Latest Lumber and timber industry News

Ellison's home improvement at Lowe's is paying off

Aug. 21, 2019 2:57 PM EDT

Lowe's blew past second quarter profit expectations, buoyed by strong demand for spring goods and sales to contractors. Even though the home improvement retailer wrestled with lower lumber prices and rough spring weather, CEO Marvin Ellison said Lowe's saw growth in same-store sales across the U.S. "Our...

Belfast startup buys idled paper mill

Aug. 20, 2019 5:39 PM EDT

MADISON, Maine (AP) — A Belfast startup says it has bought the former Madison Paper Industries mill. The Bangor Daily News reports that building products manufacturing startup GO Lab indicated the deal was worth $1.9 million. The company plans to make wood fiber insulation from softwood chips. Josh Henry,...

Execs starting to worry about tariffs' effects on consumers

Aug. 20, 2019 4:38 PM EDT

Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday, when it reported...

Timber firm halting operations at south Arkansas sawmill

Aug. 14, 2019 6:20 PM EDT

LITTLE ROCK, Ark. (AP) — A Canadian timber company says it's ceasing operations at its sawmill in south Arkansas, a move the firm says will affect about 92 employees. Conifex Timber Inc. said Wednesday it will phase in the curtailment of its El Dorado sawmill over the next 60 days. The company's CEO says...

Editorials from around Pennsylvania

Aug. 7, 2019 6:19 PM EDT

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Latest mass shooting hits home The Altoona Mirror Aug. 6 Residents of this part of Pennsylvania have been watching and grieving, along with other people across the nation, as mass shootings have grown both in frequency and in the...

Virginia's destroyed 'Founding Forest' may be bouncing back

Aug. 4, 2019 9:01 AM EDT

WAVERLY, Va. (AP) — On a cloudy day, Rebecca Wilson strolled along a sandy path at a nature preserve brimming with young longleaf pine — a peculiar tree with long green needles and a taste for fire. Reaching up to the middle of one, she pulled down a branch and spread some needles. She was eager to...

Local railroad model draws international interest

Aug. 3, 2019 10:44 AM EDT

PRINCETON, W.Va. (AP) — A local replica is drawing people from across the globe even while in progress. The work-in-progress railroad model, at the Princeton Railroad Museum, has already drawn in thousands of guests. Measuring at a whopping 22 by 16 feet, the model is something to behold. "The farthest...

On the North Shore, many hands work to help a dying forest

Aug. 3, 2019 1:06 AM EDT

SCHROEDER, Minn. (AP) — Northern Minnesota once boasted stands of massive white and red pine — giants that lived up to 350 years, with trunks 4 or 5 feet in diameter. When they were logged out, trees with shorter life spans, like birch, took their place. Now, those trees are dying off. What's the...

Report: WV governor's companies owe $2M Virginia tax debt

Aug. 1, 2019 2:52 PM EDT

ROANOKE, Va. (AP) — West Virginia Gov. Jim Justice's companies owe almost $2 million in delinquent taxes in Virginia, according to records obtained by WDBJ-TV . The Roanoke-based station reported Wednesday that companies owned by the Republican governor owe $1.9 million in taxes to several counties in...

Idaho land managers plan timber sales of moth-damaged trees

Jul. 30, 2019 6:38 PM EDT

BOISE, Idaho (AP) — Salvage logging of moth-killed Douglas fir and grand fir trees followed by replanting with a mix of species will improve the overall health and increase profitability of a western Idaho forest, state officials said Tuesday. State forester David Groeschl of the Idaho Department of Lands...