Trade Talk – September/October 2022

Jefferies Announces Strategic Transactions Including Agreement To Sell Idaho Timber Meridian, ID—Jefferies Financial Group Inc. (“Jefferies”) has agreed to sell Idaho Timber, headquartered here, in two transactions at a combined sale price of $239 million, resulting in an estimated pre-tax gain of $140 million. These transactions were expected to close in August. “Finally, we note […]

Who’s Who In Softwoods – September/October 2022

Brandon Marshburn is a lumber trader with Idaho Timber, located in Henderson, NC. His division produces Spruce-Pine-Fir dimension and studs for customers in North Carolina and area states to the north and west. Idaho Timber is a Softwood lumber producer operating sawmills and value-added manufacturing facilities across the U.S. The company has an annual dayshift […]

Washington Scene – September/October 2022

Canadian Lumber Tariffs Cut By More Than Half The National Association of Home Builders (NAHB) efforts calling on the Biden administration to eliminate — or at the very least reduce — duties on Canadian lumber shipments into the United States has taken a step in the right direction, according to the NAHB, with the Department […]

Addressing Our Country’s Housing Crisis Humanely

America’s housing stock is failing to keep up with the needs of the present. According to the National Low Income Housing Coalition, the U.S. has a shortage of 7 million affordable and available rental homes for extremely low-income renters. New multi-family units are renting at prices cost-prohibitive for middle- and low-income renters. Nearly two-thirds of […]

Long Term Global Timber Supply Decline Signals Opportunity For U.S. Suppliers

Those of us whose livelihoods depend on international markets have experienced a couple of challenging years as most U.S. suppliers focused on supplying the domestic market and record high U.S. Softwood lumber prices placed U.S. Softwood lumber out of reach for many international buyers. However, as prices continue to soften in response to lower domestic […]

2021 APA Safety And Health Award Winners Announced

Program Honors Manufacturers’ Dedication to Workplace Safety and Operational Excellence APA – The Engineered Wood Association has announced the winners of its 2021 Safety and Health Awards. The APA Safety and Health Awards Program is the premier safety award program for the engineered wood products industry in North America. It encourages and recognizes operational excellence […]

New Research Highlights How Mass Timber Schools Benefit Students And Staff

New report explores how mass timber schools could boost well-being, cut carbon, and remain flexible without breaking the bank. How can we build schools that are adaptable, while supporting student well-being and learning? What role can biophilic design and mass timber play? And how do we cut carbon, while delivering better schools faster, without breaking […]

Retail Review – September/October 2022

84 Lumber Opens Its First Store In Michigan Eighty Four, PA— 84 Lumber, one of the nation’s largest privately-held building materials suppliers, recently announced the opening of its newest store in Commerce Charter Township, MI. This is the company’s first store in the state of Michigan. The brand new 42,000 square foot facility includes an […]