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BC Pulp Mills
Read more: BC Pulp MillsIn the same week that Canfor Pulp Products announced 2Q financial results, the BC Ministry of Energy and Mines announced a new Power Smart program that will reduce electricity costs for pulp and paper producers. Canfor Pulp’s net income, reported on Wednesday, was $18.8 million, or $0.27 per share, for 2Q 2014, compared to $25.7…
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Western US Timberland Owners Close Lands
Read more: Western US Timberland Owners Close LandsHancock Forest Management, Weyerhaeuser Columbia Timberlands, Stevenson Land Company, Broughton Lumber Company, Kreps Ranch, Kreps Family, Western Pacific Timber, and American Forest Management are closing their lands to public entry effective July 26 until further notice, said the Golden Sentinel Wednesday. The closure is taking place due to extreme fire danger. The closure is for…
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US Home Sales
Read more: US Home SalesNew-home sales in the US fell in June and May’s reading was revised significantly lower, the Commerce Department said Thursday. Sales of new single-family homes fell 8.1 per cent from May to a seasonally adjusted annual rate of 406,000, Meanwhile, May sales were revised down to a rate of 442,000 from a previously estimated 504,000.…
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Softwood Lumber Imports, UK
Read more: Softwood Lumber Imports, UKUnited Kingdom lumber consumption in 2013 totalled 8.4 million, with 90 per cent of that softwoods. Import volumes have increased by 4.3 per cent in 2013, and will increase even stronger in 2014. The UK consumes nearly 5 million cubic metres of wood per year, 57 per cent of that imported. All this favourable economic…
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Sawmill Fire
Read more: Sawmill FireFire destroyed a sawmill in Marysville, ID, on Thursday night. The fire was burning in stacks of firewood and timber at Fisher Logging near Ashton. Firefighters were able to protect other buildings. Damage was estimated at US$250,000. The sawmill had not operated for past six months, but there were 10-foot-high piles of sawdust on the…
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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…
