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Relentless home-renovation boom sends lumber prices to record

by Working Forest | Feb 19, 2021 | Archive Articles, Articles

BNN BLOOMBERG — The relentless rise in lumber prices shows no signs of abating as the pandemic keeps people at home, spurring a home-renovation boom. Lumber futures climbed to a record US$1,004.90 per 1,000 board feet Thursday, rising for the eighth session in...

Rockshield Engineered Wood Products ULC announces restructuring proceedings

by Working Forest | Feb 19, 2021 | Archive Articles, Articles

COCHRANE, ONTARIO, TIMMINSPRESS.COM – On February 8, 2021, Rockshield Engineered Wood Products ULC announced that it had commenced restructuring proceedings to restructure its business and financial affairs. Rockshield operates a premium hardwood core plywood...

British firm to buy Pinnacle Renewable

by Working Forest | Feb 18, 2021 | Archive Articles, Articles

A British-based bio-energy company has reached a deal to buy Pinnacle Renewable Energy which owns half of the Houston pellet plant. The deal will see the Drax Group spend $831 million for Pinnacle’s shares and assumption of its net debts. Pinnacle is the...

Husqvarna launches the MADSAW

by Working Forest | Feb 17, 2021 | Archive Articles, Articles

MISSISSAUGA, ON and CHARLOTTE, N.C. – Husqvarna has set a new standard for professional pole saws with the launch of its latest industry-first innovation – the 525DEPS MADSAW. MAD is a commonly used industry term, an acronym for...

Ian Rankin shows strong support for forest management

by Working Forest | Feb 17, 2021 | Archive Articles, Articles

CAPEBRETONPOST.COM — Nova Scotia’s new premier-designate Iain Rankin has indicated strong support for forestry management and for green policies. He is developing an economic recovery policy model framed around the environment. Rankin has promised to...
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