by Gordon Hamilton – Rebound in U.S. housing starts a big factor, along with continued business from China. After half a decade of depression, British Columbia sawmills are once again humming and forest companies are in the black, hitched to the twin trains of China’s appetite for B.C. wood and improving U.S. housing demand. “From what we can see, this looks like a solid recovery,” Gerry Van Leeuwen, vice-president of the Vancouver research firm Wood Markets, said of the U.S. housing market. “The builders and the lumber dealers (in the U.S.) are pretty excited. They think this is for real; that the recovery is really happening.” Lumber companies are not expressing the same degree of optimism; they have been burned twice before by false starts from the U.S. in the last two years.
Oct 04, 2012
Vancouver Sun http://www.vancouversun.com/business/sawmillls+finally+start+recover/7346422/story.html
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