent from March. The April rate of multifamily construction spending…
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US Home Price Index: March 2015
Read more: US Home Price Index: March 2015The Federal Housing Finance Agency and the Standard and Poor’s/Case-Shiller recently released Monday the Home Price Index for March. The price index reported by the Federal Housing Finance Agency (FHFA) decelerated in March, slowing to an annualized growth rate of 4.2 per cent, from 7.8 per cent in February. Monthly growth rates have been volatile…
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US Architecture Firm Billings: April 2015
Read more: US Architecture Firm Billings: April 2015After a soft 1Q resulting largely from severe weather across parts of the Northeast and Midwest, expectations were that design billings at architecture firms would rebound in 2Q, said the American Institute of Architects May 20. At 48.8, the April ABI national score reflected a steeper retrenchment than any of the first three months of…
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Lumber Company Mergers, Acquisitions
Read more: Lumber Company Mergers, AcquisitionsLumber company Stock Building Supply Holdings announced Wednesay it agreed to combine with privately held Building Materials Holding, in a deal that positions the combined company to take advantage of demand for building supplies in the recovering housing market. The two lumber companies, once bankrupt, had combined revenue of US$2.7 billion in 2014. Stock Building…
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Cross Laminated Timber
Read more: Cross Laminated TimberSome new announcements for funding around CLT (cross laminated timber) came out of a couple jurisdictions recently, also this week a Vancouver architecture firm has submitted a design proposal for a 35 storey wooden tower to be built in Paris. To promote the adoption of innovative wood building technologies, the US Department of Agriculture (USDA)…
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North America Construction Framing Dimension Lumber Wholesale Price: 06/05
Read more: North America Construction Framing Dimension Lumber Wholesale Price: 06/05June 5, 2015: #LUMBER PRICES 06/05: WSPF KD 2×4 #2&Btr US$280 mfbm (+$18); WSPF KD PET 2×4 Studs $280 (+$15); Doug Fir green #2&Btr 2×4 $310 (+$5); OSB ON 7/16″ C$240 msf (+$5) (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 06/05
