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![]() ![]() F2M NewsroomBelow you'll find previous F2M news releases. If you would like to receive future press releases please contact, Forest2Market. South Carolina's Pulpwood Prices Boosted by Housing Slump, ExportsDespite the slowing national economy, pulpwood prices in coastal South Carolina have been resilient because of decreased lumber production and increased exports, an expert in the forest products industry said Tuesday.Forest Industry Positioned to Survive Housing DownturnDespite the slowing housing market and subsequent downturn afflicting lumber mills, forests in the Pacific Northwest remain a valuable resource with important products that are still in demand, an expert in the forest industry said Monday.Demand for Region's Pulpwood on the RiseThe slowing housing market, combined with increased demand from facilities that make wood pellets for fuel, should boost pulpwood prices in southern Georgia, Alabama and the Florida Panhandle as mills compete for raw materials, an expert in the forest products industry said Wednesday.Pacific Northwest Must Seek New Path Out of the Current CrisisThe Pacific Northwest forest products industry, riding the current swell of unprecedented foreclosure rates, must make strategic cuts to mitigate the effects off the current credit crisis. Evidence of such decisions is rampant. Mills are shutting down throughout the Pacific Northwest, and thousands of jobs are at risk. The strategies mills and timberland owners will use to stay afloat today must differ radically from those in the past.Housing Sector Forces Mills to Cut Production, Timber Prices FallingTimber prices in western South Carolina could reach historic lows this summer, prompted by closures and shift reductions at area mills, an expert in the forest products industry said Tuesday.Timber Prices High, but Forest Industry Slowing DownWet weather and plywood mills have kept timber prices elevated in northern Louisiana despite the struggling housing market, but the weakening economy is expected to pull prices down in the spring, an expert in the forest products industry said Tuesday.Housing, Drought Impact Housing MarketThe struggling housing market has forced mill closures and lumber production cutbacks in eastern North Carolina and Virginia, and the regional drought has driven timber prices to their lowest levels in almost a year, an expert in the forest products industry said Tuesday.F2M CEO Pete Stewart to Speak at Global Forest Industry ConferenceForest2Market President and CEO Pete Stewart will deliver a speech about wood-based energy and the demand for pulpwood at the 2008 Pulp and Paper Strategies Conference in Miami.Forest2Market Establishes Pacific-Northwest OfficeForest2Market (F2M) has expanded to the Pacific Northwest. Gordon Culbertson, a veteran of the industry with more than 30 years of experience, has joined Forest2Market to lead its business in Oregon, Washington, California, Idaho and Montana.Forest Products Industry Impacted By Higher CostsHigher raw material costs continue to hamper the forest products industry, negatively impacting earnings during the first quarter of 2007. Prices for delivered logs and chips increased during the first quarter costing paper, paperboard and solid wood manufacturers $2.4 billion.Sawmills squeezed as consumers benefitLand owners, timber producers and sawmills suffer as prices for pine saw timber declined dramatically in 2006. At the same time, the data shows consumers are enjoying the best lumber prices from their local hardware stores in more than 18 months.South Carolina Landowners Encouraged to Plant TreesWith three new wood products mills coming to South Carolina within the next two years and an announcement of a fourth mill expected soon, the Palmetto State needs increased tree planting to support its growing timber industry.NC Extension Forestry, SC Forestry Commission subscribe to F2MForest2Market, Inc. (F2M) has added two new timber price reports to its roster of publications, it was announced today by Pete Stewart, company president and founder. The new reports will be issued quarterly for North and South Carolina.The Georgia Forestry Commission subscribes to F2MThe Georgia Timber Report, will be issued quarterly for The Georgia Forestry Commission.F2M Launches Industry Benchmark ServiceNext month, Forest2Market, Inc. (F2M), a Charlotte-based provider of raw material pricing data for the forest products industry, will unveil a new service that will allow forest products companies to evaluate their performance against their peers – a first for an industry known for being highly fragmented. |
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