BC-based Doman Building Materials Group has acquired South Carolina-based CM Tucker Lumber Company for US$255 million in cash.
News in lumber
Tolko Announces 30-Day Curtailment at Its Soda Creek Sawmill in Williams Lake, BC
Tolko Industries confirmed that starting Monday, September 30th, the Soda Creek Division mill in Williams Lake, BC, will begin a 30-day shutdown, The Williams Lake Tribune reported.
Southern Forest Products Export Report for July
Exports of Southern pine lumber (treated and untreated) through July continued to outpace 2023, up 15%, the USDA and SFPA reported.
Canadian Industrial Product and Raw Materials Price Indexes for August
Prices for lumber and other wood products rose 2.1%, with softwood lumber rebounding 7.7% after four consecutive monthly declines.
West Fraser to Indefinitely Curtail Lake Butler, FL, Sawmill
West Fraser will indefinitely curtail its sawmill in Lake Butler, Florida, by the end of September.
Tolko Industries Begins Two-Week Shutdown at Its Armstrong, BC, Sawmill
Tolko Industries has implemented a two-week shutdown of its lumber plant in Armstrong, BC, citing ongoing market challenges and resource shortages, Coast Mountain News reported.
US Department of Agriculture Announces Appointments to Softwood Lumber Board
The USDA announced the appointment of six members to serve on the Softwood Lumber Board for three-year terms beginning January 1st, 2025.
Brink Group Eager to Purchase Canfor Assets in Fort St. John, Vanderhoof, Houston, and Bear Lake, BC
Brink Group has made a proposal to Canfor to buy its mills and timber harvesting rights in Bear Lake, Vanderhoof, and Fort St. John, BC, Vancouver Is Awesome reported.
Canada Announces Formal Challenges to Latest Increases in US Softwood Lumber Duties
The Canadian government said it will pursue challenges to recent increases to softwood lumber duties by the United States, The Canadian Press reported.
Georgia-Pacific Modifies Lumber Operations in Camden, TX, and Prosperity, SC
Over the next couple of months, these sites will discontinue lumber production from logs while maintaining plywood core sawing operations, The Lufkin Daily News reported.