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Universal Purchases
Universal Forest Products, out of Grand Rapids, MI, Monday announced that one of its subsidiaries has purchased certain assets of Container Systems Inc (CSI), a manufacturer of crates and containers for industrial applications and the moving-and-storage industry, located in Franklinton, NC. The transaction closed on March 14, 2014. CSI produces a full line of moving…
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Canadian National Won’t Move Lumber Until Backlog Clears
Note – the embargo refers to shipments to the west coast http://online.wsj.com/news/articles/SB10001424052702303546204579435050770568642?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303546204579435050770568642.html Canadian National Won’t Move Lumber Until Backlog Clears Railway’s Notice Comes as Port Strike Worsens Delays Caused by Railcar Shortage Canadian National Railway Co. told British Columbia wood and pulp producers it will stop moving products to Pacific Coast loading facilities until a…
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Canfor Sells
Canfor Corp said this week it has an agreement to sell the Daaquam sawmill in Saint-Just-de-Bretenières, QC in a deal worth $25 million. The deal with Groupe Lebel and others is expected to close by the end of March, Canfor said in a release on Friday. The Daaquam mill produced 120 million board feet of…
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US Log and Lumber Exports 2013 : Up by 20%
THE BELOW HAS JUST BEEN RELEASED BY U.S. Forest Service | Pacific Northwest Research Station: West coast log and lumber exports increased by 20 percent in 2013 Chinese demand fueled growth, year-end analysis finds PORTLAND, Ore. February 21, 2014—Log and lumber exports from Washington, Oregon, northern California, and Alaska increased by 20 percent in volume…
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Advanced Wood Products Manufacturing
Recent amendments to the Building Code of Australia, which permit the use of fire and acoustic rated timber construction systems for three-storey Class 3 buildings, will help promote more opportunities for traditional wood framing and engineered timbers in commercial and multi-residential developments, according to Sourceable February 7. Set to take effect in May, the amendment…
