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Continued high lumber prices encouraged sawmills to maintain aggressive production levels in Q1 2021, further increasing residual chip supplies in the Northwest. The return of two fiber consumers to the region— Cosmo Specialty Fiber in Washington and the Roseburg Forest more…
West Fraser closed on the purchase of Norbord on February 1, 2021, becoming the largest producer of OSB in North America. The OSB sector is heavily consolidated, with the top 10 firms accounting for 100% of OSB production in North more…
Any way you slice it, 2020 was a slow year for large timberland transactions. Forisk’s tracking recorded approximately 1.6 million acres of completed large timberland transactions in 2020. Over the past decade, from 2010 through 2019, the median volume of more…
A client posed the question last week “what are the implications to the logging industry of a $15 minimum wage?”. It is a great question. With many logging businesses in rural areas, offering some of the best wages in those more…
This post includes themes addressed in the Applied Forest Finance course. When applying Net Present Value (NPV) in finance to evaluate investments, it’s appropriate to use a discount rate that reflects the marginal cost of capital of the firm. In business more…