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Keyword: lumber

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  • The One-Stop Shop Guide to Lumber

    07/10/2016 8:54:19 PM PDT · by Eddie01 · 66 replies
    Art of Manliness ^ | March 4, 2015 | Staff
    As I’ve mentioned in previous posts over the years, while I’m not the handiest or craftiest guy, I do make an effort to expand my DIY skills when I can. One thing that often leaves me scratching my head is purchasing lumber whenever I take on a project that requires it. You’d think lumber would be simple; it’s just going and buying a piece of wood, right? But it’s surprisingly complex. There are so many choices that, even with a supply list in hand, I often find myself wandering the lumber section at the home improvement store for 20 minutes...
  • Resolute Forest cuts U.S. newsprint capacity, permanently shuts Georgia machine

    05/05/2016 7:08:57 AM PDT · by rickmichaels · 7 replies
    680 News ^ | May 5, 2016 | Canadian Press
    MONTREAL – Resolute Forest Products says it’s permanently shutting down one of its U.S. newsprint machines in response to ongoing challenges in the market. The Montreal-based pulp, paper and lumber producer says its U.S. mills are “especially vulnerable” in the present currency environment, when a strong American dollar weakens their competitive position. Resolute (TSX:RFP) recently announced price increases to its newsprint sales in the United States but doesn’t expect long-term demand to improve, unlike an anticipated recovery in demand for lumber for the U.S. housing market. The company says it anticipates a $20 million expense item will be recorded for...
  • The Most Economically-Correlated Commodity Is Flashing Red (Lumber)

    01/22/2015 5:58:17 AM PST · by blam · 29 replies
    Zero Hedge ^ | 1-22-1015 | Tyler Durden
    Tyler Durden 01/21/2015 While Crude Oil and Dr. Copper are often cited as economic indicators, as @Not_Jim_Cramer notes, in fact Lumber prices are the most correlated with ISM and GDP of all industrial commodities. That is a problem. Lumber prices are tumbling and are breaking the 6-year up-trend that has 'proved' the recovery. With no CCFD manipulation and less financialization than crude, perhaps Lumber is the real canary in the economic collapse coalmine... Lumber is the most correlated to ISM and GDP of all the industrial commodities... and that is not good for the US economy...
  • Red States Are Getting a New Shade of Redder-people who deny climate change most likely to suffer

    12/12/2014 1:28:28 AM PST · by Cincinatus' Wife · 42 replies
    Slate ^ | December 12, 2014 | Joshua Zaffos
    ".....Yuma,Colorado, a farming town of 3,500 people near the Kansas border, celebrated last month as homegrown Republican Cory Gardner was elected to the U.S. Senate. Gardner, a high school football player and the son of a farm equipment dealer, defeated incumbent Democratic Sen. Mark Udall to help the GOP gain control of the Senate in the second-most expensive congressional race of all time.Gardner represented Colorado’s 4th Congressional District for four years, an expansive territory that covers the mostly flat and rural eastern third of the state. Farmers there mostly grow corn to feed cattle, and water comes from the quickly...
  • Anyone Recognize This Cat? It Could Be Fifi Reincarnated.

    04/09/2014 11:04:03 AM PDT · by OneVike · 26 replies
    Everyone who knows me, knows that I am a die hard Evangelical Christian. I believe that when a Christian dies, they go to be with the Lord. Paul said it so eloquently in his second epistle to the Corinthians. 8:5, "We are confident, yes, well pleased rather to be absent from the body and to be present with the Lord." So, I do not believe in reincarnation. However, if ever there were a moment one might question the theory of reincarnation, this may be one.
  • Another Republican-Supporting Business Raided: Suspicion of Using Mongolian Wood

    09/28/2013 2:41:48 PM PDT · by lowbridge · 73 replies
    Thursday, Federal agents raided Lumber Liquidators. Lumber Liquidators advertises heavily on The Rush Limbaugh Show and even put in the flooring for one of Rush’s studios. The Richmond Times-Dispatch reports: "Agents from the Department of Homeland Security’s Immigration and Customs Enforcement, the U.S. Fish and Wildlife Service and the Department of Justice executed the search warrant at the company’s headquarters and plant near Williamsburg, said Brandon Montgomery, a spokesman for the Department of Homeland Security." The reason for the raid? Suspicion of using Mongolian Wood. Mongolian wood, apparently, is an imminent threat to Homeland Security.
  • Stock tumbles after raid of Lumber Liquidators

    09/27/2013 12:32:38 PM PDT · by SeekAndFind · 54 replies
    CNN Money ^ | 09/27/2013
    Federal investigators raided the offices of Lumber Liquidators on Thursday, the company and authorities said. Stocks of the hardwood flooring retailer fell sharply on Friday as the news emerged, dropping just over 10% at midday. No arrests were made and the search warrants remain sealed, said Brandon Montgomery, a spokesman for the Department of Homeland Security. He said the search involved special agents from the Immigrations and Customs Enforcement, U.S. Fish and Wildlife Service and the Department of Justice. Lumber Liquidators (LL) suggested the investigation involved its importation of wood products, which come from "approximately 110 domestic and international mills...
  • If the Economic Recovery Is Strong, Why Are Lumber Prices Falling?

