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Florida's Hoffmann Family of Companies acquires Michigan's Besse Forest Products, complementing Hoffman's existing Ferche Millwork operations; Besse is one of North America's largest privately-owned producers of hardwood veneer, lumber, specialty plywood
Published: March 13, 2024 by Hoffmann Family of Companies
Western US-based building materials supplier OrePac acquires Western Timber Products, a specialty wood products manufacturer; Idaho-based Western Timber produces variety of high-quality decking, siding and trim from their two mills
Published: February 29, 2024 by PRWeb
Japan to launch world's first wooden spacecraft, the LignoSat probe, into orbit in Summer 2024 in a move toward sustainable space travel; wooden satellite designed by Sumitomo Forestry and Kyoto University only leaves biodegradable ash upon re-entry
Published: February 21, 2024 by The Daily Beast
BlueLinx swings to Q4 loss of US$18M from year ago profit of US$32M, sales down to US$712.5M from year ago's US$847.8M; specialty products account for 70% of net sales and 80% of annual gross profit, with structural products also performing well
Published: February 21, 2024 by Business Wire
CIBC maintains Western Forest Products' neutral rating and lowers target to C$0.65 from C$0.75 on reduced estimates, noting continued demand challenges across its specialty lumber markets, British Columbia fiber uncertainty and elevated cash costs
Published: February 16, 2024 by CIBC World Markets Inc.

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