Roseburg has acquired approximately 158,000 acres of investment-grade timberland in the southeastern United States from Forest Investment Associates (FIA), a timberland investment management organization, the company reports. The timberland is located around Roanoke Rapids, largely within the coastal region of North Carolina and southeastern Virginia, and has a strong history[Read More…]
Tag: lumber
Swedish Wood Increasingly Global
Global demand for Swedish wood is constantly rising. In the first half of 2017, Södra, a forest owner association and international forestry group based in Sweden, says it delivered sawn timber to 38 counties, representing more than a 100 percent increase in geographic markets since 2005. More and more[Read More…]
Georgia-Pacific Building New Lumber Production Facility
Georgia-Pacific plans to build a new lumber production facility in Talladega, Alabama, the company reports. Construction on the $100 million, 300,000-square-foot, technologically advanced plant is scheduled to begin immediately with an anticipated startup in late 2018. Once it is fully operational, the plant will employ more than 100 full-time employees[Read More…]
U.S. Places Tariffs on Canadian Lumber
The Trump administration placed tariffs up to 24 percent on Canadian lumber shipped to the United States early this week. U.S. Secretary of Commerce Wilbur Ross announced the preliminary determination in the countervailing duty (CVD) investigation of softwood lumber from Canada. “The Department of Commerce determined a need to impose[Read More…]
