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Latest Industry News In North America

Final decision on US-Canada softwood lumber dispute favours US
08 December, 2017
A final ruling in the US-Canada softwood lumber dispute has seen the United States International Trade Commission (USITC) uphold tariffs on Canadian softwood imports to the US.
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Norbord’s UK and German markets still “strong”
Monday, July 31, 2017 Panel maker Norbord’s European operations delivered second quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of US$9m (€7.7m) versus US$11m (€9.4m) in the same quarter last year and $6m (€5.1m) in the prior quarter.
US predicted to import more wood from Europe
Thursday, May 04, 2017 Increased European lumber exports to the US are being widely predicted this year due to a combination of soaring US lumber prices and Canadian lumber exports being hit with new import tariffs on the American border, says Wood Resource Quarterly (WRQ).
Canada says American lumber duties will hit Canadian timber jobs and US consumers
Tuesday, May 02, 2017 Canada has criticised the US government’s decision to impose countervailing duties of up to 24% on Canadian softwood lumber entering the US.
EU plywood imports rise to near record level
Tuesday, April 18, 2017 EU imports of plywood increased by 8% to 4.13 million m3 in 2016, the second highest level ever recorded, according to the International Tropical Timber Organisation’s latest market report.
US lumber markets price volatility
Wednesday, February 22, 2017 US lumber markets are seeing some major price volatility, according to market research company International Wood Markets Group Inc.
Norbord boosts earnings in 2016
Friday, February 03, 2017 Panel production giant Norbord has reported 2016 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $383m – a more than threefold increase over 2015.
Report details global softwood lumber price growth
Friday, October 07, 2016 The upward trend of global softwood lumber prices is charted in the latest market update from Wood Resource Quarterly.
SCA partnership improves timber package quality for US DIY retailing giant
Tuesday, September 06, 2016 SCA Timber has partnered with engineering company Nyland Design to provide timber packages to US home improvement retailer Home Depot which are wrapped on all six sides.
Norbord positive on business prospects in spite of Brexit
Tuesday, July 26, 2016 Wood-based panels producer Norbord says business fundamentals remain positive in spite of uncertainty caused by the UK’s Brexit vote.
Boise Cascade reports Q1 net income of US$5m
Wednesday, June 08, 2016 Boise Cascade, one of the largest producers of plywood and engineered wood products in North America has reported net income of US$5m on sales of US$880.7m for the first quarter.
OSB price growth boosts Norbord Q1 results
Wednesday, May 04, 2016 Panel producer Norbord has reported adjusted EBITDA of US$61m for Q1, 2016 - US$45m higher than the same period last year.
US engineered wood giant gets green light on acquisition
Tuesday, March 22, 2016 US engineered wood products manufacturer Boise Cascade has received competition authority clearance to proceed with its previously announced US$215m acquisition of Georgia-Pacific LLC’s engineered lumber production facilities.
Weyerhaeuser shareholders approve pending merger with Plum Creek
Wednesday, February 17, 2016 One of the biggest timber company mergers in North America has taken a step nearer following Weyerhaeuser shareholders’ approval of a deal to merge with Plum Creek.
LP expands FlameBlock OSB capacity
Thursday, January 14, 2016 Louisiana-Pacific has broken ground on a project that will add a FlameBlock fire-rated OSB Sheathing line at its OSB mill in Clarke County, Alabama.
US hardwood at London architects fair
Friday, January 08, 2016 US hardwood will feature at a London trade fair aimed at architects and designers this month.
Weyerhaeuser and Plum Creek announce mammoth US timber sector merger
Monday, November 09, 2015 US timber and forestry giants Weyerhaeuser and Plum Creek will merge to create a US$23bn company.
US hardwood flooring retailer to pay US$10m in penalties
Monday, October 12, 2015 Lumber Liquidators, the largest hardwood flooring retailer in the US, will pay more than US$10m in penalties to the Department of Justice after pleading guilty to violations of the Lacey Act which governs the import of timber products.
Global sawlog prices hit low levels in Q2
Monday, October 05, 2015 The Global Sawlog Price Index (GSPI) fell in the second quarter to its lowest level in six years, according to industry bulletin the Wood Resource Quarterly.
TTJ to feature sawmill directory
Wednesday, September 16, 2015 An annual sawmill directory will be published in TTJ, starting this November.
USNR acquires Söderhamn Eriksson
Thursday, March 26, 2015 USNR has acquired Söderhamn Eriksson in a move that cements the former’s leading position in the sawmilling technology sector.

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