Wood & Timber News

News Stories

  • Boiler issues compound troubles for Stored Solar’s biomass power plant in Maine [From the web]

    Although a lack of feedstock is a factor in the current shutdown of Stored Solar LLC's Washington County biomass power plant, the primary reason is a boiler leak that needs to be repaired before the plant can be brought back online. "It was discovered at the end More

  • City of Gainesville moving ahead with full price offer for biomass power plant [From the web]

    The Gainesville City Commission is moving forward with buying out the controversial biomass plant as a way to exit a multi-billion dollar contract. Commissioners voted 5-2 Wednesday for its utility’s general manager, Ed Bielarski, to draft a new memorandum of understanding (MOU) offering $750 million to buyout More

  • Index indicates remodeling activity still very good in the first quarter

    The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) rose to 58 in the first quarter of 2017, an increase of five points from the fourth quarter of 2016 and the highest reading since 2015. An RMI above 50 indicates that more remodelers report market More

  • IP, NFWF forest conservation efforts could protect 540,000 acres

    The National Fish and Wildlife Foundation (NFWF) and International Paper ( IP ) today announced that IP has renewed its five-year commitment while increasing its overall contribution to $10 million to the Forestland Stewards Initiative , one of the most effective public-private forest conservation partnerships in the More

  • Correction: WY 4Q timberland sales

    A correction to the April issue of RISI’s Timberland Markets Report : Weyerhaeuser in the fourth quarter sold a total of 44,000 acres for $85 million in several transactions across multiple states (not solely in Montana, as reported). Contacts said Stimson Lumber bought a good-sized chunk in More

  • WA cogeneration plant at former Nippon paper mill to close temporarily [From the web]

    The former Nippon Paper Industries USA cogeneration plant has been shut down and eight of its workers laid off as the paper mill breathed its last breath — in its present form — for up to 18 months, McKinley Paper Co. spokeswoman Cathy Price said Monday. Price, More

  • US finds China plywood subsidized, imposes duties

    US Department of Commerce (DOC) on Tuesday said it will impose countervailing duties ranging from 10 to 111% on imports of hardwood plywood from China, after announcing preliminary findings that China unfairly subsidizes its domestic producers.   Last year, imports of hardwood plywood from China were valued More

  • USDOC finds China subsidized hardwood plywood by rates ranging from 10-111%

    The Department of Commerce announced its affirmative preliminary determination in the CVD investigation of imports of hardwood plywood products from China. US Secretary of Commerce Wilbur Ross announced the initiation and preliminary decisions of antidumping (AD) and countervailing duty (CVD) investigations, by the Department of Commerce, concerning More

  • Mortgage applications, not adjusted for Good Friday, declined last week

    Mortgage applications decreased 1.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 14, 2017. This week's results do not include an adjustment for the Good Friday holiday. The Market Composite Index, a measure More

  • Preliminary anti-dumping duty determination delayed; CVD duty still on schedule

    The U.S. Department of Commerce announced the preliminary determination regarding the anti-dumping duty investigation will be delayed until June 23 after originally being scheduled for May 4. The preliminary determination for countervailing duties is still scheduled for April 24. The U.S. The US Lumber Coalition has also More