Month: November 2023

221 posts

Midwest Business Trends

Throughout the Midwest region there were mixed reviews as to how the market in the area was faring at the time of this writing. In Texas a lumberman said that his sales have been soft. “Business seems to be really slowing down,” he said. “I think this is due to the economy and inflation. It […]

Forest Products EXPO Brings Global Sawmill Industry Together In Nashville

Connecting. Exploring. Discovering. That was the agenda for the recent 37th Forest Products Machinery & Equipment EXPO, held at the Music City Center in Nashville, TN, and feedback shows exhibitors and attendees alike were able to successfully check off all three items on that agenda. After five shows in Atlanta dating back to 2011, the […]

West Coast Business Trends

As we head into the final quarter of 2023 the market as a whole is stagnant for the most part, with a few exceptions. Continued economic anxiety, high interest rates, and the usual seasonal slowdown are driving factors for the lethargic market. West Coast producers are navigating regional difficulties as well, including but not limited […]

SCMA Hosts Gathering During NHLA Convention

Members of the Southern Cypress Manufacturers Association (SCMA), along with promotion sponsors, recently gathered in Louisville, KY, for their 2023 Mid-Year Meeting. The event took place at the Omni Louisville Hotel and was held in conjunction with the National Hardwood Lumber Association’s Annual Convention and Exhibit Showcase. Attendees received updates on the SCMA’s promotion campaign, […]

Southeast Business Trends

Across the Southeast region, lumber sources said that their markets are fair and that at the time of this writing, sales were slowing down some. In Mississippi a lumberman said that while his sales are currently feeling weak, the market overall has been fair. “Our sales are pretty weak right now, but I think interest […]

90 Years Looks Good on NELMA!

After 90 years in business, NELMA has learned a few things about working with lumber wholesalers. But how did we get to this point? Let’s take a look back at some of the highlights we’ve experienced over the last 90 years … maybe you remember some of them! 1691 The King’s Broad Arrow appears on […]

Industry News

Boise Cascade Acquires Brockway-Smith Company Boise Cascade Company, located in Boise, ID, announced that it has acquired Brockway-Smith Company (BROSCO), a leading wholesale distributor specializing in doors and millwork. The purchase price for BROSCO, including the acquisition of its two full-scale distribution centers, is $172 million, subject to certain closing adjustments. Boise Cascade plans to […]

U.S. Softwood Lumber Exports To Mexico Reach Record High

In 2022, U.S. Softwood lumber exports to Mexico reached an all-time high, totaling $282 million, and nearly double 2020 sales figures. Mexico is now the number one international market for U.S. Softwood lumber, unseating China in 2018 following a 25 percent U.S. tariff on wood products from China. January to August 2023 exports ($171 million) […]

Ontario/Quebec Business Trends

“The market continues to be a struggle,” according to a Quebec SPF manufacturer, “with consumers dealing with high interest rates and an abundant supply of lumber, especially in eastern Canada. There is a lot of pressure on price. The best way to qualify what is successful is if you are able to achieve a certain […]

Retail Review

US LBM Acquires Florida’s Manning Building Supplies US LBM, a leading distributor of specialty building materials in the United States, recently acquired Manning Building Supplies, a top provider of building products and manufactured components to professional builders throughout Eastern and Central Florida. Founded in 1979, Manning’s product portfolio includes lumber and trusses, along with custom […]