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“Nothing travels faster than the speed of light, with the possible exception of bad news, which obeys its own special laws.” – Douglas Adams While attending a recent forestry meeting, I received a text message about more sawmills closing due more…
This post includes data from the Q3 2024 Forisk Research Quarterly (FRQ) and Forisk’s new digital platform for the North American Mill Capacity Database. Over the past 50 years, major shifts in the regional distribution of lumber capacity across North more…
This post is the third in a series related to the Q2 2024 Forisk Research Quarterly (FRQ), which includes forest industry analysis and timber price forecasts for North America. Introduction Oriented strand board (OSB) is a building material made from small diameter more…
Mill news is mixed for the North American forest products industry as firms continue to complete mill investments and announce mill closings. In the first quarter of 2024, firms advanced sawmill expansions in the U.S. South while others closed sawmills more…
After peaking the past three years, softwood lumber prices finally returned to break-even levels in 2023. Poorly positioned lumber producers closed, reducing North American lumber capacity by 2% after gains in 2022 and 2021. Closures included 9 sawmills with capacities more…
Utilization is the act of making practical use of something. For industrial purposes, utilization is the percent of name plate capacity used to produce a product; it is calculated as production divided by capacity for a set time period. Forisk more…
Pulp and paper mill closures garner headlines as they represent massive facilities employing hundreds and contributing millions of dollars to local economies. They also provide an important market for wood fiber for forest landowners and sawmills. Mill closures hamper landowners’ more…
Firms continue to invest in forest industry manufacturing facilities in the U.S. South. The region features abundant timber supplies and an established supply chain with favorable business operating conditions. Lumber manufacturers evaluate timber markets for future capital expansion, and the more…
This post is the third in a series related to the Q3 2023 Forisk Research Quarterly (FRQ) which includes forest industry analysis, timber price projections, and featured research on scenarios for forecasting timber prices. An old Ray Charles song uses more…
This post is the first in a series related to the Q3 2023 Forisk Research Quarterly (FRQ) which includes forest industry analysis, timber price projections, and featured research on scenarios for forecasting timber prices. It provides an excerpt from the more…