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Madison’s 2Q 2014 Timber Industry Analysis and Projection
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Sawmill Fire
Fire broke out at Godfrey Lumber Yard in Statesville, NC, Thursday night. Local firefighters reported a large fire upon arriving at the scene, and say that several county fire departments were called in to assist with the blaze. The Sheriff’s Office says the fire reignited early Friday morning. It was an approximately 100-by-150-foot building which…
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Focus on lumber: Norbord (T.NBD) named as a top 25 dividend stock
June 20, 2014 MADISON’S WEEKLY LUMBER MARKET UPDATE AND OVERVIEW Provided by: Madison’s Lumber Reporter www.madisonsreport.com Near-panic among North America’s lumber and panel traders was narrowly averted this week as customers came in heavily to buy solid volumes of wood and the previously-tanking futures board reversed direction absolutely, wrote Keta Kosman in Madison’s Lumber Reporter…
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Focus on lumber: Norbord (T.NBD) named as a top 25 dividend stock
June 20, 2014 MADISON’S WEEKLY LUMBER MARKET UPDATE AND OVERVIEW Provided by: Madison’s Lumber Reporter www.madisonsreport.com Near-panic among North America’s lumber and panel traders was narrowly averted this week as customers came in heavily to buy solid volumes of wood and the previously-tanking futures board reversed direction absolutely, wrote Keta Kosman in Madison’s Lumber Reporter…
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Canfor Invests
Canfor will invest $30 million at its Polar facility in Bear Lake, north of Prince George, BC, to replace the existing sawmill and to produce higher-value products, company officials said Wednesday at the company’s annual general meeting in Prince George. Canfor will also pump $6 million into its Fort St. John sawmill’s log yard stabilization…
