According to the Forest Products Association of Canada, as Canada transitions to a net-zero carbon economy by 2050, Canada’s sustainably managed forests and the carbon-storing wood products they produce are providing key support to accomplishing that goal. Canada’s forest sector has already reduced its greenhouse gas (GHG) emissions by close to 70 percent since the early 1990’s.
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Sierra Pacific Industries Completes Acquisition of Seneca
Sierra Pacific Industries (SPI), the Anderson California-based forest products company, announced last week that it has completed its acquisition of Seneca, a Eugene Oregon-based company that, prior to the acquisition, had about 400 employees and owned about 167,000 acres of timberlands.
SDS Lumber and Timber Co. Reveals the Names of the Company’s Buyers
SDS Lumber and Timber Co. has been a forest products industry fixture since the 1940’s. The Bingen, Washington-based company manages nearly 100,000 acres of Pacific Northwest forest reserves on top of it mill operations. Late last week, a consortium of three separate entities were announced as the new owners.
New Brunswick Woodlot Owners Question Province’s Timber Royalty Collection Methods During 13-Month Lumber Market Price Surge
Taking full advantage of the higher lumber prices being charged by sawmills and the increased profitability those prices were generating during the recent 13-month lumber price surge, Alberta raised the price of logs coming off the Crown’s land several times and collected additional timber royalties.
Tree Harvesting Limitations Threaten Yukon Territory’s Local Small-Scale Sawmills
Doug Kerley is the owner of Creekside Wood Supply located in White Horse, the capital of northwest Canada’s Yukon territory. Kerley said the supply of suitable trees — they must be a minimum size for the lumber product — has been exhausted.
52 Large Wildfire Continue to Burn Across the U.S. with Only 1 is Listed as Contained
The National Interagency Fire Center reported today (10-4-21) that there are 52 large wildfires burning nationally on over 2,985,979 acres. No new large fires were being reported as of today.
Alberta Forest Companies Plant Over 100 Million Trees in the Province’s Forests in 2021
Alberta’s forest companies have planted over 100 million trees in the province’s forests in 2021. That number amounts to planting three trees for every one that is harvested — or 23 trees for every resident of the province, or (even more impressive) 100,000 trees for every grizzly bear in Alberta.
Hurricane Ida’s Winds Inflict an Estimated $300 Million of Damage to Louisiana Timber Industry
Economist Kurt Guidry estimates that about half of $584 million dollars in losses was damage done to the timber industry, which is Louisiana’s top-grossing ag commodity. Over 168,000 acres were affected by the hurricane’s winds, causing an estimated $300 million in damage.
65 Large Wildfires Continue to Burn Across the U.S. with Only 1 Listed as Contained
The National Interagency Fire Center reported today (9-27-21) there are 65 large wildfires burning nationally on over 3,154,071 acres. Two new large fires were being reported on Sunday (9-26-21), with one located in Oklahoma and the other in Texas.
B.C.’s 2021 Wildfire Season Ranks Third Worse on Record with 8,680 Square Kilometers Burned
British Columbia’s 2021 wildfire season is in the process of winding down. The B.C. 2021 wildfire season to date has burned an area of 8,680 square kilometers (3,352 square miles) and ranks as the third highest on record but is only 61% of the all-time high reached just 3-years ago.