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In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
Interfor Corporation is one of the largest lumber producers in the world. [3] The company's sawmilling operations have a combined manufacturing capacity of over 5.2 billion board feet of lumber with sales to North America, Asia-Pacific and Europe. Interfor is based in Vancouver, BC and employs approximately 5200 people. In May 2014, Interfor ...
More closings followed in 1997 and 1998, and the company sold off a number of additional operations, including the Weather-Seal door and window division in 1998. The California timberland was sold to Simpson Investment Company and Mendocino Redwood Company. [11] All told, LP sold over $875 million of assets during the three-year period.
On November 8, 2015, it was announced that Weyerhaeuser would buy Plum Creek Timber for $8.4 billion, forming the largest private owner of timberland in the United States. [18] The transaction closed on February 19, 2016. [19] At the time of the merger the combined companies own about 13,000,000 acres (20,000 sq mi; 53,000 km 2) of timberlands.
Lumber hit an all-time high of $1,686 per thousand board feet this month, surging by 406 percent from the $333 it was trading at the same time last year.
After lumber prices surged in 2021 and 2022, the lumber industry responded by investing to increase production. Many lumber veterans saw a long-term opportunity for increased demand for their ...
Pages in category "Forest products companies of the United States" The following 24 pages are in this category, out of 24 total. ... Stimson Lumber Company; U.