Wood Markets News


F.H. Stoltze Land and Lumber Company Announces Formation of Stoltze Timber Systems Inc.

The oldest family owned lumber company in Montana, F.H. Stoltze Land and Lumber Company has announced that they are joining forces with a group of key partners to form Stoltze Timber Systems, Inc. to build North America’s first mass timber production facility aimed at using small-diameter trees to build large format, cross-laminated timber panels.

Weston Forest to Purchase Monterra Lumber Mills Ltd.

Weston Forest, one of North America’s leading full service distributors and remanufactures of softwood and hardwood lumber and specialty products, located in Mississauga Ontario, has announced an agreement to purchase Bolton, Ontario-based Monterra Lumber Mills Ltd.

Single New Family Home Sales Soar in July

The U.S. Census Bureau and U.S. Department of Housing and Urban Development are reporting that according to estimates sales of new single-family houses in July 2020 were at a seasonally adjusted annual rate of 901,000.