Industry News
What’s Next?
As I look at my little boys I often think about what’s next for them; how can I set them up for success? Is playing ball their future? Am I doing right by forcing them to eat zoodles? In my personal life, in the daily grind, it is easy to see how fast (and slow) time moves. I know one day I will no longer be my kids’ taxi service and will be ugly crying at their high school graduations. But that’s expected: the natural order of time marching on.
Enviva Establishes Heirs Property Fund
Enviva Inc., the world’s largest producer of industrial wood pellets, has announced the establishment of the Enviva Heirs Property Fund (EHPF), an initiative dedicated to ending involuntary land loss across the U.S. Southeast. Enviva has formally…
Pumpin’ Pain
This month I was determined to find out how rapidly increasing fuel prices are impacting the logging industry, so I reached out to a lot of the people I know. I got enough responses to fill the whole issue, but I only have a page available, so I was forced to cut out a lot of really good observations. Here we go…
Paper Excellence Group Buys Resolute Forest Products
The Paper Excellence Group (PEG) has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at $2.7 billion U.S. In a statement, Patrick Loulou, PEG chief strategy officer, said Resolute is an ideal fit for the…
Lumber Markets Keep Growing
Teal Jones Group marked the beginning of construction of an $110 million SYP sawmill near Plain Dealing, La. on July 11 with a groundbreaking ceremony. Canada-based Teal Jones Group had disclosed in December it was…
PotlatchDeltic Redoing Waldo
PotlatchDeltic Corp. is investing $131 million to expand and modernize its sawmill located in Waldo, Ark. The project will increase the mill’s annual production capacity from 190MMBF of southern yellow pine dimension lumber to 275MMBF. The company…
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