West Fraser Timber Co. And Western Forest Products Inc. Are leading Canadian lumber producers to the biggest combined profit since 2006 as mills run at five-year highs to feed a U. S. Housing rebound and near-record Chinese demand. Lumber ...
Tags: market view, lumber
Weyerhaeuser Co., one of the industry’s largest supplier of wood products, reported net sales from continuing operations of $1.8 billion for its second fiscal quarter, a 12.5% increase over net sales from continuing operations of $1.6 ...
Tags: market view, Wood products
Cemex proposed on Monday to refinance debt due in 2014 as the Mexican cement maker tries to stem heavy losses triggered by the U. S. Housing crisis, and its shares rose more than 5 percent. The company said in a statement that it would ...
Tags: market view, cement
Led by British Columbia, Canada emerged as the largest exporter of lumber in the world to China in 2011, surpassing Russia as the Middle Kingdom's No. 1 source for lumber. "We are king of the hill, " Gerry Van Leeuwen, of the Vancouver ...
Tags: market view, lumber
Over the past decade, China’s fast expanding economy and boom in housing starts lifted the country to being the world’s largest importer of sawlogs and the second largest importer of softwood lumber, after the U. S. China has ...
Tags: industry trends, log, lumber
Northern Minnesota’s logging industry is suffering along with the rest of the national wood products industry, but leaders of trade groups say loggers who’ve held on so far are likely to survive. Since the downward trend started ...
Tags: market view, timber
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
U. S. And Canada are prepared to extend a shaky softwood lumber trade agreement put in place seven years ago to benefit local mills, a U. S. Lumber lobbyist said Thursday in Longview. If approved, both sides will revisit the contract in ...
Tags: market view, timber, trade agreement
Machinery stocks may outperform the market through the end of the year as new orders rebound, helping to defy concerns about another U. S. Recession. American manufacturers booked $32.6 billion in new orders for machinery equipment in ...
Tags: industry trends, Machinery
West Coast log and lumber exports in the first nine months of the year already have surpassed exports for all of 2010, largely because of Chinese demand, the U. S. Forest Service reported Monday. Along the entire West Coast, log exports ...
Tags: market view, lumber
MONTREAL - Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million. The Montreal-based ...
Tags: market view
It is said that the next two years, the domestic architectural hardware products will also move toward intelligent, humane development. The international metal market dynamics, developed countries have low-grade products to accelerate the ...
Tags: Industry Trends, hand tool