This year ended with lumber prices wavering around what can be considered the “new normal,” according to the latest Madison's Lumber Reporter.

IWPA Advocates for Trade in Wood Products at CITES CoP 19 Meeting in Panama City, Panama. The International Wood Products Association outlines key principles when considering proposals to regulate trade in key timber species.

Interfor, the largest Canadian lumber producer, has cut lumber production by 17%, which equals approximately 200 million board feetin response to slowing demand.

TAL Holdings, a family-owned company that operates building material centers in the Pacific Northwest, has agreed to acquire Miller’s Home Center with four locations in Baker City and La Grande, Oregon, as well as a cabinet manufacturing facility and a truss production facility in Oregon.

Construction firms from Japan and Australia have started work on a 182-meter-high skyscraper in central Sydney in a collaboration to build what will be the world's tallest hybrid-timber building using an eco-friendly wood product.

PHOENIX, Ill. -- Sterling Structural, a division of Sterling Site Access Solutions, LLC, announced its cross-laminated timber (CLT) product line, sold under the TerraLam trade name, has been certified to the PRG 320 – 2019 (PRG 320) performance standard by the International Code Council – Evaluation Service (ICC-ES).

SPRINGFIELD, Ore. – The July 25 fire that raged through the Timber Products particleboard mill is being assessed to determine if future operations will be possible at the site. Until then, the Sutter Creek, Calif., facility will remain closed.  Timber Products said it is investigating the damage to the site to assess its options moving forward.

Canfor Corporation plans to invest approximately $210 million to build a new, state-of-the-art sawmill complex in southern Alabama. The new facility, anticipated to open in 2024, will replace a mill in Mobile, Ala..

Mercer International Inc., a global producer of market pulp and solid wood products with mills in Canada, Germany, and Australia has agreed to acquire all of the outstanding shares of the parent company of HIT for consideration of €270 million (approx. $275.4 million).

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