Southern Yellow Pine lumber prices increased 12.5 percent in March, says Forest2Market’s weekly lumber market report.

Stanley Furniture won approval for financial incentives to relocate headquarters to High Point, NC. State and county aid are also on the table for a January 2013 relocation from Stanleytown, VA, with two other sites also in the running.

Canfor said it has completed the acquisition of the Tembec Industries Ltd.'s southern British Columbia interior wood products assets. The $60 million deal includes Tembec's Elko and Canal Flats sawmills and approximately 1.1 million cubic meters of combined Crown, private land and contract annual allowable cut.

Cabinet refacer U.S. Home Systems says 2011 revenue rose 18 percent to $146.9 million, while net income more than doubled to $4.7 million, up 123 percent from 2010. It is testing a kitchen replacement line with Home Depot.

Graco Inc. closed April 2 on its $650 million acquisition of Illinois Tool Works' finishing businesses of Binks, DeVilbiss, Ransberg, BGK and Gema.

Support has been strong for the final Planning Rule for America's 193-million acre National Forest System.The new rule by the U.S. Department of Agriculture applies to management of 155 national forests and grasslands and provides stronger protections for forests, water and wildlife than were in place under the 1982 rule.

New or remodel construction projects for all government projects begun after March 15 must now comply with the 2010 American with Disibilities Act standards.

Preliminary figures released last month by Acimall show sales of Italian woodworking machinery decreased in the fourth quarter of 2011.

Wood-flooring and forestry firm Sino-Forest bankruptcy filing; files $4 billion defamation suit against financial analysts

HENRY COUNTY, VA - The former Bassett Furniture Superior Line plant, undergoing demolition, was destroyed in a fire that started early last Thursday evening.