Article Archive

Recent resurgence in US lumber prices expected to continue through early 2022

The price of lumber has seen a resurgence, which analysts expect will continue through early 2022.     [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

Koskisen to build a large new sawmill

Koskisen will carry out an investment in Kärkölä worth EUR 48 million, with production scheduled to start up [...]

Sierra Pacific completed acquisition of Seneca

Sierra Pacific Industries has completed its acquisition of Seneca, giving the forest products producer more than 2.3 million acres [...]

US furniture maker wins lawsuit against shipper

American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping.  [...]
October 13, 2021 Wood Furniture / North America

Price of Finnish lumber seeks balance

    Demand for Finnish lumber this year has been supported by favorable developments in construction investment in [...]

Huge opposition against new EU forest strategy

The new 2030 Forest Strategy is triggering diplomatic clashes in the EU over who should be responsible for forest policy [...]

Vietnamese wood processors shut down temporarily

    Although Vietnam’s wood and wood exports grew by more than 62% (year-on-year) in [...]

Binderholz to take over BSW Timber

The Binderholz Group intends to take over BSW Timber Ltd., the largest forestry and sawmill company in Great Britain. An [...]

Lumber prices in US are rising again fast

    On Friday, the price per thousand board feet climbed another 5% to $494. Since bottoming out [...]