Sierra Pacific Plants 300 Millionth Seedling
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Housing Starts Come On Like Gangbusters
U.S. housing starts, both single-family and multi-family, came in hot in May at a combined seasonally adjusted rate of 1.631 million, a 21.7% increase above April. Single-family starts in May were at a rate of 997,000 an 18.5% increase over April, and multi-family was 624,000, an increase of 28% over April, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development…
Robbins Lumber Acquires Two Sawmills In Maine
Robbins Lumber, Inc., based in Searsmont, Me., has acquired two sawmills from Pleasant River Lumber Co., expanding the company’s footprint from two locations to four locations. The sawmills in Hancock and Sanford, Maine, will retain all 74 employees between the two locations. The company says the acquisition will allow it to build upon its eastern white pine production, which the…
Luoma Announces Retirement
Longtime executive and manager in the wood products industry, for years with LP, Brian Luoma announced he is retiring at the end of 2023 from his position as president and CEO of The Westervelt Co. Luoma joined Alabama-based Westervelt as president and CEO in 2017, and has been instrumental in the company’s expansion of its lumber and timberlands divisions…
Maybe The Markets Will Surprise Us Once Again
Article by Rich Donnell, Editor-in-Chief, Timber Processing June 2023 – If you didn’t notice it on the cover, your eyes are getting as bad as mine, but yes this is our annual U.S. Sawmill Operations and Capital Expenditure survey report. It doesn’t pretend to be as…
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