The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) slipped 1 point in November, to […]
Wood Markets News
Roseburg Forest Products Adds to Dillard Plywood Plant Layoffs
Roseburg Forest Products has announced that it will lay off an additional 30 employees at their Dillard Oregon plywood facility. […]
A Weakening North American Economy Prompts Canadian National Railway to Cut Jobs
The Canadian National Railway (CN) is confirming that it is in the process of “adjusting its resources to demand” as […]
Tolko Announces a 2-Week Slow Down at All of its B.C. Operations
Vernon B.C. based Tolko Industries announced in a news release dated Thursday 14th November, that “following a thorough examination of […]
Federal Relief for Florida Timber Producers
Florida state officials have announced that the U.S. Dept. of Agriculture has allocated $380.7 million in Federal black grant funding […]
Nordic Sawmillers Announce Additional Curtailments
Nordic sawmillers are reporting that recently reported weak financial results are prompting production curtailments. Weakening demand due to uncertain global […]
U.S. Court of International Trade Orders U.S. Dept. of Commerce to Rethink Shake & Shingle Duties
The U.S. Court of International Trade (CIT) has ordered the U.S. Department of Commerce to rethink its conclusions that certain […]
Weekly Mortgage Applications Rise to Highest Level in Over a Month
As mortgage rates inch higher, buyers are rushing to get in before they go up again. The Mortgage Bankers Association […]
Over 500k acres of timberland change ownership in Michigan’s Upper Peninsula
According to a press release dated November 13th 2019, Seattle-based Weyerhaeuser Company has sold 555,000 acres of Michigan timberland to […]
Remodelers Report Steady Growth in 3rd Quarter
The National Association of Home Builders (NAHB) Remodeling Market Index (RMI) posted a reading of 57 for the 3rd Qtr., […]