South Australia’s timber manufacturing sector is undergoing a revolution with one of the largest mills beginning a $20m upgrade and progressing plans for a biomass facility worth up to $100m. Source: The Border Watch
Forest Products Association of Canada and the Canadian government are working together towards becoming a world leading wood fibre supplier. Source: Timberbiz
Along with the rest of the world, we’re forecasting housing demand in 2014 and global economic growth in general with cautious optimism said Ed Elias, president of the APA-The Engineered Wood Association. Source: Woodworking Network (US)
Figures from the Australian Bureau of Statistics (ABS) show that new home lending remains steady while price growth has strengthened across Australia’s cities. Source: Timberbiz
The timber plantation on the Tiwi Islands has refused to die, it has been saved again with a new marketing deal worth up to $200 million over five years. Source: The Telegraph
New Zealand forest growers, long overshadowed by booming returns from the dairy industry, look set to cash in on record prices for logs as they prepare to harvest trees planted in a flurry of activity two decades ago. Source: Scoop NZ
CLICK HERE to subscribe to Daily Timber News, the FREE e-new delivered to your inbox 3 times/week with current national and international timber industry news.