by Working Forest | Jun 17, 2021 | Archive Articles, Articles
MADISON’S REPORT — The latest lumber production and sawmill capacity utilization rates data out of the Western Wood Products Association, for March 2021, shows improvements in both Canada and the US. As supply chain issues are resolved and more wood is...
by Working Forest | Jun 11, 2021 | Archive Articles, Articles
STATISTICS CANADA — Total investment in building construction increased 6.3% to $19.9 billion. Residential construction investment performed strongly in April, rising for a 12th consecutive month. In contrast, non-residential construction has not...
by Working Forest | Jun 11, 2021 | Archive Articles, Articles
Resolute Forest Products Inc. is spending $50 million to grow its lumber production after a U.S. housing boom sent demand soaring and lifted prices to record highs. The company is expanding capacity at sawmills in Ontario and Florida, it said in a statement...
by Working Forest | Jun 9, 2021 | Archive Articles, Articles
Vancouver, B.C. – West Fraser Timber Co. Ltd has announced an increase in the quarterly dividend to C$0.25 per share and an increase in the Company’s authorization to purchase up to 9,582,470 of its Common shares. Dividend Increase The Board of Directors of the...
by Working Forest | Jun 8, 2021 | Archive Articles, Articles
Vancouver, BC — Canfor Corporation has announced it will invest approximately $160 million USD to build a new, state-of-the-art sawmill near DeRidder, Louisiana. The Company is pleased to be receiving significant state and local incentives in support of the project....
by Working Forest | Jun 7, 2021 | Archive Articles, Articles
By Cheryl Mah THE REMI NETWORK, (Real Estate Management Network) — North America is experiencing a resurgence in the use of wood in construction with a particular interest in building taller with mass timber. “Obviously there’s a mass timber wave – some...
