News & Updates
U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. housing starts in August jumped 12.2% over July to an annual rate of 1.575 million, breaking a three month losing streak, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Get In Line
Following a pandemic-induced cancellation in 2020, the biennial Timber Processing & Energy Expo returns September 28-30 to the Portland Exposition Center in Portland, Ore. Hatton-Brown Expositions, an affiliate of Timber Processing magazine, has hosted the event since 2010…
TP&EE Includes Two Conferences
Timber Processing & Energy Expo, which will be held September 28-30 at the Portland Exposition Center in Portland, Ore., will include two conferences: Sawmill Productivity & Efficiency; and From Forest to Frame: Mass Timber Developments.
The seventh TP&EE will spotlight 150 machinery and technology exhibiting companies catering to the lumber and engineered wood products sectors. Held every other year, it was cancelled due to the pandemic in 2020…
Canfor To Build Greenfield Facility In Alabama
Canfor Corp. has announced it will invest approximately $210 million USD to build a new, state-of-the-art sawmill complex in Mobile, Ala. Using leading technology from The BID Group, the new sawmill will have an annual production capacity of 250MMBF on a two-shift basis and will provide a…
U.S. Housing Starts Take Another Dip, Single-Family Declines For Fifth Straight Month
U.S. housing starts, both single-family and multi-family, took a hard hit in July, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Mercer Purchases Germany’s HIT
Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…
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