VANCOUVER, BC - Canfor said it has completed the acquisition of the Tembec Industries Ltd. 's southern British Columbia interior wood products assets. The $60 million deal, first announced Nov. 28, 2011, includes Tembec's Elko and Canal ...
Tags: market view, lumber
Weyerhaeuser will soon produce JAS-certified OSB material for export to Japan. OSB (oriented strand board) panels are used in both residential and commercial construction in Japan, as wall and roof sheathing and as structural flooring ...
Tags: market view, OSB, export
Bearish outlook due to sluggish American and EU economies and financial woes Despite the European debt crisis, anemic American economic recovery, and disrupted car-making and PC sector after the earthquake in Japan last March, ...
Tags: Market View, Fastener
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction rose 0.2% in December after no change in November. The index was up 3.6% on a ...
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction was unchanged in January after rising 0.1% in December. The index was up 3.1% on a ...
Tags: News Update, Market View, Construction Material, Price
U. S. Timber and lumber sales have taken a major hit as a result of the housing bubble collapse and the economic recession that began in 2008, says James Henderson, and while there has been a glimmer of improvement in the market — ...
Tags: market view, timber, housing
Wright Express Corp., a provider of value-based business payment processing and information management solutions, in collaboration with IHS, a global source of information and analysis, has released results of its Wright Express ...
Tags: market view, construction industry
The advantages of solar power are far-reaching. Although solar power is a relatively new energy source, it may easily become the most important energy source of the future. This is because of the many advantages of solar power: •Solar ...
Demand for cutlery and hand tools collapsed in 2007, another casualty of the housing market crash. In 2010 and 2011, however, the industry was able to post revenue gains thanks to rising consumer spending and export demand. The industry has ...
Tags: Industry Trends, hand tool
Following a “rollercoaster” 2011, the components industry is forecasting moderate to good sales growth for 2012, from 3 to 10 percent or more, according to member surveys by the Wood Component Manufacturers Assn. (WCMA) and the ...
Tags: industry trends, wood Component
Business activity in the U. S. Cooled in January as orders and employment slowed, indicating last quarter’s pickup in growth will not be sustained into 2012. The Institute for Supply Management-Chicago Inc. Said today its business ...
OTTAWA - Canada and the United States have bought two extra years of relative peace on the lumber front. The two governments agreed Monday to extend the 2006 softwood lumber agreement by two years to October 2015 with no modifications to ...
Tags: market view, softwood, lumber
Recent housing data suggests that 2012 may be the year of turnaround in the housing markets. While a healthy recovery for the markets still seems far away, the prices are now bottoming out. As a result of improving sentiment, the home ...
Tags: industry trends, timber, ETF, housing
The Bureau of Labor Statistics (BLS) reported that the Producer Price Index (PPI) for materials and components used in construction was unchanged in November after rising 0.3% in October. The index was up 3.8% on a year-over-year basis, but ...
Local timber mills are climbing out of the recession, but it's going to be a sluggish trip, said Wade Mosby, vice president of Collins Products, a company that employs about 170 people in Klamath Falls. "We think it's not going to get any ...
Tags: market view, timber