North America - Page 3

Stay up to date with the news updates from North America.

US hardwood flooring giant facing Lacey Act pressure
Thursday, February 26, 2015 US hardwood flooring retailing giant Lumber Liquidators is potentially facing criminal charges under the Lacey Act for importing illegally harvested wood, according to a new filing by the US Securities and Exchange Commission (SEC).
Northwest Hardwoods completes ITL acquisition
Wednesday, February 25, 2015 Northwest Hardwoods (NWH) Inc has completed the acquisition of Industrial Timber & Lumber Company (ITL) in what is a major deal in the US hardwood industry.
Norbord results hit by lower OSB prices
Friday, January 30, 2015 Norbord has reported earnings before interest, tax, depreciation and amortisation (EBITDA) of US$90m in 2014, compared to US$287m in the previous year.
Norbord and Ainsworth to merge
Tuesday, December 09, 2014 Norbord and Ainsworth Lumber have signed an agreement to merge, creating one of the largest OSB manufacturers in the world.
US waits for housing uplift
Monday, November 17, 2014 A slower than forecast recovery in the North American housing sector continued to dampen earnings among some of the continent’s largest forestry and timber products companies.
North American softwood exports slow in Q3
Friday, November 14, 2014 North American softwood lumber exports to offshore destinations fell in the third quarter as Chinese demand waned and domestic demand strengthened.
CLT production grows in US
Friday, November 14, 2014 US interest in cross-laminated timber (CLT) continues to grow, with two manufacturers announcing expansion plans.
Slower US housing recovery dents Norbord group profits
Monday, November 10, 2014 A slower than forecast recovery in the North American housing sector reduced Norbord’s earnings in the third quarter but the panel manufacturer remains optimistic for prospects in 2015.
Wood pellet producers look east
Monday, November 03, 2014 Wood pellet exports to Europe from North America reached a plateau at the beginning of the year and have started to decline, according to the North American Wood Fibre Review.
US boosts southern pine sales to China
Monday, November 03, 2014 The US has achieved record exports of southern pine to China under a government agency funded promotion to boost sales.
Kebony features in US award
Wednesday, October 15, 2014 A riverside park in New York decked in Kebony modified wood has won a category award at the American Society of Landscape Architects Awards.
KD edging out green
Friday, August 29, 2014 Traders in the US report a swing toward green Douglas fir rather than dry stock in the face of rising freight costs, according to newsletter Random Lengths.
US companies stumped by slower growth
Monday, August 11, 2014 Forest products giant Weyerhaeuser managed a 28% increase in earnings from its operational activities, but a small increase in sales during the second quarter failed to impress investors.
Land sales hit Plum Creek profits
Saturday, August 09, 2014 Earnings at Plum Creek were lower in the first half of the year despite a 30% boost in operating income from its timber operations.
Norbord’s European mills continue to prosper
Friday, August 08, 2014 Norbord’s European operations continue to operate at record production levels and profits are remaining strong, according to the company’s latest financial update.
Deltic Timber weathers storm
Friday, August 08, 2014 Deltic Timber, the US lumber company with mills in Arkansas and Louisiana, posted net income for the second quarter largely unchanged after accounting for gains from the acquisition of an MDF plant.
Lower prices impact West Fraser results
Friday, July 18, 2014 West Fraser Timber has reported little change in its lumber operations’ EBITDA earnings for the second quarter.
China’s woodworking machinery exports rise
Thursday, July 17, 2014 The total value of China’s woodworking machinery exports increased by 3% in 2013 to US$2.31bn.
Plum Creek plant resumes production
Saturday, July 12, 2014 Production has resumed at Plum Creek’s MDF plant in Columbia Falls, Montana, which was hit by fire on June 10.
Plum Creek suspends MDF production following fire
Friday, June 13, 2014 Plum Creek Timber Co’s MDF plant in Columbia Falls, Montana, which suffered two dust explosions and a fire this week, could be up and running again in month.

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