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Madison's
Lumber Market Update
  • Port Hawkesbury to Convert to Sugar

    Nova Scotia’s Port Hawkesbury Paper hopes to move ahead with a demonstration sugar extracting operation within a year. The mill has commissioned an engineering study that is nearly complete for the plant, which would be located at the Point Tupper (Nova Scotia) mill site, according to Atlantic Farm Focus Thursday. They’ve been working on the…

    Read more: Port Hawkesbury to Convert to Sugar
    May 8, 2014

    Madison’s Lumber Reporter

  • Plum Creek Develops

    Plum Creek Timber, out of Seattle, WA, and one of the largest private landowners in the nation, has begun developing a 2,000-acre “mega site” in south Georgia for future industrial use. Speaking to stock analysts on April 28, Plum Creek CEO Rick Holley said the property, which he called the “Heart of Georgia mega site,”…

    Read more: Plum Creek Develops
    May 8, 2014

    Madison’s Lumber Reporter

  • China, Wildfires

    Further to this week’s feature story in your Madison’s Lumber Reporter, China has mobilized nearly 3,000 people to quench two raging forest fires in the country’s southwest and north, said Xinhua Friday. Authorities in the southwestern Yunnan Province have mobilized 1,720 people and two helicopters to put out a forest blaze in Dali City. The…

    Read more: China, Wildfires
    May 8, 2014

    Madison’s Lumber Reporter

  • Canfor Invests

    Canfor will invest $30 million at its Polar facility in Bear Lake, north of Prince George, BC, to replace the existing sawmill and to produce higher-value products, company officials said Wednesday at the company’s annual general meeting in Prince George. Canfor will also pump $6 million into its Fort St. John sawmill’s log yard stabilization…

    Read more: Canfor Invests
    May 8, 2014

    Madison’s Lumber Reporter

  • Metro Vancouver trucking firms challenge federal right to set container rates

    REGARDING: ongoing transportation contract issues at Port Metro Vancouver Israel Chafetz, one of the lawyers on the case, which involves 33 trucking firms led by Pro West Transport and Trend Transport, said “It’s not an issue of how fair or unfair the rate is, the issue is the authority to set a rate.” Read more:…

    Read more: Metro Vancouver trucking firms challenge federal right to set container rates
    April 30, 2014

    Madison’s Lumber Reporter

  • Export Development Canada Forestry Products Export Forecast : Spring 2014

    A forecast by Export Development Canada (EDC), released Thursday, predicts that the global economy is on the verge of a rush of economic growth. While key risks still threaten the outlook, the forecast notes their declining severity thanks to increasing momentum and firmer growth fundamentals. The forecast noted that OECD nations, accounting for roughly half…

    Read more: Export Development Canada Forestry Products Export Forecast : Spring 2014
    April 29, 2014

    Madison’s Lumber Reporter

  • US Transportation Improvement Bill

    US Transportation Secretary Anthony Foxx Tuesday announced that President Obama plans to provide lawmakers with a legislative proposal for renewing federal transportation spending. Obama called on lawmakers to pass a four-year, US$302 billion bill to revitalize the nation’s transportation infrastructure. The president was previously criticized for failing to provide a specific bill proposal during the…

    Read more: US Transportation Improvement Bill
    April 29, 2014

    Madison’s Lumber Reporter

  • US Home Builder Financial Results

    D.R. Horton and PulteGroup, the two biggest US homebuilders, said Thursday a tight supply of homes is helping them to raise prices, suggesting that the market is regaining strength ahead of the crucial spring selling season, according to Reuters. A dwindling number of existing homes for resale and a scarcity of ready-to-build land is allowing…

    Read more: US Home Builder Financial Results
    April 29, 2014

    Madison’s Lumber Reporter

  • EACOM Reconstruction

    The reconstruction Eacom’s sawmill in Timmins, ON, is just a couple of months from being completed, according to Timmins Press Sunday. It will be take longer, however, before mill operators can settle back and declare the job done. “We expect the construction to be finalized within the next two months,” explained Guy Fleury, general manager…

    Read more: EACOM Reconstruction
    April 29, 2014

    Madison’s Lumber Reporter

  • Council of Forest Industries of British Columbia

    At the beginning of April was held the Council of Forest Industries of British Columbia convention in Kelowna, BC. Founded in 1960 by various logger and lumber manufacturer organizations, COFI is now a “CEO-lead organization”, as Ted Seraphim, CEO of West Fraser Timber, put it during his speech. The convention was attended by over 400…

    Read more: Council of Forest Industries of British Columbia
    April 29, 2014

    Madison’s Lumber Reporter

  • CN to Resolve BC Rail Car Backlog

    Canadian National Railway said this week it’s alleviating a shortage of rail capacity for lumber shipments in British Columbia. The largest Canadian railroad’s ability to move wood products is gradually catching up with demand following extreme winter conditions in North America this year, Emily Hamer, a Vancouver-based CN spokesperson, said Thursday in a phone interview…

    Read more: CN to Resolve BC Rail Car Backlog
    April 23, 2014

    Madison’s Lumber Reporter

  • US Housing Starts

    US housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 per cent to a seasonally adjusted annual rate of 946,000. February’s starts were revised to show a 1.9 per…

    Read more: US Housing Starts
    April 23, 2014

    Madison’s Lumber Reporter

  • Oregon Timber Revenue

    Eighteen western Oregon counties received US$39.6 million in another set of one-time federal payments for lands once owned by the Oregon & California Railroad, according to the Statesman Journal Thursday. Timber Revenue, Oregon The release was announced by the Bureau of Land Management, which oversees most of those lands. The Forest Service released US$68 million…

    Read more: Oregon Timber Revenue
    April 23, 2014

    Madison’s Lumber Reporter

  • BC College Receives Funding

    The College of New Caledonia received its largest-ever grant Thursday, according to the Prince George Citizen. Natural Sciences and Engineering Research Council of Canada has given the college $1.88 million and the CNC Research Forestry Society has given $200,000 to research innovations in the forestry industry. The college will work with key players in the…

    Read more: BC College Receives Funding
    April 23, 2014

    Madison’s Lumber Reporter

  • L and S Lumber Closes

    A long time Nova Scotia sawmill has shut its doors, according to Atlantic Farm Focus Thursday. L and S Lumber in Caledonia, once known as NF Douglas Lumber, ceased operations April 7. The sawmill has many years of history behind it, operating formerly as the NF Douglas sawmill from the late 1800’s until it was…

    Read more: L and S Lumber Closes
    April 23, 2014

    Madison’s Lumber Reporter

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Madison's Lumber Reporter

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