Anderson, California-based Sierra Pacific Industries is a family-owned forest products company. It is one of the largest U.S. lumber manufacturers and owns and manages more than 2.4 million acres of ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
A double in lumber prices so far in 2021 has helped push up the stock prices of companies involved in the production of wood. The commodity has seen a surging price as demand for homes continues to ...
Lumber futures are coming under pressure as the housing market gets more restrictive for new buyers. Lumber prices remain subdued below critical support at $1,000 per thousand board feet. Mortgage ...
President Trump's new tariffs on imported lumber went into effect Tuesday aimed at boosting the United State's timber production. They include a 10% tariff on all timber and lumber imports and a 25% ...
Seattle, Washington-based Weyerhaeuser Company (NYSE:WY) is a leading timberland company with ownership of nearly 10.6 million acres of timberlands in the United States and an additional 14.1 million ...
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