Walking across a yard near Philadelphia earlier this week, I had a twinge of nostalgia as I saw this bundle of Temple-Inland lumber. It may be the last one I ever see.

Georgia-Pacific adds a continuous dry kiln at its Dudley, NC., lumber operations in a $9 million launch of a multi-phase production capacity expansion. Driven by the housing recovery, a total $90 million investment is studied.

Weyerhaeuser Company (NYSE: WY) announced June 16 its board of directors has elected Doyle Simons, age 49, president and chief executive officer, effective August 1, 2013.

PPG's $1.05 billion acquisition Friday of AkzoNobel's North American architectural coatings business is the latest large-scale corporate transaction affecting the wood products manufacturing industry.

Georgia-Pacific today announced that it has reached an agreement to acquire the assets of the Temple-Inland Building Products business from International Paper Co.

International Paper (NYSE: IP) today announced that it has reached an agreement to sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash, subject to certain pre-and post-closing adjustments

International Paper will sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash. The transaction is expected to be completed in the first quarter of 2013.

The impending merger of International Paper Co. and Temple-Inland has been postponed for nearly a month, giving the U.S. Department of Justice more time to conclude its regulatory review.

MEMPHIS, Tenn., -- International Paper Company (NYSE: IP) and Temple-Inland Inc. (NYSE: TIN) today announced that they have agreed with the U.S. Department of Justice ("DOJ") to extend the review period for their pending merger until January 27, 2012.

International Paper will soon be back in the composite panel business following the overwhelming approval of a merger agreement by Temple-Inland stockholders.