The US South was the highest margin sawmill region in North America – a place it has held since 2008 – as well as the top global earner again in 2016 and for the second quarter of 2017. All regions covered in the global sawmilling industry in 2016 and in 2017 showed good results; the average global earnings (EBITDA) at “average” sawmills actually dipped slightly from US$21/m3 (US$34/Mbf – nominal) in 2014 to US$18/m3 (US$29/Mbf) in 2016 but improved to US$24/m3 (US$39/Mbf) by 2017-Q2. ...
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