News & Updates
Housing Starts Increase In May, Far Ahead Of One Year Ago
U.S. housing starts bounced back in May following a dip in April. Housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.572 million, a…
Katerra Digs Too Deep Of A Hole: Anybody Want A New CLT Plant?
Rumors abound over which company will purchase the Katerra cross-laminated timber facility in Spokane, Wash. The new CLT plant is now part of Katerra’s Chapter 11 bankruptcy filing…
Interfor Purchases Four Sawmills From GP
Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to Interfor’s existing platforms in the…
Canfor Plans New Sawmill In Louisiana
Canfor Corp. has announced it will invest approximately $160 million to build a new, state-of-the-art sawmill near DeRidder, La. The facility will have an annual production capacity of 250 MMBF on a two-shift basis and will directly employ about 130…
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5%…
Stimpson Retires After Active Career
Fred Stimpson, one of the Stimpson family members who ran Gulf Lumber Co. in Mobile, and who was most recently president of Canfor Southern Pine for six years, announced…
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