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Upper Canada Forest Expands with New Edmonton Facility

Posted by Bill Esler | Posted: 07/16/2014 10:05AM

Upper Canada Forest Group expanded a LEED-certified warehouse in Edmonton, Alberta. Since its 1999 start in Calgary, Upper Canada Forest Products has grown its presence in the area, acquiring Reimer Hardwoods and Cambium Forest Products.


Record-Setting May U.S. Hardwood Exports, Red Oak Prices Soften

By Andy Johnson Posted: 07/15/2014 9:49AM

U.S. hardwood export volumes and values spiked up to 18% and 33% respectively in first five months of 2014. However, prices slowed in June with red oak availability and price softening a contributing factor.


CatchMark Adds Timber Acreage for $106 Million

Posted by Karen Koenig | Posted: 07/14/2014 9:30AM

Timber management firm CatchMark Timber Trust Inc. will add 55,671 acres of prime timberlands to its portfolio through two separate transactions totaling $106 million.


Ash Borers Declare Victory Over U.S. Forests

By Bill Esler Posted: 07/11/2014 1:53PM

Emerald Ash Borers are likely to kill 99 percent of the U.S. ash wood trees, says the U.S. Forest Service. The super cold winter did not even slow the insects. Infested areas have been quarantined in 22 states.




ScotiaBank Forest Products Pricing Index Edged Up in May 2014

Posted by Bill Esler | Posted: 07/11/2014 9:37AM

ScotiaBank says its Forest Products Index edged up in May 2014 as Western Spruce, Pine and Fir and OSB panel rose, then fell back in June. Lumber and panel buyers exercised caution as housing start growth slowed.


Sierra Pacific To Acquire Hurd Windows, Superseal Windows & Doors

By Bill Esler Posted: 07/08/2014 8:32AM

Forest products giant Sierra Pacific Industries will purchase Hurd Windows and Superseal Windows and Doors from Longroad Asset Management Sierra Pacific is the largest millwork and second largest U.S. lumber firm.


Lumber Supply Could Be Impacted by British Columbia Land Ruling

Posted Michaelle Bradford | Posted: 07/07/2014 1:41PM

North American lumber supplies and prices could be affected by the ruling of the Supreme Court of Canada granting the Tsilhqot'in First Nation title claim on land in British Columbia.


Teak Wood Prices Jump as Myanmar Exports Are Reduced

By Bob Steber Posted: 07/05/2014 2:10PM

Teak wood exports are being restricted as the Myanmar Government transfers operations from a government business to private enterprise. Only 20% of the volume is to be exported compared to last year with prices rising significantly.


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