President Trump announced he would pause implementation of tariffs on Mexico and Canada for 30 days, AP reported.
News in lumber
Southeast Timber Products Announces $120 Million Expansion of Its Ackerman, MS, Sawmill
Southeastern Timber Products plans to invest more than $120 million to expand its sawmill in Ackerman, Mississippi, WTVA reported.
Canadian Sawmill Production and Shipments Decline in November
Canadian lumber production declined 6.0% to 3,996.8 thousand cubic meters. Year-over-year, production was down 10.9%.
US Imposes 25% Tariffs on Imported Products From Canada and Mexico and 10% Tariff on China
President Trump announced that he is imposing tariffs on imports from Canada, Mexico, and China, Reuters reported. The new tariffs take effect on February 4.
Southern Pine Exports Fall 2% in November
Southern pine lumber exports declined 15.3% year-over-year and declined 2% month-over-month in November, the USDA and SFPA reported.
Canadian Industrial Product and Raw Materials Price Indices for December
Lumber and other wood products prices increased 1.3% in December, the fifth straight monthly increase for the product group.
San Group Assets, Including Port Alberni Sawmills, Up for Sale Amid Creditor Protection
Most of the San Group’s assets are going up for sale in a bid to recoup about CA$150 million for creditors under a process led by a court-appointed monitor, The Times Colonist reported.
Commonwealth Plywood’s Sawmill in Rapides-des-Joachims, QC, Faces Uncertain Future
The Pontiac Journal reported that Commonwealth Plywood has continued operations in 2025, despite being slated for closure in December.
Woodgrain to Acquire Kelleher Corporation
Woodgrain, a manufacturer and distributor of millwork and building materials, has entered into an asset purchase agreement to acquire Kelleher Corporation.
Canadian Sawmill Production Increases 7.6% in October
Lumber production increased 7.6% to 4,251.3 thousand cubic meters in October. However, year-over-year, production was down 5.2%.