USDA is guaranteeing $80 million in loans to expand timber processing in Nevada and Oregon, strengthen rural economies, and improve forest health.
News in lumber
Canadian Industrial Product and Raw Materials Price Indices Decline in June
Canadian industrial product prices fell 1.4% in June. Softwood lumber prices climbed 6.1%, the largest monthly increase since November 2024.
US Trade Court Sustains Remand Results for D&G in 2015 Canadian Lumber Review
The US Court of International Trade sustained the US Commerce Department’s fourth remand determination in litigation over its 2019 expedited review of the countervailing duty order on Canadian softwood lumber.
Carrier Forest Products to Indefinitely Curtail Big River, SK, Sawmill
Carrier Forest Products will indefinitely curtail production at its Big River, Saskatchewan, sawmill on October 16.
Canada Funds 12 Forest Sector Transformation Projects in Quebec
Canada is providing more than CA$17 million for 12 Quebec forest-sector projects focused on innovation, Indigenous participation, and export growth.
New York Transfers Former Butler Correctional Facility to Westbury Lumber
Westbury Lumber acquired the former Butler Correctional Facility, a 201-acre site it plans to use for hardwood production expansion, storage, and market growth.
Irving Forest Products Ashland, ME, Sawmill Expansion Advances With State Funding
Irving Forest Products’ Ashland, Maine, sawmill expansion is advancing with state-backed financing to increase capacity to 250 million board feet, WAGM reported.
New CPKC Rail Connection Expands Bienville Lumber’s Distribution Network
A new CPKC rail connection is expanding Bienville Lumber’s distribution network as the Louisiana sawmill works to more than double annual output.
Western Forest Products Extends Cowichan Bay Sawmill Curtailment Through September
Western Forest Products expects its Cowichan Bay sawmill curtailment to last until this fall, CHEK News reported.
Fire at RFP Lumber in Oroville, CA, Destroys Building and Equipment
An early-morning fire caused an estimated $300,000 in damage at RFP Lumber in Oroville, California, destroying a building and mill equipment, Action News Now reported.