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Recent Articles

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Canfor to acquire Domtar affiliate Resolute El Dorado's lumber, wood manufacturing facility in Union County, Arkansas, for US$73M; facility is located near key end markets, as Canfor plans for US$50M in upgrades, increased capacity to 175 mmbf/year

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

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

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

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

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