The agreement between Natural Resources Canada, British Columbia, and China’s housing ministry advances cooperation on sustainable wood construction and trade diversification.
Lumber
New capability aims to enhance fiber utilization and add value to lower-grade timber.
$11.5 million capital investment will create 154 new jobs and support Virginia’s forestry industry.
Exports of lumber from Norway dipped 3%.
Price for lumber imported to Egypt increased 0.9%.
Shutdown cuts 25 jobs as Domtar slashes North American lumber output by 150 million board feet.
Hardwood lumber PPI falls 0.1% while millwork and plywood rebound.
The retailer transforms a former auto dealership into a modern home center to serve Clinton County customers.
Texas-based company focuses on regional growth and plans to introduce new products for customers.
Index increases $21 in one week and is up 6% compared to one month ago.
Chief Accounting Officer Bradley Pearce named interim CFO to oversee finance transition from company veteran.
Price for lumber exported from the U.S. to Mexico slid 3%.
Lumber shipments fall 9.3% from October 2024 as capacity utilization decreases to 73.3%.
The company attributes the write-down to prolonged weak U.S. lumber market conditions and projects stable 2026 input costs with capital spending of $300 to $350 million.
Price for softwood lumber exported from Canada to the U.S. slipped 3%.
Price for southern yellow pine lumber exported from the U.S. slipped 3%.
Prices unchanged month-on-month, with cedar up 3.8% and cypress showing mixed year-on-year changes.
Exports of lumber from Brazil stayed flat.
The Florida-based acquisition adds Mill-Rite’s architectural millwork and casework capacity to Adams Group’s vertically integrated production network.
Premier David Eby and Minister Ravi Kahlon will visit four Indian cities from Jan. 12 to 17, 2026, to expand cooperation under the Look West economic plan.