Conifex Timber Inc. has entered into a definitive purchase agreement to acquire Lignum Forest Products LLP for approximately $4 million. The transaction is expected to close by the end of January.

The first half 2013 was not easy for the woodworking technology and wood-based materials industry.

Timber giant Weyerhaeuser is said to be close to inking a deal for its house building unit with Tri Pointe Homes for $2.7 billion.

Higher lumber consumption in the US has resulted in both increased domestic production and a rise in importation of lumber in 2013, reports the Wood Resource Quarterly. Total production in North America was up almost seven percent from January through July this year compared to 2012, and imports from Canada and overseas jumped 18% during the same period.

ICTB 2013 follows up its inaugural timber bridge expo with a show in Vegas.

One of the world's largest private timberland owners and lumber producers, Weyerhaeuser looks to get even bigger following news of a $2.65 billion acquisition and plant upgrades as it bolsters its core timber business for the growing housing boom.

Weyerhaeuser Company (NYSE: WY) announced June 17 that it intends to offer, subject to market and other conditions, 28,000,000 of its common shares in a registered public offering.

Weyerhaeuser Company intends to offer 10,000,000 of its Mandatory Convertible Preference Shares, Series A in a registered public offering, subject to market and other customary conditions.

Timberland owner Weyerhaeuser supports World Vision by donating more than $130,000 in lumber and oriented strand board (OSB) for flooring and roofing.

West Fraser Timber Co. Ltd. has reported earnings of $67 million on sales of $863 million in the first quarter of 2013. In the quarter, lumber operations generated operating earnings of $122 million and EBITDA of $146 million.