    06/04/2013 1:37:36 PM PDT · by blam · 21 replies
    TMO ^ | 6-4-2013 | Sasha Cekerevac - InvestmentContrarian
    If the Economic Recovery Is Strong, Why Are Lumber Prices Falling? Economics / Economic Recovery Jun 04, 2013 - 07:05 PM GMT By: InvestmentContrarian Sasha Cekerevac writes: As we all know, the stock market is in record-setting territory. One would think that this must mean the economic recovery engineered by the Federal Reserve is surely in place, but it’s not. I believe that the economic recovery is far from being assured. The shocking thing to consider is how many trillions of dollars the Federal Reserve has pumped into the economy, and yet all we have to show for it is...
  • Bleeding Economic Indicators? Commodities, CDS and Industrial Production

    06/02/2013 5:19:30 PM PDT · by whitedog57 · 3 replies
    Confounded Interest ^ | 06/02/2013 | Anthony B. Sanders
    If you listen to the media, they continue to report that “everything is beautiful.” But not everything is beautiful, especially in Europe. Of course, gold and silver have been declining as of late. Not beautiful at all. But they are not traditional economic indicators. However, copper (green) and lumber are used in construction and they have been declining recently. Especially lumber {(purple) which has mounted a turnaround in the past week. The VIX (S&P 500 volatility index) is rising. China is still posting prodigious industrial production figures, the US not so much. But credit default swaps (aka, default insurance) are...
  • Lumber Sales Forecasting Stronger U.S. Housing Market

    05/03/2013 10:23:58 AM PDT · by blam · 12 replies
    The Market Oracle ^ | 5-3-2013 | Mitchell Clark
    Lumber Sales Forecasting Stronger U.S. Housing Market Housing-Market / US HousingMay 03, 2013 - 12:13 PM GMT By: DailyGainsLetterMirtchell Clark Mitchell Clark writes: Reflecting the strength in the U.S. housing market, Weyerhaeuser Company (NYSE/WY) reported very good financial results in its first quarter. The company’s 2013 first-quarter revenues leapt to $1.95 billion, way up from $1.49 billion in the same quarter last year, on solid demand from all its business lines. Net earnings grew significantly to $144 million, way up from earnings of $41.0 million in the same quarter last year. On the stock market, Weyerhaeuser is expensively priced, but...
  • Lumber tax a knot for retailers (Sneaky New CA Tax)

    01/13/2013 9:52:14 AM PST · by ProtectOurFreedom · 28 replies
    San Jose Mercury News ^ | 1/11/13 | Heather Somerville
    California's new 1% lumber tax has cost lumber yards thousands of dollars...raising the ire of retailers struggling to bounce back from the housing slump. ...the new law because it is full of contradictions, hidden costs and ambiguities. The tax applies to lumber and products that are at least 10% wood, although the rules are murky and lumber yards have varied interpretations of what should be taxed. The list of exclusions and caveats is numerous. Doors and moldings are not taxed, but wood shingles are. Fencing is taxed, unless the fence is made from remanufactured wood. Firewood is not taxed, although...
  • Vicksburg sawmill lays off 80

    12/06/2012 8:35:45 PM PST · by 2ndDivisionVet · 15 replies
    VICKSBURG, Miss. (AP) — About 80 employees at Anderson-Tully Company's sawmill operation at the Port of Vicksburg will be laid off by Jan. 4. The company tells the Vicksburg Post ( ) that the move has been in the works for two months because of a depressed housing market. Company president Richard Wilkerson says a second shift is being dropped...
  • South Korea on alert for possible Al Qaeda ship

    10/30/2003 11:45:39 AM PST · by FairOpinion · 20 replies · 441+ views
    Khaleej Times via Al Jazeera ^ | Oct. 30, 2003 | Agence France Presse
    SEOUL - South Korean security authorities were ready to carry out on-board inspections of a Bahama-registered freighter after being tipped off that the ship might carry some members of Al-Qaeda, police said on Thursday. The 17,000-tonne freighter, the Athenia, which was suspected of carrying members of Osama bin Laden’s Al Qaeda group, was due to arrive at the southwestern port of Kunsan late Thursday, the police said. “We have been informed that Al Qaeda members might be hiding in the ship,” a police officer in charge of foreign affairs in Kunsan Police station told AFP. “When the ship reaches the...
  • Was Russia's 'Hijacked' Ship Carrying Missiles to the Mideast?

