Norbord Inc. announced that it has completed its offering of $315 million aggregate principal amount of 6.25 percent Senior Secured Notes due 2023. Earlier Norbord has expressed its intend to use the pet proceeds from this offering, along with cash …

Demand of nuclear family homes gets higher in April as National Association of Home Builders (NAHB) /Wells Fargo Housing market Index (HMI) study revealed that 4 more points adds to the previous 52 points. That means the current index stands …

Luxor, a wood construction mat and laminated beam manufacturer has witnessed 250 percent growth in the first quarter, exceeding $995,000.   Sales growth in wood access mat and crane mat manufacturing help Luxor to observe this overwhelming growth. These are …

Most analysts are saying it will be several months before oil prices rebound and start boosting Alberta’s bottom line again, but another industry is poised for a strong surge this year: forestry.   Scotiabank Economist Patricia Mohr tells a website, …

CNC software, Inc chairman Mark Summers has appointed his daughter Meghan Summers as president of CNC tools machines to uphold the family legacy at the company. Mark Summers made the announcement before his all 139 employees on Thursday, April 2 …

CFLR released the report to analyze first five years of its ten year long forest landscape restoration program. The purpose of the Collaborative Forest Landscape Restoration Program is to encourage the collaborative, science-based ecosystem restoration of priority forest landscapes. CFLR …

Graco Inc. announced that it has completed Liquid Finishing business assets to Carlisle Companies Incorporated for $590 million, subject to customary post-closing adjustments.   Net proceeds from Graco’s investment in the Liquid Finishing business assets and the sale transaction is …

The Argentina Federation of Wood Industries and Allied expresses its deep concern over the forest emergency situation facing our country. In recent weeks the producers of the value chain of wood and furniture have been through a combination of two …

Plum Creek Timber Company, Inc. a nuclear and renewable energy supplier has appointed Laura Clise as director. The alumni of Thunderbird School of Global Management will be responsible for implementing and enhancing the company’s sustainability program.   “At Plum Creek, …

The Forest Products Association of Canada (FPAC) and its members understand and embrace the value and importance of managing Canada’s forests responsibly. Canada has the second largest forest cover in the world. We harvest much less than 1% of the …