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Weyerhaeuser Invests
Read more: Weyerhaeuser InvestsWeyerhaeuser is investing US$57 million over a three-year period to install two continuous direct fired kilns and a new planer mill at its softwood lumber mill in Philadelphia, MI, the company announced Wednesday. The mill produces approximately 220 million board feet of Southern Yellow Pine two-inch dimension lumber, 2×4 through 2×12.
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Canfor, Canfor Pulp Report
Read more: Canfor, Canfor Pulp ReportCanfor Corporation Thursday reported net income of $54.3 million, or $0.39 per share, for 2Q 2014, compared to $110.3 million, or $0.77 per share, for 2Q 2013. Canfor Pulp Products also Thursday reported net income of $18.8 million, or $0.27 per share, for 2Q 2014, compared to $7.6 million, or $0.11 per share, for 2Q…
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Madison’s 2Q 2014 North America Timber Industry Analysis and Projection
Read more: Madison’s 2Q 2014 North America Timber Industry Analysis and ProjectionMADISON’S FOREST PULSE The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK BELOW TO DOWNLOAD! Madison’s Forest Pulse Don’t miss even one issue of this…
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Madison’s 2Q 2014 North America Timber Industry Analysis and Projection
Read more: Madison’s 2Q 2014 North America Timber Industry Analysis and ProjectionMADISON’S FOREST PULSE The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK BELOW TO DOWNLOAD! Madison’s Forest Pulse Don’t miss even one issue of this…
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Lumber Remanufacturing
Read more: Lumber RemanufacturingAn article this week in the Globe and Mail piqued Madison’s interest to discover the latest technologies and developments in manufacturing higher-value and value-added solid wood products. An established skateboard manufacturer in Ontario has come up with a way to work veneers to make a totally new kind of skateboard. “His innovative woodworking technique –…
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Wildfires
Read more: WildfiresIgnited by lightning strikes on hot and tinder dry forests, more than a dozen large wildfires are raging throughout the Pacific Northwest of the United States and up into British Columbia Friday. In Oregon and Washington alone, more than 310,000 acres were ablaze as of yesterday (July 17), according to the Northwest Interagency Coordination Center.…
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Housing Starts, US
Read more: Housing Starts, USUS home construction fell 9.3 per cent in June, a surprising sign of weakness for a sector that has struggled to maintain momentum over the past year. Housing starts sank last month to a seasonally adjusted annual pace of 893,000, the weakest showing since September 2013, the Commerce Department said Thursday. It was the second-straight…
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Oregon Timber Harvest
Read more: Oregon Timber HarvestIn 2013, Oregon’s timber harvest rose to 4.2 billion board feet, marking four consecutive years of increase from the recession low of 2.72 billion board feet in 2009 said the Oregon Department of Forestry Thursday. Timber harvest increases can be attributed to a strong export market for Oregon logs in 2013, coupled with a domestic…
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West Fraser Reports
Read more: West Fraser ReportsWest Fraser Timber Wednesday reported lower year-over-year earnings in 2Q despite an increase in sales revenue. The Vancouver-based softwood lumber producer says net income in the quarter was $74 million, or 87 cents per share, compared with $109 million, or $1.27 per share, in the comparable 2013 period. Revenue rose to $1.05 million from $900…
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Oregon Plywood Mill Burns Down, 250 jobs lost
Read more: Oregon Plywood Mill Burns Down, 250 jobs lostSwanson 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
Read more: Lumber sector grapples with epic wildfires and melting highwaysTraders 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
Read more: Lumber sector grapples with epic wildfires and melting highwaysTraders 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
Read more: WildfiresRaging 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
Read more: Housing Starts, CanadaThe 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…
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Japan Housing Starts: May 2014
Read more: Japan Housing Starts: May 2014Japan’s Ministry of Land, Infrastructure and Transport data shows that units built for owners declined by 22.9 per cent, to 22,288 units, said Japan Lumber Reports. These drops are influenced by Japan’s consumption tax increase in April 2013, the government agency said. New construction of wood-based units in May dropped to 36,983, from 40,035 the…