    09/01/2009 8:51:14 AM PDT · by Mat_Helm · 20 replies · 1,635+ views
    Time ^ | Monday August 31, 2009 | Simon Shuster / Moscow
    In July, the Russian-manned cargo ship the Arctic Sea disappeared on its way to take timber from Finland to Algeria, sparking reports of the first incident of piracy in European waters since the days of the buccaneers. Experts and observers weighed in with their theories: the ship had been snatched in a commercial dispute; it was being used to run drugs; it was carrying something more precious — or dangerous — than timber. Since then, the Russian navy has found the ship, and the alleged hijackers who boarded it on July 24 have been charged with kidnapping and piracy. The...
  • Crew of Arctic Sea released after nearly two weeks

    08/31/2009 2:36:39 PM PDT · by Shermy · 4 replies · 262+ views
    HELSINGIN SANOMAT ^ | August 31, 2009
    The Russian security service released the crew of the Arctic Sea in Moscow on Sunday. The 11 members of the crew of the hijacked ship were flown from Cape Verde to Russia nearly two weeks ago. The Russian news agency Interfax reports that the men returned to their home town of Archangelsk, where they were met by their families. On Sunday, Russian authorities gave conflicting accounts of whether or not all of the crew would be released. The online portal reported that only nine members of the crew had been released. Rabbe von Hertzen of the Finnish National Bureau...
  • Russia says it tracked hijacked Arctic Sea all along, but questions grow over cargo(NK twist)

    08/26/2009 10:35:18 AM PDT · by TigerLikesRooster · 26 replies · 1,019+ views
    The Times (UK) ^ | 08/26/09 | Tony Halpin
    Russia says it tracked hijacked Arctic Sea all along, but questions grow over cargo Tony Halpin in Moscow Russia’s top general hinted today that the ship allegedly hijacked by pirates earlier this month may have been carrying a secret cargo, as it emerged that the country’s Navy tracked the vessel throughout its journey. President Medvedev sent the Russian Navy to find the Arctic Sea after it apparently disappeared while passing through the English Channel en route to Algeria from Finland. However, the Foreign Ministry in Moscow now says that Russian and international agencies had monitored the ship throughout its strange...
  • Hijacking Suspects Arrive in Moscow

    08/20/2009 1:56:12 PM PDT · by Shermy · 7 replies · 1,012+ views
    Moscow Times ^ | August 20, 2009
    The military airlifted the suspected hijackers of the Arctic Sea and most of its Russian crew from Cape Verde to Moscow on Thursday, after the lumber freighter mysteriously vanished and reappeared in the Atlantic. Eleven of the 15 crew members arrived in Moscow, while the captain and three sailors remained on the ship, which was adrift about 200 nautical miles from the West African island nation of Cape Verde. Defense Minister Anatoly Serdyukov said the freighter was sailing to the Black Sea port of Novorossiisk. The sailors and their suspected captors arrived in two separate Il-76 cargo jets at the...
  • Lumber Just Keeps Getting Crushed, Now Officially A "Reverse V"

    06/23/2010 2:19:33 PM PDT · by blam · 16 replies
    The Business Insider ^ | 6-23-2010 | Joe Weisenthal
    Lumber Just Keeps Getting Crushed, Now Officially A "Reverse V" Joe Weisenthal Jun. 23, 2010, 4:30 PM The horrible housing numbers has been bad news for lumber prices, something we've been paying close attention to lately. Futures were down again 3% today, and have almost completed a full "reverse V," returning to crisis-days levels. Image: FinViz
  • Experts: Lumber Prices Fall, and Economy May Follow

    06/17/2010 3:00:29 AM PDT · by TigerLikesRooster · 19 replies · 706+ views
    Money News ^ | 06/16/10 | Dan Weil
    Experts: Lumber Prices Fall, and Economy May Follow Wednesday, 16 Jun 2010 10:35 AM By: Dan Weil Prices of lumber and other raw materials are slumping, and that puts the economy at risk of a double-dip recession, experts say. Until recently, many economists were concerned about an outbreak of inflation. But in the wake of Europe’s debt crisis, many are now worried about deflation. Prices for framing lumber have dropped 21 percent just in the last five weeks, according to the National Association of Home Builders, reports. Other industrial material prices are slipping in synch. That doesn’t bode well...
  • Home Deopt plans to celebrate Gay Pride...(Vanity...Utah)

