Boise Cascade Company reported net income of $104.1 million, or $2.61 per share.
The transaction, scheduled to close on Friday, May 17th, marks R.P. Lumber’s fourth acquisition this year and its first location in Carroll County.
In the week ending April 26, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $408.
Exports of wood chips from Chile increased 23%.
Price for lumber exported from Sweden to the U.S. downed 5%.
Looking ahead to the second quarter of 2024, company predicts a mild softening of timber prices as weather conditions improve and the availability of raw materials increases.
Binational ruling impacts British Columbia's forestry sector
Surges from fourth to first in rankings, birch plywood makes up 77% of Q1 2024 shipments.
The central warehouse will supply all the company’s 116 Swedish branches with building materials and deliver them directly to construction sites. The new warehouse also enables day-to-day delivery to almost all of Sweden.
The acquisition of Express Pallets & Crates will finalise on 1 July 2024, subject to all Completion Precedents being met.
Q1 2024 Adjusted operating profit decreased by Euro 39.1 million from Euro 78.7 million to Euro 39.6 million.
With this acquisition, Culpeper Wood Preservers adds additional drying capacity for hardwoods and softwoods. Culpeper now has 18 facilities within its footprint.
Välinge’s 5G technology in Parador’s new collection of engineered wood floors.
The Madison’s Lumber Prices Index for the week ending May 03, 2024 was US$417 mfbm.
Changes in Ponsse’s operating model and related cooperation negotiations resulted in the termination of 21 employment contracts in Finland and about 40 outside Finland.
As of Monday, May 6, Fabrizio Anzalone takes over the management of the United States, Canada, and Mexico subsidiaries of SCM.