Archives: 2024

Will N. American lumber prices find a bottom?

The lumber market in North America, as we approach spring 2024, presents a nuanced picture. Despite recent declines in wood [...]
May 9, 2024 Latest Trends

New sawmill closure in U.S. highlights industry challenges

A North Idaho lumber mill is set to close this summer due to ongoing pressures faced by timber companies in [...]
May 9, 2024 Latest Trends

Softwood lumber is in high demand, says Finnish sawmill owner

Junnikkala's new export sawmill in Oulu will be trimmed into working condition during the spring. The major investment of [...]
May 8, 2024 Latest Trends

Canada: Slowdown in DIY home projects weakens lumber markets

A slowdown in home repair and remodelling projects has weakened lumber markets, the latest setback for Canadian sawmills struggling financially [...]
May 8, 2024 Latest Trends

U.S. to allow wood imports from Russia

The U.S. Treasury Department suddenly announced that it would allow U.S. companies to continue to conduct energy-related [...]
May 8, 2024 Latest Trends

James Jones & Sons to acquire pallet manufacturer in Australia

James Jones & Sons Ltd has announced the further expansion of its pallet manufacturing division in Australia, with the acquisition [...]
May 8, 2024 Latest Trends

Eight U.S. wood groups seek delay of EUDR

A consortium of eight U.S. wood-related trade groups signed a letter requesting the European Commission to push back [...]
May 7, 2024 Latest Trends

New timber price increases announced in Sweden

On 1 May, Sveaskog raised the prices of sawlogs and pulpwood in large parts of the country. All sawlog [...]
May 7, 2024 Latest Trends

Canfor lumber mill in Arkansas for $73 million

Canfor Corporation is announcing that it has entered into a purchase agreement with Resolute El Dorado Inc., an affiliate of [...]
May 7, 2024 Latest Trends

Roseburg to start up new MDF plant this summer

Roseburg Forest Products announces that construction of two new plants in Dillard, Oregon, is well underway. Dillard Components will [...]
May 7, 2024 Latest Trends