As of October 7th, 27 large active wildfires are being managed with full suppression strategies nationwide. Current fires have burned 1,212,359 acres.
Wood Markets News
Besse Forest Products Group Closes Six Sawmills and Veneer Mills in Michigan and Wisconsin
Besse Forest Products Group has closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan. The facilities are now up for sale.
Canadian Lumber Production and Shipments Fall in July
Lumber production decreased 7.7% to 3,681.5 thousand cubic meters in July. Year-over-year, production was up 2.8%.
US Construction Employment Continued to Grow in September
Nonresidential construction employment led the way, adding 17,900 jobs, while residential construction gained 7,800 jobs, BLS and NAHB reported.
US Nonfarm Payroll Increases by 254,000 in September; Unemployment Ticks Down to 4.1%
Nonfarm payroll employment increased by 254,000 in September, above the average monthly gain of 203,000 over the prior 12 months.
New York City Mass Timber Studio Helps Accelerate Seven NYC Timber Projects
A nine-month technical assistance accelerator for seven timber projects wrapped up last week with a number of participants praising its approach, Daily Commercial News reported.
US Port Workers and Operators Reach Tentative Agreement; Operations to Resume Immediately
US dock workers and port operators announced that they had reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the East and Gulf coasts, Reuters reported.
Hancock Lumber Indefinitely Curtails Production at Its Sawmill in Madison, NH
Hancock confirmed that, effective October 1st, it began an “indefinite curtailment of production at the company’s Madison Lumber Mill location (New Hampshire),” The Conway Daily Sun reported.
European Commission Proposes 12-Month Delay to Deforestation Regulation
The European Commission said it would propose delaying implementation of a law banning the import of commodities linked to deforestation by a year, Reuters reported.
Stora Enso Preparing to Sell Part of Its Forest Assets in Sweden
Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares (3.46 million acres) in Sweden.