Industry News

SBCA is seeking to obtain signatures of support to add to the bottom of letters to the US Forest Service and US Forest Products Laboratories regarding the Southern Pine lumber design value.

Canfor has signed an agreement to acquire Tembec Industries Ltd.’s southern British Columbia (BC) interior wood products assets.

The outlook for California next year remains very much in flux. With the possibility of another U.S. economic recession remaining uncomfortably high, there is an even higher probability that California’s economic recovery could stumble next year.

Residential construction continues to struggle across much of the country amid a glut of excess single-family homes and condominiums.

Total construction spending rose 0.8 percent in October, the third consecutive monthly increase. Private residential and nonresidential outlays increased, but public construction spending fell 1.8 percent.

U.S. manufacturing activity seems to be weathering the effects of the European sovereign debt crisis. The ISM index rose 1.9 points in November to 52.7, with solid gains in production, new orders and new export orders.

The November employment report showed a big drop in the unemployment rate. However, the overall pace of job growth remains constrained.

Desert Lumber has acquired the assets of A.C. Houston Lumber's Las Vegas operations. The deal marks the end of A.C. Houston's presence in the Las Vegas market.

ProBuild Holdings has named Don Riley, the former CIO of Mohawk, as its new executive VP supply chain and technology.