As reported by Statistics Canada, Canadian lumber production increased 4.1% from July 2020 to August 2020. Year-over-year production was 1.3% above August 2019.
News in lumber
USDA Forest Service Researchers Report on the Life-Cycle Assessment of Redwood Lumber in US
The USDA Forest Service researchers recently published FPL-RP-706, October 2020 entitled Cradle-to-Gate Life-Cycle Assessment of Redwood Lumber in the United States.
Hammond Lumber Company Adds Second Lumber Manufacturing Facility
Hammond Lumber Company, a family-owned company founded in 1953, with headquarters in Belgrade Maine, has announced the acquisition of a smaller competitor, Tukey Brothers, Inc., a sawmill in North Belgrade.
Sawn Softwood Markets Not Excessively Impacted by the World Wide COVID-19 Pandemic
The impacts of COVID-19 on softwood lumber production have been modest.
U.S. Forest Service is Accepting Application for Grants for Community Wood Energy and Wood Innovation Program
The 2018 Farm Bill established and authorized funding for the Community Wood Energy and Wood Innovation Program. Grants awarded through the program help fund the capital costs for installing wood energy systems or building an innovative wood product facility.
Mobile Sawmill Helps Homeowners Turn Downed Trees into Lumber Products in N.W. Florida
Mike Smidt owns a mobile sawmill. With the help of his sons and father they have been working every weekend since Hurricane Sally hit Northwest Florida and toppled a lot of tree.
Analysts Expect Lumber and Panel Pricing and Demand to Remain Strong for the next Several Years
Despite recent declines from record breaking high levels, forest product market experts anticipate prices for lumber and panels will remain strong throughout North America for the next several years. The demand for building products will be led by both new construction and home renovation as tight inventory and aging existing homes, along with low interest rates and untapped home equity.
European Lumber Exports Continue to Grow
European lumber exporters continue to expand their overseas sales markets. Growing them over the past ten years from 30% to 45% and with a fifth of total export production in 2020 going to Asia. Traditionally most of the shipments went to neighboring countries on the continent and about 20% being shipped to the Middle East\Northern Africa, the US and Japan.
Hampton Lumber CEO Reports Fort St. James Mill Rebuild Remains on Schedule
Steve Zika, the CEO of Hampton Lumber, put to rest the rumors that the company is planning on delaying the construction of the Fort St. James mill. In a statement Zika said, “None of that is true; nothing has really changed with the plans for the mill or the dates; we have said it is going to be approximately two thirds of the size of Babine mill and that’s how it will be.”
The Sale of the Kenora Forest Products Sawmill Sale to 1347 Investors LLC., Completed
According to an October 6th, press release, the sale of the former Kenora Forest Products sawmill, in Kenora, Ontario, Canada has been completed.