Interfor has idled its Gogama, Ontario, sawmill for two weeks and will partially resume operations on November 3, Sudbury.com reported.
Wood Markets News
Northern Michigan Timber Supply Drained After Spring Ice Storm
Northern Michigan foresters warn that the 2025 ice storm emptied much of the region’s $2.2 billion timber supply, leaving sawmills short of wood for years to come.
EU Proposes Targeted Simplifications of EUDR for Small Producers
The Commission proposed targeted EUDR simplifications, including one-off declarations for small operators, a single upstream filing, and a phased rollout.
British Columbia Opens Forest Trade Office in London to Expand Global Reach
BC is opening a new forestry sector office in London to expand market access in Europe, the UK, and emerging regions.
Michigan Launches Mass Timber Catalyst Program to Spur Construction Innovation
Michigan launched a new Mass Timber Catalyst Program offering $25,000–75,000 awards and technical support to promote sustainable timber construction.
Sinclar Group to Reduce Production at Its Three BC Sawmills by 40%
Sinclar Group Forest Products will cut output by 40% at its three BC sawmills starting October 27, citing policy, supply, tariff, and economic pressures.
Fannie Mae ESR Group Releases October Economic and Housing Outlook
Fannie Mae’s ESR Group raised its GDP and home sales outlooks for 2025, projecting 1.9% growth and 4.74 million sales, while trimming its inflation forecast.
Latvia Approves HS Timber Group’s Acquisition of Kurekss
Latvia’s Competition Council approved the acquisition of timber producer Kurekss by HS Timber Group’s Nextwood One, LSM reported.
Enviva Pellet Dome in Pascagoula, MS, Damaged in Fire
A fire occurred in one of Enviva’s wood pellet storage domes at the Port of Pascagoula, and pellets were offloaded, WLOX reported.
US Consumer Price Index Rises 3.0% in September
The Consumer Price Index for All Urban Consumers rose 0.3% in September and 3.0% over the past 12 months.