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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.
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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…
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Oregon Plywood Mill Burns Down, 250 jobs lost
Swanson Group’s Oregon plywood mill burned down Fri: 250 jobs, 15 million square feet monthly production gone. Plywood product mix was 60% for housing, 40% industrials. “In addition to its Glendale plywood and veneer plant, Swanson also has a sawmill in Glendale and a stud mill in Roseburg. Of the 7 million feet of plywood…
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Lumber sector grapples with epic wildfires and melting highways
Traders of solid wood products reported slightly slower sales this week, however expressed surprise that the usually slow-down month of July started off with such strong volumes. Sawmills will embark on regular seasonal and maintenance curtailments over the next four weeks. Prices on most dimension lumber and panel items remained mostly flat this week, with…
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Lumber sector grapples with epic wildfires and melting highways
Traders of solid wood products reported slightly slower sales this week, however expressed surprise that the usually slow-down month of July started off with such strong volumes. Sawmills will embark on regular seasonal and maintenance curtailments over the next four weeks. Prices on most dimension lumber and panel items remained mostly flat this week, with…
