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SYP Lumber Prices Hit New Record High

by Working Forest | Feb 22, 2021 | Archive Articles, Articles

FOREST2MARKET — Prices for North American softwood lumber continue to move ever higher as we cross the midway point of 1Q2021. Southern yellow pine (SYP) lumber prices set new records last month before temporarily dropping for three consecutive weeks. We’re now...

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...
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