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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…
Forisk tracks wood-using facilities in North America’s forest products industry to study capital allocation, wood demand, and forest technology trends. Lumber producers have been rationalizing capacity, investing in and expanding some mills while shuttering others across portfolios over the past more…
This post contains an excerpt from the Q1 2019 Forisk Research Quarterly feature article. This is the fourth in a series related to Forisk’s Q1 2019 forest industry analysis and timber price forecasts for the United States. Amanda Lang, Jack more…
This is the third in a series related to Forisk’s Q1 2019 forest industry analysis and timber price forecasts for the United States. New sawmills in the South were announced at a rapid clip in 2018, accelerating a trend of more…
Over the past decade, Eastern Canada has consistently been the fourth-largest installed base of regional softwood lumber manufacturing capacity in North America, behind the U.S. South, the U.S. West, and Western Canada. However, the region has gained importance as a more…
After yet another consolidating acquisition of southern sawmills, it seems like an opportune moment to review the changing profile of the softwood lumber industry in the U.S. South. At the end of 2008 – the early days of the housing more…
This post includes an excerpt from research published in the Q3 2017 Forisk Research Quarterly (FRQ). Canadian forests support one of the world’s leading wood products industries. And that industry is in flux, rationalizing legacy investments in newsprint mills, navigating more…
On July 26, 2017, West Fraser announced an agreement to acquire Gilman Companies, a major producer of southern yellow pine lumber with six sawmills in South Georgia and North Florida comprising 700 million board feet (MMBF) of capacity. The acquisition more…