Hardwood Publishing recently released the updated Leading Hardwood Demand Indicator (LHDI), a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets.
Simpson Lumber is for sale. The privately held business has lumber operations in Tacoma, Longview, and Shelton, WA; and plants in Georgetown, SC and Meldrim, GA, plus a door-making operation in McCleary, WA.
Some $63 million in Eucalyptus woodEucaplyptuschips were bought by Armco Metals Holdings' (NYSE MKT: AMCO) China subsidiary in a trial deal. Importation of woodchips by China surged and in 2013 China became the largest chip importer.