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Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
Spot lumber prices have plummeted 75% from their May 2021 record high of $1,514 per thousand board feet to just $366 this week, roughly matching pre-pandemic levels, according to Random Lengths ...
There is some controversy over the management of Plum Creek's timberland, mostly from environmental groups who decry the recent move from Plum Creek as a timber management company into a developer of its land, taking advantage of the much more profitable land values that have occurred for undeveloped land in the late 1990s until the crash in real estate prices.
Four mills were sold to Interfor and the Shelton property was sold to Sierra Pacific Industries. [1] [2] The "Simpson Tacoma Kraft Company" produced pulpwood and linerboard products. Previously owned by St. Regis Corporation, [3] the mill on the shore of Commencement Bay was acquired by Simpson in 1985 and sold to RockTenn in 2014.
Pike Place Market is a public market in Seattle, Washington founded in 1907. [1] Throughout its history, in spite of various challenges brought about by changing ordinances and planning initiatives, it has operated without major interruptions, making it one of the oldest continuously operated public farmers' markets in the United States.
Sierra Pacific Industries (SPI) is the second-largest lumber producer in the United States. [1] A privately held company, it was co-founded in 1949 by R. H. Emmerson and his son, A. A. "Red" Emmerson, the long-term CEO, and A. A. Emmerson's sons George and Mark are now president and CEO.
Albert Camarillo, right, a Chicano studies scholar and author of "Compton in My Soul," a memoir about growing up in Compton during the 1950s and 1960s, speaks at Color Compton on Aug. 24, 2024.