    05/28/2008 11:36:20 AM PDT · by The Axis Effect · 121 replies · 966+ views
    A Home Depot store in Utah plans to celebrate Gay pride in the Store with decorations of Rainbows and employee Tee shirts announcing gay pride. Inside sources say that this is something that will be devastating to business as most of the customer base tends to be on the Right side of the issue as they are mostly religious people. I am actively involved in this business and i dont want to be a part of it bacuae this is contrary to my belief and would like advice from more experienced FReepers on how best to disrupt these outrageous plans...
  • Termites in lumber stored in garage?

    01/05/2008 10:16:19 AM PST · by Drawsing · 14 replies · 119+ views
    Myself | Jan, 05, 2008 | drawsing
    I would like to continue storing my scrap lumber in the garage, but my wife is worried about termites. I told her that as long as it is stored off of the ground and not touching the walls that it is safe from termites. I cannot find the definitive word on the internet on this subject. Can someone here help me out? Thank you.
  • Keeping home fires burning ( Logging for Bio Mass Fuel )

    11/09/2007 8:31:14 AM PST · by george76 · 20 replies · 446+ views
    Rocky Mountain News ^ | November 9, 2007 | Roger Fillion
    New mill to turn dead trees into pellet fuel. Colorado's first wood-pellet mill owes its birth to pine beetles that are killing millions of trees near the town of Kremmling and across northwest Colorado. The diseased trees will be the new Kremmling mill's chief input - a new twist for the pellet-fuel industry. The 18,000-square-foot plant is billed as the largest west of the Mississippi. It's slated in February to start grinding trees into environmentally friendly pellets for wood-pellet stoves and industrial and commercial pellet boilers. Many of the trees are too skinny or too cracked and old to be...
  • Local log business looked at as model for state

    12/08/2007 2:43:21 PM PST · by george76 · 23 replies · 225+ views
    summit daily news ^ | December 8, 2007 | Lory Pounder
    Pine beetle kill trees have new purpose. Playing with Lincoln Logs as a child meant getting to be an architect constructing dream homes. Now, in Summit County, that toy is the inspiration for making those homes a reality while putting the lodgepole pine beetle kill trees to use. Using a log lathe machine, the bark is removed (which kills the pine beetle), smoothed and a notch is put in it similar to they way Lincoln Logs look so the logs will seamlessly fit together. And as this business has come together, it has gained state attention. Recently, a representative from...
  • Lots of logs, not enough loggers

    11/07/2007 1:21:09 PM PST · by george76 · 51 replies · 180+ views
    Vail Daily ^ | February 1, 2005 | Cliff Thompson
    When the U.S. Forest Service received no bids on two small timber sales in Eagle County earlier this year, the agency's local rangers encountered what is becoming a problem throughout the intermountain West. The federal agency got a lesson in market economics and the three-way tug of war over lumber in national forests. There were no bidders for the timber "salvage" sales designed to remove trees killed by infesting pine beetles. The Forest Service also wants to sell the dead trees so they won't add extra fuel to wildfires. The glut of dead trees is occurring at a time when...
  • Forest Service considers thinning near Estes Park ( reduce destructive wildfire potential )

    09/09/2007 7:21:56 PM PDT · by george76 · 21 replies · 533+ views
    Loveland Reporter-Herald ^ | September 09, 2007 | Ann Depperschmidt
    U.S. Forest Service officials have released a plan to reduce destructive wildfire potential on about 8,100 acres of forest land east of Estes Park. The goal of the Thompson River Fuel Reduction Project is to reduce the spread and intensity of wildfires that could affect private property and municipal water supplies in and around the Big and Little Thompson rivers and to protect the forest’s ecosystem. Historically, small fires thinned forest undergrowth and kept the chances for a large wildfire to a minimum. But through much of the 20th century, people suppressed those fires. That left a more dense undergrowth,...
  • Napa Lumber Yard Offers Yoga Classes

    03/06/2007 8:34:31 PM PST · by nickcarraway · 157+ views
    CBS5 ^ | Mar 6, 2007 | Mike Sugerman
    At Central Valley Lumber in Napa you'll find plywood, planks, pipes, and poses. "Put your hands on the floor...and let the top of the head descend," you hear among the orders for nails and two-by-fours. Here, contractors and clerks limber up, before they lumber up. It's a program called Yoga for the Construction Industry. Allan Nett is a contractor and a yoga teacher. You might not think the two professions should find such harmony. He'll tell you they do. "Am I standing squarely while I'm drilling a hole, rather than drilling it over to the side?", he asks, as he...
  • Logging on around Eagle ( Beetle killed trees to prevent fires )

