North America - Page 3
Stay up to date with the news updates from North America.
Norbord’s UK and German markets still “strong”
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.
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
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).
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
Canada has criticised the US government’s decision to impose countervailing duties of up to 24% on Canadian softwood lumber entering the US.
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
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.
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
US lumber markets are seeing some major price volatility, according to market research company International Wood Markets Group Inc.
US lumber markets are seeing some major price volatility, according to market research company International Wood Markets Group Inc.
Norbord boosts earnings in 2016
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.
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
The upward trend of global softwood lumber prices is charted in the latest market update from Wood Resource Quarterly.
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
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.
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
Wood-based panels producer Norbord says business fundamentals remain positive in spite of uncertainty caused by the UK’s Brexit vote.
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
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.
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
Panel producer Norbord has reported adjusted EBITDA of US$61m for Q1, 2016 - US$45m higher than the same period last year.
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
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.
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
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.
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
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.
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
US hardwood will feature at a London trade fair aimed at architects and designers this month.
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
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.
