North America - Page 4
Stay up to date with the news updates from North America.
Weyerhaeuser and Plum Creek announce mammoth US timber sector merger
US timber and forestry giants Weyerhaeuser and Plum Creek will merge to create a US$23bn company.
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
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.
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
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.
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
An annual sawmill directory will be published in TTJ, starting this November.
An annual sawmill directory will be published in TTJ, starting this November.
USNR acquires Söderhamn Eriksson
USNR has acquired Söderhamn Eriksson in a move that cements the former’s leading position in the sawmilling technology sector.
USNR has acquired Söderhamn Eriksson in a move that cements the former’s leading position in the sawmilling technology sector.
US hardwood flooring giant facing Lacey Act pressure
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).
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
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.
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
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 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
Norbord and Ainsworth Lumber have signed an agreement to merge, creating one of the largest OSB manufacturers in the world.
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
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.
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
North American softwood lumber exports to offshore destinations fell in the third quarter as Chinese demand waned and domestic demand strengthened.
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
US interest in cross-laminated timber (CLT) continues to grow, with two manufacturers announcing expansion plans.
US interest in cross-laminated timber (CLT) continues to grow, with two manufacturers announcing expansion plans.
Slower US housing recovery dents Norbord group profits
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.
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
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.
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
The US has achieved record exports of southern pine to China under a government agency funded promotion to boost sales.
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
A riverside park in New York decked in Kebony modified wood has won a category award at the American Society of Landscape Architects Awards.
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
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.
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
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.
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
Earnings at Plum Creek were lower in the first half of the year despite a 30% boost in operating income from its timber operations.
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
Norbord’s European operations continue to operate at record production levels and profits are remaining strong, according to the company’s latest financial update.
Norbord’s European operations continue to operate at record production levels and profits are remaining strong, according to the company’s latest financial update.
