U.S. construction spending reaches $2.15 trillion in November …
Jan 2, 2025 · Spending on U.S. construction in November 2024 stood at a seasonally adjusted annual rate of $2.15 trillion, reflecting a 3% increase compared to November 2023, according to the U.S. Census Bureau.
U.S. manufacturing orders decrease 0.4% in November, totaling …
Jan 6, 2025 · Manufacturers' new orders in the U.S. decreased by $2.1 billion or 0.4% in November 2024, totaling $586.1 billion, following a 0.5% increase in October, according to the U.S. Census Bureau.
Twin Rivers Paper appoints Tyler Rajeski as new CEO
Jan 2, 2025 · Twin Rivers Paper Company announced the promotion of Tyler Rajeski as Chief Executive Officer, effective February 1, 2025.Tyler succeeds Debabrata Mukherjee, who will continue his service to Twin Rivers as Chairman of the Board. Tyler joined Twin Rivers Paper in April 2022 as Vice President of Finance and was named Chief Financial Officer in August 2022, leading the company’s finance ...
Wood-Mizer opens new sales center in Linden, Michigan
Jan 6, 2025 · Wood-Mizer, a global-leading sawmill and woodworking equipment manufacturer, announces a new Authorized Sales Center in Linden, Michigan.. Managed by Chuck Shultz, an experienced dealer of portable sawmill and wood processing equipment for many years, Wood-Mizer Michigan will provide sales and service of Wood-Mizer sawmill, woodworking, and firewood processing products to customers throughout ...
Year in review: Key events in forest industry that captivated …
Dec 31, 2024 · Stable prices for timber and lumber in the U.S. Scott Reaves of Domain Timber Advisors shared projections for the U.S. timber market, indicating minimal price movements and subdued demand due to high interest rates and an economic downturn. By the end of the year, these forecasts were correct: lumber prices stabilized at $400 per thousand board feet, with a slight increase at the end of the year.
Owner of Europe’s largest sawmill files for bankruptcy
Nov 26, 2024 · The Ziegler Group, one of Europe’s largest wood industry enterprises, has filed for bankruptcy through its parent company, Ziegler Holding GmbH.
FSC International appoints Sarah Kutulakos as first Regional …
Dec 30, 2024 · The Forest Stewardship Council (FSC) International announces the appointment of Sarah Kutulakos as FSC’s first Regional Director of North America, effective 1 January 2025.
U.S. biomass fuel domestic prices rise 1.8% in October 2024
Jan 3, 2025 · In October 2024, domestic prices for densified biomass fuel averaged $236 per ton, increasing by 1.8% from September's $232 per ton and 3.2% higher than October 2023's $229 per ton, according to the U.S. Energy Information Administration.
GreenFirst to sell its interest in private forest land in Kenora, Ontario
Jan 3, 2025 · GreenFirst Forest Products Inc. announces that it has entered into an agreement to sell its interest in approximately 118 acres of private forest land to Kenora Chiefs Advisory (“KCA”) for a total cash consideration of $5 million. The property is located within the City of Kenora, Ontario. “We are delighted to have finalized this transaction …
Irving Forest Products acquires sawmill in Masardis, Maine
Jan 3, 2025 · Irving Forest Products, which owns and operates wood processing facilities in Maine and New York State, will acquire the Masardis Sawmill in Masardis, Maine.