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Sawmill expansions continue amid supply chain constraints. Stoltze completed an automated grading line at their lumber facility in Columbia Falls, MT. West Fraser in Henderson, TX announced a $255 million investment to build a new sawmill complex around the existing more…
Building products firms continue to add and acquire capacity, and firms are looking forward to the next phase of investment to put additional capital (from higher lumber and plywood prices) to work. Much of the sawmill capacity increases in North more…
This post is the third in a series related to the Q2 2022 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts, and featured research on regional pulpwood price dynamics. Below is an excerpt from the lumber industry more…
For softwood lumber producers in North America, 2021 was a year of opportunity. Lumber prices skyrocketed in the first half of the year to unprecedented highs, then fell back to normal ranges in the third quarter. As we close the more…
Softwood lumber mill capacity in North America is roughly 74 BBFT per year – the same level in aggregate as twelve years ago in 2008. One key difference in softwood lumber capacity today versus twelve years ago is location: mills more…
In capturing a quarterly “snapshot” of fiber prices by region across North America, the Forisk Wood Fiber Review (FWFR) also summarizes market trends and investments. Fevered lumber prices appear to have broken due to a combination of producers (sawmills) catching more…
This post is the sixth in a series related to the Q2 2021 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts and featured research on forest carbon. North America’s forest industry is closing in on two more…
This is the third in a series related to the Q2 2021 Forisk Research Quarterly (FRQ), which includes forest industry analysis and timber price forecasts for North America. The recovery we are witnessing in Western Canada logging employment may be more…
Softwood lumber producers had a wild ride in 2020. From major cutbacks in the spring in response to the COVID-19 pandemic to pushing production limits in the fall to capture record high lumber prices, mill operators made many short-term adjustments. more…
Mill capacity in North America has shifted South since just before the Great Recession of 2007-2009 for softwood lumber. Reduced timber supplies in Western Canada from the mountain pine beetle made it hard to get wood in the region. The more…