Industry News

An affiliate of Grand Rapids Township wood products manufacturer UFP Industries Inc. has acquired a 50-percent equity stake in a key supplier based in South Carolina. UFP affiliate PalletOne Inc. acquired the equity stake in Orangeburg, S.C.-based Dempsey Wood Products LLC, the companies announced on Monday. The purchase agreement also includes options for PalletOne to
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The United States Forest Service, an agency of the U.S. Department of Agriculture (USDA), and the Oregon City, Oregon-based Softwood Lumber Board (SLB) have announced the six winning proposals in the $2 million design competition, Mass Timber Competition: Building to Net-Zero Carbon. The winning submissions—all of which “exemplified capabilities to design and construct mass timber
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From left to right, Tony Brookhouse, Denise Brookhouse, and Dirk Koopman. WHITINSVILLE, Mass. — Koopman Lumber, a family-owned and -operated business since 1939 with 10 locations in eastern Massachusetts, has acquired Boilard Lumber, another family-owned and -operated retail lumber yard providing quality building supplies since 1936 in Indian Orchard, Massachusetts. “We’re excited about the opportunities
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LP Building Solutions NASHVILLE, Tenn. — LP Building Solutions (LP) has been recognized as a 2022 Top Workplaces of Middle Tennessee honoree by The Tennessean, the state’s largest newspaper and part of the USA Today network. Winners of the annual award are determined based solely on anonymous employee feedback collected via a survey administered by The Tennessean’s industry research partner,
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WASHINGTON – Pending home sales crept higher in May, ending a six-month streak of declines, according to the National Association of Realtors. Regionally, month-over-month results were mixed as the Northeast and South experienced increases while the Midwest and West posted decreases. Year-over-year contract activity slid in all four major regions. The Pending Home Sales Index
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Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus to OOO Bison, owned by Aleksey Voronkevich, whose company Dormashimport has been responsible for the retail of PONSSE forest machines in the eastern parts of Russia since 2007. The companies will not disclose the price of the transaction.
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Standing: Lynne Leon, COO, Nak’azdli Whut’en; Councillor Leonard Thomas, Nak’azdli Whut’en; Councillor Catherine Lessard, Nak’azdli Whut’en; Bernard Tobin, Forestry Consultant, Nak’azdli Whut’en; Councillor Alyssa Lepka, Nak’azdli Whut’en; Councillor Nolan Sadalon, Nak’azdli Whut’en; Councillor Murial Sam, Nak’azdli Whut’en; Dyon Armstrong, Vice President, Dunkley Lumber; Jeremy Cover, Planning Forester, Dunkley Lumber; JP Wenger, Woodlands Manager, Nak’azdli Whut’en.
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UFP Industries, Inc. GRAND RAPIDS, Mich., June 27, 2022 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of Dempsey after three years. Founded in
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Simpcw Resources Group’s forestry department is preparing, submitting, and implementing rehabilitation plans for several wildfires that burned near Clearwater and Vavenby, B.C. Working with the B.C. Ministry of Forests and Simpcw Band Entrepreneurs, this rehabilitation project aims to restore fireguards established during wildfire suppression efforts conducted during the 2021 wildfire season. As part of the
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