Campbell Global has acquired the 28,200-acre Emerald Ridge timberland property in Oregon’s north coastal and Willamette Valley regions.
Wood Markets News
Fire Damages Irving Forest Products Sawmill in Dixfield, ME
A fire caused “extensive” damage at Irving Forest Products’ Dixfield, Maine, sawmill on Saturday, News Center Maine reported.
Federal Appeals Court Weighs Reviving Oregon Timber Antitrust Case
The Ninth Circuit is weighing whether to revive an antitrust lawsuit alleging Iron Triangle and Malheur Lumber Co. suppressed competition in Eastern Oregon.
Pending US Home Sales Show Weakest Year-Over-Year Gain in Four Months
Pending US home sales rose just 0.7% in early November, the smallest increase in four months, as buyers stayed cautious despite easing mortgage rates, Redfin reported.
FABRIC and WRNS Studio Begin Design Work on California Mass Timber Plant
FABRIC Mass Timber and WRNS Studio have started design work on California’s first regenerative mass timber plant in Redding.
Södra Reduces Q4 Production at Two Swedish Sawmills
Södra will reduce production at its Värö and Mönsterås, Sweden, sawmills by 20% in Q4 to align with weak demand amid rising costs.
EU Imposes Provisional Antidumping Duties on Brazilian Softwood Plywood Imports
The European Commission imposed provisional 5.4% antidumping duties on Brazilian softwood plywood imports, citing below-market pricing that harmed EU producers.
HS Timber Group Finalizes Acquisition of Latvia’s Kurekss
HS Timber Group has completed its acquisition of Latvia’s Kurekss SIA and subsidiary Kurzemes Granulas SIA, bolstering its presence in the Baltics.
Canadian Employment Rises by 67,000 in October; Unemployment at 6.9%
Canadian employment rose by 67,000 in October, while the unemployment rate declined 0.2 points to 6.9%, the lowest level since August.
Stora Enso’s Bad St. Leonhard, Austria, Mill Produces Over One Million Cubic Meters of CLT
Stora Enso’s Bad St. Leonhard mill has surpassed one million cubic meters of total cross-laminated timber production.