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Madison's
Lumber Market Update
  • Sawmill Fire

    Firefighters were called to Lonestar Lumber, a pallet manufacturer in Edmonton, AB, Wednesday It’s believed the fire started in the company’s main manufacturing building. Large amounts of wood and low water pressure in the area made fighting the fire a bit difficult. Crews were able to bring the fire under control shortly after 11:00 am.…

    Read more: Sawmill Fire
    April 1, 2014

    Madison’s Lumber Reporter

  • Lumber Production, Canada

    Lumber production by Canada’s sawmills increased 21 per cent from December, to 5,021.9 thousand cubic metres in January, said Statistics Canada Friday. Compared with January 2013, lumber production increased 2.3 per cent. Sawmills shipped 4,459.6 thousand cubic metres of lumber in January, an increase of 14 per cent from December.

    Read more: Lumber Production, Canada
    April 1, 2014

    Madison’s Lumber Reporter

  • Alberta Forest Products Association, 4Q 2013

    Values of lumber, pulp and paper, and panelboard manufactured by Alberta Forest Products Association (AFPA) members totalled approximately $2.7 billion for 2013, the AFPA released Friday. The value of production was up $335 million or 14 per cent from 2012. Part of the increase can be attributed to new members who joined the AFPA in…

    Read more: Alberta Forest Products Association, 4Q 2013
    April 1, 2014

    Madison’s Lumber Reporter

  • PwC Forestry 4Q 2013

    Canadian forest and paper companies are turning the corner and returning to profitability, according to PwC’s Global Forest and Paper Industry Net Earnings Summary for the quarter ending December 31, 2013 released Monday. This survey of public companies shows that most Canadian companies achieved generally positive results in the fourth quarter, particularly when compared to…

    Read more: PwC Forestry 4Q 2013
    April 1, 2014

    Madison’s Lumber Reporter

  • BC Forest Practices Board Statement

    A report released Tuesday on British Columbia’s forest industry’s harvesting of beetle-killed timber confirms that industry has been meeting government’s expectations for concentrating harvesting on dead pine trees, but says the harvest of other kinds of trees is increasing more than expected in some areas of the province. Pine Beetle Timber The report looks at…

    Read more: BC Forest Practices Board Statement
    April 1, 2014

    Madison’s Lumber Reporter

  • Resolute Announces

    Resolute Forest Products, also based in Montreal, QC, Thursday announced a $105 million upgrade to its Calhoun, TN, pulp and paper mill, including the installation of a modern continuous pulp digester and other wood chip processing equipment. When completed by mid-2016, the project will contribute to significantly lower the mill’s costs, increase its pulp capacity…

    Read more: Resolute Announces
    April 1, 2014

    Madison’s Lumber Reporter

  • Goodfellow Reports

    Delson, QC’s, Goodfellow announced Tuesday its financial results for 2Q ended February 28, 2014. The Company reported a net loss of $0.3 million, or $0.04 per share, compared to a net loss of $0.9 million, or $0.11 per share, a year ago. Consolidated sales for 2Q were $95.4 million, the same as the previous year.…

    Read more: Goodfellow Reports
    April 1, 2014

    Madison’s Lumber Reporter

  • Port Metro Vancouver Trucker Strike Resolved

    Vancouver port truckers reach deal to end strike Port Metro Vancouver container truck drivers to be back at work Thursday morning CBC News Posted: Mar 26, 2014 4:40 PM PT Last Updated: Mar 27, 2014 6:56 AM PT http://www.cbc.ca/news/canada/british-columbia/vancouver-port-truckers-reach-deal-to-end-strike-1.2587948 Port Metro Vancouver truckers reach deal to end strike (updated) Agreement includes both unionized and non-unionized…

    Read more: Port Metro Vancouver Trucker Strike Resolved
    March 27, 2014

    Madison’s Lumber Reporter

  • Transportation Crisis, Canada

    Leaders of the union representing 3,000 conductors, yard workers, and traffic coordinators at the railway will meet on Friday to decide whether to strike or take other action after union members narrowly rejected a second tentative contract deal with Canada’s biggest railway. The Teamsters Canada Rail Conference said in a statement that it still has…

    Read more: Transportation Crisis, Canada
    March 25, 2014

    Madison’s Lumber Reporter

  • US Housing Starts, Home Sales, Inventories

    US housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for the housing market as it struggles to emerge from a soft patch. The Commerce Department said on Tuesday groundbreaking slipped 0.2 per cent to a seasonally adjusted annual rate of 907,000 units. That followed…

    Read more: US Housing Starts, Home Sales, Inventories
    March 25, 2014

    Madison’s Lumber Reporter

  • Mass Timber Building

    United States Secretary of Agriculture Tom Vilsack Tuesday announced a US$1 million program to be implemented by the US Department of Agriculture (USDA) Forest Service in partnership with the Wood Products Council’s WoodWorks initiative, according to a USDA press release this week. The initiative will provide training for architects, engineers and builders related to the…

    Read more: Mass Timber Building
    March 25, 2014

    Madison’s Lumber Reporter

  • ATA Trucking Index

    The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8 per cent in February, after plunging 4.5 per cent the previous month. January’s drop was slightly more than the 4.3 per cent reported on February 19. In February, the index equaled 127.6 (2000=100) versus 124.1 in January. The all-time high was in…

    Read more: ATA Trucking Index
    March 25, 2014

    Madison’s Lumber Reporter

  • FSC Adds

    The Forest Stewardship Council has added the concept of free, prior, and informed consent to its forest management standards around the world. “FSC has embraced the UN Declaration (on Rights of Indigenous Peoples) and that concept of free, prior and informed consent,” said Peggy Smith, Lakehead University associate professor and member of Forest Stewardship Council…

    Read more: FSC Adds
    March 25, 2014

    Madison’s Lumber Reporter

  • Universal Purchases

    Universal Forest Products, out of Grand Rapids, MI, Monday announced that one of its subsidiaries has purchased certain assets of Container Systems Inc (CSI), a manufacturer of crates and containers for industrial applications and the moving-and-storage industry, located in Franklinton, NC. The transaction closed on March 14, 2014. CSI produces a full line of moving…

    Read more: Universal Purchases
    March 25, 2014

    Madison’s Lumber Reporter

  • New Forestry Plan, New Brunswick: Irving Invests

    In obviously related news, JD Irving announced Friday two more major investments in its forestry operations, pledging to pump a total of $38 million into sawmill operations in Chipman, NB, and a centre in Doaktown. The announcements followed Thursday’s commitment by the New Brunswick government to increase the allocation of softwood the forest industry will…

    Read more: New Forestry Plan, New Brunswick: Irving Invests
    March 18, 2014

    Madison’s Lumber Reporter

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Madison's Lumber Reporter

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