-
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…
-
Terrace Log Storage Yard Cleared Out
A Chinese-owned forest company has now moved all of its logs from a city-of-Terrace-owned property and has cleared the site in northern BC, according to the Terrace Standard Tuesday. YaoRun Wood Company began leasing the approximately 20 acres from the city in early 2013 for $10,000 a month, storing logs there until they could be…
-
Sawmill Fire
Fire 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…
-
Weyerhaeuser Invests
Weyerhaeuser 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.
-
Canfor, Canfor Pulp Report
Canfor 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…