    09/25/2006 8:54:25 AM PDT · by george76 · 11 replies · 567+ views
    Vail Daily ^ | September 24, 2006 | Corey Reynolds
    Logging trucks are again rumbling through town after a nearly 15-year hiatus. The Forest Service has reopened - or has plans to reopen - numerous drainages south of Eagle Ranch to logging... There are currently two active sales south of Eagle, with another in the works, said Cary Green, the White River National Forest's timber management assistant for the Eagle area. The 60-acre Beecher Gulch salvage timber sale, on Hardscrabble Mountain, sold in 2005, and about 500,000 board feet of timber is currently being harvested... A typical 2,000-square foot, single-family home requires about 27,000 board feet of framing lumber, paneling...
  • Brazil Says Amazon Destruction Declining ('But-monkey')

    09/13/2006 9:14:55 PM PDT · by DaveLoneRanger · 6 replies · 300+ views
    ABC News ^ | September 5, 2006 | Staff
    RIO DE JANEIRO, Brazil - The rate of destruction of the Amazon rain forest is slowing, although ranchers, loggers and soybean farmers are illegally removing thousands of square miles of trees each year, the Brazilian government said Tuesday. The rain forest, as big as Western Europe, lost 6,450 square miles between 2005 and 2006, a decrease of 11 percent from the year before, the environment ministry said citing preliminary figures. "We are now, once again, seeing a declining trend," Environment Minister Marina Silva told reporters in Brasilia, adding: "We have to combat illegal deforestation." Silva credited increased law enforcement and...
  • WTO rules against Canada in lumber feud with United States

    04/03/2006 7:03:33 PM PDT · by nypokerface · 44 replies · 890+ views
    AFP ^ | 04/03/06
    OTTAWA (AFP) - Canada's legal footing in a longstanding and bitter trade dispute with the United States over lumber was shaken by a WTO ruling that upheld US assertions Canada dumped softwood into its markets. The WTO panel found the US Department of Commerce was correct in its calculations that Canadian firms had sold timber cheaper in the United States than at home or below their production costs. The decision follows a previous WTO ruling that maintained how the United States calculated duties imposed on Canadian southbound softwood exports and a litany of NAFTA judgments that favored both sides on...
  • U.S. Congress cancels 'Byrd' softwood duty law

    02/02/2006 2:50:47 AM PST · by RWR8189 · 19 replies · 883+ views
    CTV ^ | February 1, 2006
    WASHINGTON — Congress put its final stamp of approval Wednesday on legislation dumping a trade law that allows U.S. companies to profit from penalties on Canadian imports like softwood lumber. The measure, which goes into effect Oct. 1, 2007, was part of a massive budget-cutting bill passed by the House of Representatives. President George W. Bush said in a statement he looked forward to signing the bill. Canada has always argued the so-called Byrd amendment must go. The five-year-old law allows the Treasury to funnel money from duties on imported goods directly to U.S. rival companies. It's still unclear what...
  • U.S. to comply with NAFTA order to cut lumber duties

    11/24/2005 12:40:16 AM PST · by Crackingham · 11 replies · 658+ views
    The Commerce Department said Tuesday it will comply with a NAFTA panel's order to drastically cut U.S. duties on imports of Canadian softwood lumber. U.S. officials said they disagree with the rationale behind the ruling, but respect its authority. The decision, announced late Tuesday, means the United States will reduce the punitive duties, which average about 16 percent, to less than 1 percent. Separate antidumping tariffs averaging about 4 percent will not be affected. Despite its action, the Commerce Department said it retains its right to appeal the NAFTA ruling, which it considers unfair. "We start off with a premise...
  • Byrd droppings (Is George Allen anti free trade?)

