Bearlodge Forest Products will close its Hulett, Wyoming, sawmill and pallet operations on October 31, citing business pressures, the Cowboy State Daily reported.
Wood Markets News
Rayonier Advanced Materials Begins Construction on Altamaha Green Energy Biomass Project
Construction is underway on RYAM’s 70 MW Altamaha Green Energy biomass cogeneration project in Jesup, Georgia, with operations expected to begin in 2029.
Northwest Territories Completes One of Its Largest Tree Planting Projects
The Northwest Territories completed a 3.37 million-tree restoration project near Sambaa Deh Falls, reaching about 47% of its 8 million-tree commitment.
CPKC Reaches Tentative Five-Year Agreement With BLET
CPKC reached a tentative five-year agreement with BLET covering about 250 train and engine employees operating across four Midwestern states, pending ratification.
US Mortgage Applications Fall in the Week Ending October 2
Mortgage loan application volume decreased 4.2% on a seasonally adjusted basis, the fifth consecutive weekly decline, MBA reported.
Marks Lumber to Close Clancy, MT, Sawmill in 2027
Marks Lumber in Clancy, Montana, will end sawing operations in November and sell its remaining inventory through 2027, the Missoulan reported.
President Trump Grants Temporary Diesel Fuel Tax Relief
President Trump temporarily allowed highway use of dyed diesel and deferred the related federal excise tax for the rest of 2026.
US Forest Service and Endowment for Forestry and Communities Launch Carbon Tracking Platform
The US Forest Service and US Endowment launched the beta FACT platform, providing free, science-based forest sector carbon data to users nationwide.
Russian Timber Harvesting Firms Close Faster Than New Ones Open
Russian timber harvesting firms are closing faster than new ones open, with registrations down 19.9% and liquidations up 9.6% through August.
US Nonresidential Construction Employment Climbs in September
US nonresidential construction employment increased by 16,100 jobs in September, led by 12,300 new specialty trade positions, the BLS and ABC reported.