Real Trees Deliver Fake Climate Progress for Corporate America
December 17, 2020

By Ben Elgin and Zachary Mider December 17, 2020 (Bloomberg) — Jack Branning is a prosperous Mississippi businessman, with commercial interests stretching from Hattiesburg to Baton Rouge, La. He’s seen a lot of deals in his 89 years, but few were as curious as the one he was offered back in 2013. That’s when a […]

Texas CLT Gets Certification To Build Panels in Arkansas
December 2, 2020

Woodworking Industry News By Robert Dalheim December 02, 2020 MAGNOLIA, Ark. – Texas Cross Laminated Timber says it has been certified by Timber Products to build cross-laminated timber (CLT) panels at its facility in Magnolia, Arkansas. Timber Products is the largest wood product certification agency accredited under the American Lumber Standard Committee. Texas Cross Laminated […]

Resolute Forest Products Receives Block Grant To Buy Equipment and Restart El Dorado Arkansas Mill
November 25, 2020

Forest Economic Advisors Posted on November 25, 2020 Resolute Forest Products is the recipient of a Community Development Block Grant (CDBG) through the Arkansas Economic Development Commission (AEDC) for the purpose of purchasing equipment for a formerly owned by Conifex and Georgia Pacific sawmill in El Dorado Arkansas, that ceased operations in August 2019 and […]

USDA announces appointments to the Softwood Lumber Board
November 23, 2020

Lesprom 07:23 AM / November 23, 2020 Secretary of The U.S. Department of Agriculture (USDA) Sonny Perdue has reappointed Eric Cremers, Caroline Dauzat, and Hugues Simon to serve second terms on the Softwood Lumber Board (SLB). He has also appointed director Keith O’Rear to his first term. Directors will serve a three-year term of office […]

Canada’s West Fraser to Buy Norbord in Deal Valued at $3 Bln
November 19, 2020

New Wire CONTRIBUTOR – Arundhati Sarkar, Reuters NOV 19, 2020 Nov 19 (Reuters) – Canadian forestry company West Fraser Timber Co WFT.TO said on Thursday it would acquire wood-based panels maker Norbord Inc OSB.TO in an all-stock deal valued at about C$4 billion ($3.05 billion). Norbord shareholders will receive 0.675 of a West Fraser share […]

The Conservation Fund Purchases 72,440 Acres in Minnesota From PotlatchDeltic
November 19, 2020

Press Release November 19, 2020 One of the largest land conservation acquisitions in recent state history will support northern Minnesota’s long tradition of timber production and outdoor recreation PotlatchDeltic Corporation (NASDAQ: PCH) has completed the previously announced sale of 72,440 acres of forestland in northern and central Minnesota to The Conservation Fund for nearly $48 […]

THE WOOD GAP — Lumber Prices Set All-Time High, While Trees Are Stuck In the Past
November 18, 2020

Mississippi Business Journal, By JACK WEATHERLY Nov 18, 2020 Southern yellow pine lumber prices went on an eight-week tear starting in mid-July, while tree farms stayed stuck in the Mississippi clay. Sawmills have realized all-time high prices for lumber and “immense profits,” said Pete Stewart, president and founder of Charlotte, N.C.-based Forest2Market, which provides pricing […]

American Timber Industry Crippled By Double Whammy Of Trade War and COVID-19
November 17, 2020

Fairfield (CT) Citizen, Andrew Muhammad, University of Tennessee, Tuesday, November 17, 2020, American tAndrew Muhammad, University of Tennessee (THE CONVERSATION) The forestry sector – landowners, logging companies and sawmills – have lost an estimated US$1.1 billion in 2020. Devastating wildfires and Hurricane Laura have played a part, but the COVID-19 pandemic has also contributed to […]

Opinion: Joe Sanderson: Lumber Prices Are Not Going To Go Back To Where They Were a Year Ago
November 16, 2020

https://www.lesprom.com/ November 16, 2020, With the potential of a Biden presidency and continued lockdowns, one of the major structural changes in the U.S. economy is people working from home. They are looking for larger homes with more space for home offices. This year, small land tract sales have been a high point for Atlanta-based Domain […]

FSC Lumber Treks From Alabama Forest To Westervelt Mill to Kendeda Building
November 13, 2020

Kendeda Fund By Brad Kahn November 13, 2020, The Kendeda Building was designed to be a model of regenerative design in the Southeast, showing people what’s possible. Inherent in this goal is the notion that building construction and operations can restore regional ecosystems; much has been written on Kendeda Building’s approach to stormwater, for example. […]

Baldwin County (AL) Farmers Continue To Assess Damage From Storms
November 12, 2020

Gulf Coast News Today Posted Thursday, November 12, 2020 By John Underwood / john@gulfcoastmedia.com, SUMMERDALE, Alabama — Baldwin County farmers, along with state and local officials, are continuing to assess the impacts of Hurricane Sally and Hurricane Zeta along the Gulf Coast. Dr. Adam Rabinowitz, assistant professor and Extension Specialist, agricultural economics and rural sociology, […]

Landowners in America: These People Own the Most Land In the U.S.
November 12, 2020

USA Today, Grant Suneson and Samuel Stebbins 24/7 Wall Street November 12, 2020, Trailing just Russia and Canada, The United States is the third-largest country in the world by landmass, covering nearly 2.3 billion acres. The largest overall landowner in the country is the U.S. government, with different departments – the Forest Service, U.S. the […]