    11/23/2005 10:35:06 AM PST · by BransonRevival · 104 replies · 1,296+ views
    Amid its disarray last week, the House of Representatives did do one good deed: It included the repeal of the anti-trade Byrd Amendment as part of its budget reconciliation. The White House is also pushing repeal, so opponents are now hoping Senators (including a Republican who wants to run for President) will keep this protectionism alive. "Byrd" is named after West Virginia Senator Robert Byrd, who snuck it into a 2001 spending bill without debate. The amendment gives companies that sue for "anti-dumping" relief any duties that the government imposes on foreign competitors. U.S. companies that decline to join any...
  • Stones' keyboardist wins Bush environment award

    10/09/2005 2:30:49 PM PDT · by girlangler · 59 replies · 1,042+ views
    Associated Press ^ | October 5, 2005 | By John Helprin
    Stones' keyboardist wins Bush environment award By John Helprin Associated Press October 5, 2005 WASHINGTON -- The Rolling Stones' keyboardist has carved out a new role as the Bush administration's idea of the model conservationist. Chuck Leavell took time from the Stones' "A Bigger Bang" world tour to meet Tuesday with Interior Secretary Gale Norton, a day after playing the MCI Center. He and his wife, Rose Lane, were named "Outstanding Citizen Stewards" for their tree farming near Macon, Ga. Advertisement For him, it's only forests, family and rock and roll. "Her family has been connected to the land for...
  • WSJ: America's Bad Trade Example (Canada, lumber and NAFTA)

    10/07/2005 5:28:18 AM PDT · by OESY · 1 replies · 546+ views
    Wall Street Journal ^ | October 7, 2005 | Editorial (full text)
    "If Canada and the U.S., as close as they are, can't have an agreement that is respected, what does that say about the future of the rules-based international trading system?" That's the question posed to us by Canadian Prime Minister Paul Martin yesterday at the Journal's New York office almost as soon as he sat down. Mr. Martin was in town to speak to the Economic Club of New York. At the top of his list of priorities to put on the record, he told us, is Canada's deep dissatisfaction with the U.S. refusal to comply with multiple rulings that...
  • Mexican President Backs Canada in Lumber Dispute with US

    10/01/2005 7:33:18 AM PDT · by Our_Man_In_Gough_Island · 52 replies · 1,000+ views
    Voice of Americas ^ | 1 Oct 2005 | Staff
    Mexican President Vicente Fox has expressed support for Canada in its trade dispute with the United States over softwood lumber. Speaking in Vancouver, Canada Friday, Mr. Fox said the United States, Canada, and Mexico must abide by rulings made under the North American Free Trade Agreement, or NAFTA. A NAFTA arbitration panel recently ruled that the United States should not impose hefty tariffs on imported Canadian lumber. The United States has not lifted the tariffs. It says Canada's government subsidizes lumber exports, creating an unfair advantage over U.S. timber companies. Referring to the lumber dispute, Mr. Fox said Mexico regrets...
  • WSJ: Four Easy Pieces - Lumber, cement, shrimp and steel all have prices higher than necessary.

    09/09/2005 5:24:03 AM PDT · by OESY · 18 replies · 745+ views
    Wall Street Journal ^ | September 9, 2005 | Editorial
    If the feds really want to help the economy post-Katrina, here are four words: lumber, cement, shrimp and steel. They all have prices higher than necessary because of U.S. anti-dumping trade law. Start with lumber and cement, which will soon be in great demand to rebuild the tens of thousands of damaged homes. Prices are sure to rise as reconstruction begins, but thanks to U.S. tariffs as high as 27% on Canadian lumber, American home buyers already pay an extra $1,000 on average for their shelter. The same goes for U.S. duties on Mexican cement, which have averaged 55% since...
  • Canada suspends softwood talks with U.S.

    08/16/2005 12:09:54 PM PDT · by proud_yank · 107 replies · 1,308+ views
    CBC ^ | Aug 16, 2005 | CBC News
    Canada suspends softwood talks with U.S. Last Updated Tue, 16 Aug 2005 13:47:58 EDT CBC News Canada has suspended softwood lumber talks with the United States to protest America's refusal to heed a NAFTA ruling that sided with the Canadian position. A scheduled meeting that was to start the next round of talks in the dispute has been cancelled, with no hint of when talks might resume. "Following consultations with provincial governments, and in light of the U.S. response to the Aug. 10 decision of the NAFTA extraordinary challenge committee, the government of Canada has decided to not proceed with...
  • Canada will take action against U.S. in softwood dispute, Goodale says

    08/15/2005 4:56:21 PM PDT · by concrete is my business · 12 replies · 474+ views
    The Vancouver Sun ^ | August 15, 2005 | Canadian Press
    TORONTO (CP) - Dealing with the United States in trade disputes has been "a very painful experience" for Canada in recent years, federal Finance Minister Ralph Goodale said Monday. Goodale, speaking at the annual conference of the Association of Municipalities of Ontario, said Canada has been treated unfairly by the U.S. in disputes over such goods as wheat, beef and softwood lumber. The minister said he was "very disturbed" by the American response to a recent NAFTA panel ruling on the softwood lumber dispute that he called "absolutely clear cut and without equivocation in Canada's favour." Earlier this month, the...
  • WSJ: Trade War - U.S. tariffs on Canadian lumber hurt American home buyers.

