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...
