News archive

Tag: lumber

Jeff Wirkkala appointed new president of National Hardwood Lumber Association

07-10-2020
National Hardwood Lumber Association, NHLA, management

Jeff Wirkkala of Hardwood Industries, Inc. in Sherwood, Oregon, has been appointed the new president of the National Hardwood Lumber Association at the NHLA On Demand Conference & Exhibition held on 22 September 2020. In his acceptance speech, Wirkkala said, “I am honored and excited to be your president for the next two years. …

binderholz Group wins auction of Klausner Lumber One; expands outside Europe for the first time

03-09-2020
Austria, binderholz Group, Klausner Lumber One, Auction, Acquisition

The Austrian binderholz Group, based in Fügen, purchased all assets of Klausner Lumber One LLC, based in Live Oak, Suwannee County, Florida, in the auction held on Friday, August 21, 2020. At the auction binderholz was able to prevail over Mercer Inc. and Mayr Melnhof Holz and was awarded the contract at USD 61.0 million. The transaction is …

World Trade Organization backs Canada in US softwood dispute

25-08-2020
United States, Canada, Dispute, Softwood, Lumber

The World Trade Organization (WTO) has ruled in favour of Canada in its challenge of the United States Department of Commerce’s 2017 subsidy determination against Canadian softwood lumber products. After a two-year review of the US Department of Commerce's findings with respect to countervailing duties, the WTO panel agreed with …

Global forest trade continues amid COVID-19 pandemic

13-07-2020
World, COVID-19, Lumber, Hardwood Chips

Wood Resources International (WRI) reports that although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the forest products industry has remained fairly strong. According to a recent WRI release, many commodity products saw reduced trade during March and April as a result of reduced demand, …

Softwood lumber in North America sees more stable prices even as inventories remain weak

18-06-2020
Madison lumber report, North America, softwood

After a wild ride down then up over the past few months, most standard construction framing dimension softwood lumber prices is stabilised last week, to levels both producers and customers are comfortable with. Inventories remain spotty as sawmill production is still constrained and buyers continue to look for highly specified loads only, …

Profit margins for lumber producers generally improved in 1Q 2020

05-06-2020
Global market, lumber, sawlog, 1Q 2020

The following report on the global sawlog and lumber market in 1Q 2020 is provided by Wood Resource Quarterly. Global Sawlog Market • There were relatively few price changes for sawlogs throughout the world in the 1Q/20 despite interruptions in trade and uncertainty in short-term lumber demand in many of the key markets. • The Global …

North American softwood lumber prices continue to rise

02-06-2020
Madison lumber report, North America, softwood, prices

Sawmills across North America looked toward the end of summer last week, as lumber prices continued to rise but sales volumes were unsteady. Lumber producers in the U.S. and Canada considered this current market strength as temporary, and were already making plans for seasonal slow-downs when summer draws to a close. Softwood lumber producers …

Lumber Liquidators appoints Charles E. Tyson as President and CEO

01-06-2020
Lumber Liquidators, new appointment, president, CEO

Lumber Liquidators announced that Charles E. Tyson has been named President and CEO, and has been appointed to the company's Board of Directors, effective May 27, 2020. Mr. Tyson was appointed Interim President and Principal Executive Officer on February 5, 2020. Mr. Tyson will report to the Board of Directors. Mr. Tyson joined the …

Japan’s Forest Agency projects on new housing starts and forestry industry

08-05-2020
Japan, Forestry Agent, new housing starts, log supply, lumber, import, exports,

The Forestry Agency held wood demand projection meeting on March 23. Average new housing starts forecasted by 12 private think tanks are 847,000 units and two think tanks forecasted less than 800,000 units. Major house builders also reported that orders are declining and it is general view that starts of detached unit would continue to be severed …

Freres Lumber launches new mass plywood panel beam and column line

24-04-2020
Freres Lumber, beam and column line, MPP, mass plywood panels, engineered wood

With its new MPP (Mass Plywood Panel) beam and column line up and running, Freres Lumber Co., Inc. is now able to provide a cost-competitive MPP solution for all structural elements of large-scale wood buildings. Freres’ column and beam line is currently APA certified up to a 12-inch width with a 72-inch depth, but has the ability to …

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News archive

Tag: lumber

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