    08/15/2005 5:49:58 AM PDT · by OESY · 26 replies · 1,047+ views
    Wall Street Journal ^ | August 15, 2005 | Editorial
    Homeowners and home buyers scored a rare... victory... when a three-person arbitration panel ruled unanimously that U.S. tariffs against imported Canadian softwood lumber violate the North American Free Trade Agreement (Nafta).... [R]escinding the tariffs will reduce the average construction cost of a new home by about $1,000 and make about 300,000 more moderate-income Americans eligible for mortgages. Instead of hailing the move as a welcome step toward more affordable housing, the Bush administration insists that it won't lift the tariffs, which can reach as high as 27%. It further plans to engage in more stalling tactics by appealing the decision...
  • Canada Claims Victory After Lumber Ruling

    08/10/2005 5:44:07 PM PDT · by B4Ranch · 38 replies · 624+ views ^ | 8/10/2005 | BETH DUFF-BROWN
    Canada Claims Victory After Lumber Ruling August 10th, 2005 @ 2:11pm By BETH DUFF-BROWN Associated Press Writer TORONTO (AP) - As Canada claimed victory in the softwood lumber dispute with the United States following a key NAFTA panel ruling on Wednesday, Washington replied it would keep hitting Ottawa with lumber tariffs and seek a negotiated settlement. An Extraordinary Challenge Committee of three judges _ two Canadians and one American _ set up by the North American Free Trade Agreement unanimously dismissed U.S. claims that an earlier NAFTA ruling in favor of Canada violated trade rules. That prompted Ottawa on Wednesday...
  • That Tree Stood for So Much

    07/06/2005 3:53:12 AM PDT · by Cincinatus' Wife · 66 replies · 1,540+ views
    LA Times ^ | uly 6, 2005 | Lee Romney
    ARCATA, Calif. — Jason Wilson was just 21 when a Lakota elder gave him a spirit name. Wilson, she said, was destined to carry a heavy weight. He would need the medicine of the name she offered, she told him, "to carry that weight in a good way, a strong way and as far as it needs to be carried." Three years later, on a September day in 1998, the bearded redhead from Missouri lay in a fetal curl on the floor of a Humboldt County forest, rocking and sobbing in the duff. Next to him was 24-year-old David Nathan...
  • CA: State report blames Pacific Lumber's owner for timber giant's financial woes (Maxxam)

    05/07/2005 3:32:51 PM PDT · by NormsRevenge · 6 replies · 409+ views
    Monterey Herald ^ | 5/7/05 | AP - Scotia
    SCOTIA, Calif. - Financially troubled Pacific Lumber Co. is the victim of its corporate owner's excesses, not increasing government restrictions on logging, according to a state water agency's controversial new study. The state Water Resources Control Board's 18-page report blames Texas-based Maxxam Inc. for shifting hundreds of millions of dollars in profits from Pacific Lumber in "subtle and complex ways," forcing the North Coast timber giant to cut trees "at rates that greatly exceed sustainable forest practices." The state report claims Maxxam has funneled nearly $725 million in Pacific Lumber earnings into its own Houston, Texas, coffers over the past...
  • Pacific Lumber announces mill closing, 101 jobs lost

    04/26/2005 6:27:16 PM PDT · by SmithL · 18 replies · 816+ views
    AP ^ | 4/26/5
    Fortuna, Calif. -- The Pacific Lumber Co. announced Tuesday it would close its Fortuna sawmill, after what the company described as "one of the most difficult seven months in the company's history." Pacific Lumber President and CEO Robert Manne said the company had been unable to harvest at sustainable levels and to get harvest plans approved by all state agencies in a timely manner.
  • U.S. threat aimed at NAFTA

    01/27/2005 1:31:46 PM PST · by Willie Green · 23 replies · 1,218+ views
    National Post ^ | January 26, 2005 | Peter Morton
    For education and discussion only. Not for commercial use. Pact undermines U.S. Constitution, lumber industry says WASHINGTON - Frustrated by legal challenges and stalled talks, the U.S. lumber industry is threatening an unprecedented constitutional challenge of NAFTA that could risk unravelling the decade-old free trade deal completely. The U.S. Coalition for Fair Lumber Imports yesterday confirmed statements by Sen. Michael Crapo of Idaho that it may file a lawsuit challenging the wide-ranging trade deal's authority over U.S. law. "The grounds would be that it is inconsistent with the U.S. Constitution and it violates our rights," said Harry Clark, a lawyer...
  • U.S. agrees to abide by NAFTA panel decision on Canadian softwood

