Koskisen announced on June 22nd, 2022, that it had sold its wood processing facility, located in Russia to Cherepovetsles.
Wood Markets News
June Home Sale Cancelation Levels at Highest Level Since Start of Pandemic
Redfin reported today (7-11-22) that approximately 60,000 home-purchase agreements were canceled in June, that is equal to 14.9% of all the homes that went under contract during the month.
Fannie Mae Home Purchasing Sentiment Index at Second-Lowest Reading in a Decade
On Thursday (7-7-22) afternoon, Fannie Mae released its Fannie Mae Home Purchasing Sentiment Index® (HPSI) for June. According to the report, the HPSI dropped 3.4 points to a reading of 64.8. This is the second-lowest reading in a decade.
Capacity for Tolko Industries/Southeast Timber Products Joint Venture in Mississippi Updated
Tolko Industries, the Vernon, British Columbia, Canada, based company announced that it is making a $150 million (USD) investment in […]
Superior Pine Products Acquires 58,000 Acres of Arkansas and Louisiana Timberland
Superior Pine Products Company of Fargo, GA, announced today that it has acquired the Castle Timberland property from Molpus Woodlands […]
U.S. Wood Pellet Exports Increase Month-Over-Month & Year-Over-Year in May 2022
According to data released on Thursday (7-6-22), by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, the U.S. exported […]
Construction Sector Employment Posts Overall Gains in June
A closer look at employment in the construction sector of the U.S. Bureau of Labor Statistics (BLS) June Nonfarm Payroll […]
Canadian Labor Force Survey for June 2022
Statistics Canada (StatsCan) reported on July 8th that employment in Canada decreased by 43,000 or 0.2% in June. Completely eliminating […]
U.S. Nonfarm Payroll Increases by 372,000 in June – Unemployment Remains at 3.6%
The U.S. Bureau of Labor Statistics (BLS) reported on July 8th that total nonfarm payroll employment increased by 372,000 in […]
Western Forest Products Inc. Announces $ 29 million Capital Investments in its B.C. Operations
Western Forest Products Inc.,(WFP) announced on Tuesday (7-6-22), capital investments totaling approximately $29 million (CAD) in its British Columbia operations. […]