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BC’s Forest Ministry Seeks Comments
Read more: BC’s Forest Ministry Seeks CommentsThe Ministry of Forests, Lands and Natural Resource Operations is proposing to establish the areas, almost 18,000 hectares in total, along Toba and Jervis Inlets near Powell River and on parts of the Sechelt Peninsula. Foresters are asking for the public’s thoughts on setting aside parcels of old growth trees along the Sunshine Coast to…
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Conifex Announces . . . .
Read more: Conifex Announces . . . .Conifex Timber has entered into a definitive purchase agreement to acquire Lignum Forest Products, a private partnership which operates a lumber marketing and distribution business, for approximately $4 million, the company announced Monday. Conifex intends to fund the transaction from its existing available cash. Lignum operates its forestry and lumber distribution business in BC, providing…
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COFI Announces . . .
Read more: COFI Announces . . .The Council of Forest Industries (COFI), out of Vancouver, BC, is pleased to announce the dates for Western Canada’s premier forest sector convention – April 2 & 3, 2014 in Kelowna, BC. This annual convention traditionally attracts over 400 delegates representing senior industry, government and customer representatives as well as elected officials from, local, provincial…
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Lumber Market Outlook 2014
Read more: Lumber Market Outlook 2014Players not directly involved in forest products jumped for joy this week on seeing US housing starts solidly at more than 1 million annualized for 2013. It is now apparent to all that building in America has absolutely recovered from the terrible crash of 2006-2010. Forest industry players have known the outlook is positive since…
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Steelworkers Ratify
Read more: Steelworkers RatifyUnited Steelworkers members employed by Interior Forest Labour Relations Association (IFLRA) member companies in the BC southern interior have ratified a five-year collective agreement, affecting Ainsworth, Tolko, and Weyerhaeuser, among others. The BC Interior Bargaining Committee will bring the pattern deal to the northern interior when they continue negotiations in the new year with West…
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BC Lumber Exports Jan – Oct 2013 Break Records
Read more: BC Lumber Exports Jan – Oct 2013 Break RecordsThe value of BC’s softwood lumber exports for the first 10 months of 2013 have broken a new record, Forests Minister Steve Thomson announced December 13. To the end of October 2013, the value of total softwood lumber exports to China reached $1.17 billion — exceeding the previous record set in 2011 when softwood lumber…
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US Housing Starts and Home Sales, November
Read more: US Housing Starts and Home Sales, NovemberBuilders broke ground on more homes in November than at any time in over five years as growing demand helped the industry overcome rising US mortgage rates. Housing starts jumped 22.7 per cent to a 1.09 million annualized rate, the most since February 2008, data from the Commerce Department showed Wednesday. Permits for future projects…
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Canfor Expands
Read more: Canfor ExpandsDue to increased global demand for southern yellow pine lumber, Canfor Southern Pine is expanding its existing operations in Darlington County, SC, the company announced Wednesday. The US$8 million investment is expected to generate 50 new jobs through the addition of a second shift at the manufacturing facility. Canfor’s Darlington facility manufactures southern yellow pine…
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Stikine Plans New Mill
Read more: Stikine Plans New MillStikine River Forest Products announced Monday evening plans to build a mill in Petersburg, AK, according to the Petersburg Pilot. Owner John Glenn said he has located a piece of property near the airport that exists within industrial zoning and has power and water connections. Construction of the mill would be done in two phases.…
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Illegal Timber Harvesting
Read more: Illegal Timber HarvestingIllegal Timber Harvesting Fast on the heels of the US Lacey Act and Europe’s EUTR legislation prohibiting the import of illegally harvested timber, this week Australia officially approved it’s own similar law. Australia’s parliament on Monday passed legislation to ban the import and trade of illegally logged timber, joining the United States and European Union…
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Madison’s Timber Preview
Read more: Madison’s Timber PreviewThis week’s issue of Madison’s Timber Preview examines the latest data on US mortgage rules, mortgage insurance, federal penalties to banks, and financial results of lender companies. Contact us any time for this worthwhile and timely information!
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CN Rail Labour Contract Talks Stall
Read more: CN Rail Labour Contract Talks StallCanada’s government is closely monitoring a dispute between the railway workers’ union and Canadian National Railway, and is urging both parties to continue talking, a spokesperson for Labour Minister Kellie Leitch said on Tuesday. The Teamsters said Monday that talks had broken down, raising the possibility of a strike or a lockout at the country’s…
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UK Timber Shortage
Read more: UK Timber ShortageThe “Grown in Britain” campaign this week launched a report detailing proposals to boost Britain’s domestic forest industry. The construction industry was hoping that the report would contain suggestions for increasing the amount of British-grown timber available for new buildings, said The Economist Thursday. But the report merely suggests that there is a need for…
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US Builder Confidence : October 2013
Read more: US Builder Confidence : October 2013The National Association of Home Builders/Wells Fargo housing-market index fell to 55 in October, from 57 in September, the NAHB reported Wednesday. A prior September estimate pegged the level at 58, which matched the highest reading since 2005. Results above 50 signal that builders, generally, are optimistic about sales trends. “Interest rates remain near historic…
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Oregon’s Forestry Employment
Read more: Oregon’s Forestry EmploymentA recent report of labour trends on Oregon’s South Coast showed a rise in payroll employment across several industries, but one industry that’s seen a great rebound since the recession is the wood product manufacturing industry, said KCBY October 11. An Oregon Employment Department Report shows wood manufacturing jobs in Coos County have grown by…