    09/11/2004 9:39:16 AM PDT · by drtom · 22 replies · 401+ views
    Global News ^ | 10-Sep-2004 | Canadian Press
    VANCOUVER (CP) -- A U.S. trade body has agreed to comply with a NAFTA panel ruling concluding Canadian softwood lumber imports are no threat to the U.S. industry. In a response to the panel decision earlier this month, the U.S. International Trade Commission said it would conclude that "the U.S. softwood lumber industry is not threatened with material injury" by the Canadian imports. But the commission made it clear in a statement Friday it wasn't happy about doing so. "We disagree with the (NAFTA) panel's view that there is no substantial evidence to support a finding of threat of material...
  • U.S. to cut softwood lumber duty: B.C. minister

    06/03/2004 8:26:21 PM PDT · by RansomOttawa · 2 replies · 123+ views ^ | Thu. Jun. 3 2004 | News Staff
    U.S. to cut softwood lumber duty: B.C. minister News StaffCanada's softwood lumber industry will see U.S. duties on its products cut by half starting in January, B.C.'s forests minister says.Mike de Jong characterized the ruling as preliminary at this point, but said it pointed in the right direction.The duty is currently 27 per cent. That would be reduced to 13 per cent, he said.A federal official said the final determination won't come until December.The U.S. Commerce Dept. is being required to acknowledge its initial numbers for calculating duties were not correct, de Jong said.But duties have gone down in...
  • Lumber, plywood prices skyrocket

    05/05/2004 4:30:23 PM PDT · by snopercod · 112 replies · 8,329+ views
    New York Times via Houston Chronicle ^ | May 1, 2004 | BERNARD SIMON
    TORONTO — Lumber and plywood prices have shot up so rapidly in recent months that they are tearing the profit out of home construction for some builders and threatening to dent the booming housing market. Paul Kuszmaul, president of Kuszmaul Builders in Champion, Ohio, said the run-up in prices had left him unsure whether to push ahead with a condominium development in the Mahoning Valley, between Pittsburgh and Cleveland. Since January, he said, the cost to build each condo unit in the project had risen $4,000, largely because the price has more than doubled for oriented-strand board, a widely used...
  • Lowe's CEO sees no end to plywood price increases (FREEPER HELP NEEDED)

    04/06/2004 7:33:09 AM PDT · by The G Man · 86 replies · 1,420+ views
    ATLANTA, March 30 (Reuters) - The chief executive of home improvement retailer Lowe's Cos. (nyse: LOW - news - people) said on Tuesday that he does not expect plywood prices, which are up more than 100 percent in the past year, to decrease. "I don't think you'll see plywood prices come back down," Robert Tillman told a New York consumer conference in remarks carried over the Internet. "The supply is now pretty well managed. There's not an oversupply. There are fewer manufacturers." Tillman said prices of other wood may fluctuate. Lumber prices, specifically plywood and other structural panels used in...
  • WTO Panel: NO U.S. Duties on Canada Wood

    03/22/2004 1:11:22 PM PST · by Pikamax · 4 replies · 139+ views
    AP ^ | 03/22/04 | NAOMI KOPPEL
    WTO Panel: NO U.S. Duties on Canada Wood Monday March 22, 2004 8:46 PM By NAOMI KOPPEL Associated Press Writer GENEVA (AP) - The World Trade Organization sided with Canada Monday in a dispute with the United States over lumber duties. A WTO dispute panel ruled that some U.S. duties on Canadian lumber are illegal under international rules. Washington has the right to appeal. Canadian Trade Minister Jim Peterson called the decision a ``major victory for Canada.'' ``The WTO panel's message is clear - the countervailing and anti-dumping duties imposed by the United States on Canadian softwood lumber exports are...
  • WTO Rules in Favor of the United States Over Duties on Canadian Lumber

    01/19/2004 2:44:55 PM PST · by Jean S · 4 replies · 133+ views
    AP ^ | 1/19/04 | Naomi Koppel
    GENEVA (AP) - A World Trade Organization appeals panel gave a boost to the United States Monday, reversing most of an earlier ruling that said U.S. special duties on Canadian lumber were illegal. The panel agreed with U.S. claims that lumber from state-owned lands in Canada can be unfairly subsidized if provincial governments sell the wood at below-market price. Therefore the United States has the right to impose extra duties to prevent cheap Canadian wood harming U.S. manufacturers, the panel said. It stressed, however, that Washington would still have to carry out more extensive investigations before it could justify imposing...