Tag: lumber

McGrath Lumber, Capital Forest Merge

McGrath Lumber is expanding its manufacturing and distribution presence in New England, the Mid-Atlantic region and beyond, by merging with Capital Forest. According to McGrath Lumber owner Paul McGrath, the deal for Capital Forest to purchase McGrath Lumber was finalized December 2, 2019. Capital Forest, a lumber distribution company, had[Read More…]

Staying Ahead of the Market

A robust lumber market this fall season combined with lower production from Western sawmills elevated price levels and extended ship times. Buyers’ persistent low inventories coincided with strong demand for many lumber products.  The low inventory scenario continues to have the potential for adding volatility to the lumber market this[Read More…]

Staying Ahead of the Lumber Market

Lumber inventories at the wholesale, retail, and manufacturing levels remained flat during the July-August period. Buyers continued their pattern of buying just what they need and expected prompt deliveries. This low inventory scenario has the potential for adding volatility to the lumber market going into the third quarter of this[Read More…]

Weyerhaeuser to Sell Michigan Timberlands

Weyerhaeuser Company, one of the world’s largest private owner of timberlands, reports it has reached an agreement to sell its 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, a timberland investment management organization, for $300 million in cash.  The company expects to recognize[Read More…]

Roseburg Hires Director of Reliability

Roseburg, a forest products company with timberland in Oregon, Virginia, and North Carolina, reports that Chris Metcalf has joined the company as Director of Reliability, effective July 22.  In this newly created role, Metcalf will oversee the analysis of reliability and maintenance practices and needs across the company and implement solutions[Read More…]

Current Issue

June/July 2024