News & Updates
Purdue University Scanner May Boost Lumber Industry
The hardwood industry adds $17 billion to Indiana’s economy. Since 1898, the hardwood lumber industry has relied on the human eye to detect knots and other imperfections as a way of determining the...
Lumber Prices Headed Higher Amid Canada-U.S. Trade Dispute
A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge...
Brian Luoma Picked To Lead Alabama’s Westervelt Company
Brian Luoma Picked To Lead Alabama’s Westervelt CompanyThe Westervelt Company named Brian Luoma as President and CEO, succeeding Mike Case, who announced his retirement after more than 32 years with...
Softwood Lumber, Engineered Products Lead Price Increases Among Building Materials
The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The...
NAHB CEO: Lumber Price Woes Will Persist
Headaches over the supply and price of North American lumber likely will persist for several years, the CEO of the National Association of Home Builders told lumberyard executives today, adding that...
Rebounding Lumber Market Meets Workforce Challenge
For years Pyramid Mountain Lumber Inc. thought the availability of logs was going to be their limiting factor for profitability and capital improvements. This winter they are up six million board...
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