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September 2014 Lumber Sales Fizzle; Prices Stable over 2013
North American dimension lumber sales fizzled through September, to the great disappointment of solid wood traders looking for increased demand during great home building weather. Prices on most lumber and panel commodities maintained relatively level while some specialty items lost ground. Perhaps most importantly, prices generally were stable over this time last year. Producers reported…
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September 2014 Lumber Sales Fizzle; Prices Stable over 2013
North American dimension lumber sales fizzled through September, to the great disappointment of solid wood traders looking for increased demand during great home building weather. Prices on most lumber and panel commodities maintained relatively level while some specialty items lost ground. Perhaps most importantly, prices generally were stable over this time last year. Producers reported…
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Mattawa Sawmill Sold
A shuttered former Tembec sawmill in Mattawa, ON, has been sold to a southern Ontario green-tech startup company, according to Northern Ontario Business Friday. The Mattawa-Bonfield Economic Development Corporation (MBEDC) announced that the BioNorth Technology Group acquired the 187-acre mill property in August. The company needs a minimum of 50,000 cubic metres of fibre annually…
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Maibec Invests
Maibec Inc, out of Levis, QC, has invested more than $20 million in the upgrade of its lumber mill in St-Pamphile de l’Islet. The upgrade included the acquisition of high-tech, high-performance equipment that maibec says will enable it to optimize the use of resources while increasing agility in manufacturing value-added products for customers and improving…
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Southern Pine Lumber Exports: June 2014
USDA’s Foreign Agricultural Service reported Friday exports of Southern Pine to be approximately 41.2 million board feet (MMbf) during June 2014. This volume represents an increase of just 2 per cent above the same month last year. But collectively, the first half of this year has recorded a hefty increase of 22 per cent when…