Tree Frog Forestry News

Daily Archives: April 29, 2013

Business & Politics

Resolute CEO sees future for Thunder Bay mill, but must become more competitive

TbNewsWatch.com
April 25, 2013
Category: Business & Politics
Region: Canada East, Canada

The president of Resolute Forest Products says he thinks the company’s Thunder Bay mill has a future in the pulp and paper business. But, added Richard Garneau, it won’t come easy. Facing a 10 per cent decline in demand over the first quarter of 2013 compared to a year ago, Garneau said the company had no choice but to temporarily shut down the plant this month, correcting a potential oversupply had the decision not been made.

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Will Plum Creek Timber Keep Growing Like a Weed?

Motley Fool
April 26, 2013
Category: Business & Politics
Region: United States

Next Monday, Plum Creek Timber will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

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This Industry Is Getting Chewed From Both Ends

Motley Fool
April 25, 2013
Category: Business & Politics
Region: United States

Homebuilders are probably breathing a sigh of relief right now, as new housing starts have finally broken to new five-year highs, and many analysts are expressing confidence in a new housing boom. On the other hand, that sound may not be a sigh but a gasp of horror. My colleague Maxx Chatsko recently wrote about the ferocious pine mountain beetle devastating North American forests. Lumber prices have nearly doubled over the past five years, as the beetle has consumed about 12% of the forested land west of the Mississippi, severely cutting into timber supplies.

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