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Monadnock Ledger-Transcript - Spike in lumber prices hasn t trickled down to the region s timber producers yet

Monadnock Ledger-Transcript - Spike in lumber prices hasn t trickled down to the region s timber producers yet
ledgertranscript.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ledgertranscript.com Daily Mail and Mail on Sunday newspapers.

Spike in lumber prices hasn t translated much into higher timber value, at least not yet

Published: 4/10/2021 8:00:11 PM With lumber prices going through the roof from demand driven by pandemic changes, it seems like forest-filled New Hampshire should be reaping a windfall. But issues from the global supply chain to manpower limits to tree-species distribution means the benefit so far has been spotty at best, especially for landowners. “Not much of this has translated back to stumpage or standing timber. We’ve seen some slight increase but haven’t seen the type of price growth that lumber has seen,” said Jason Stock, executive director of the New Hampshire Timberland Owners Association. There’s no question that demand has soared for 2x4s, plywood and lumber of all kinds. Bored homeowners are doing upgrades they’ve been putting off for years, while the flight from crowded cities has raised home prices in rural and suburban areas, spurring new construction.

Valley News - Spike in lumber prices hasn t trickled down to the region s timber producers yet

Valley News - Spike in lumber prices hasn t trickled down to the region s timber producers yet
vnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vnews.com Daily Mail and Mail on Sunday newspapers.

Milan Lumber plans $12 million sawmill expansion

Print MILAN, N.H. – Milan Lumber Co. is embarking on a $12 million project to expand and upgrade its softwood sawmill. According to the Conway Daily Sun, plans include adding a new planer, a fifth dry kiln and new truck scales. In addition, the plant will be expanded to accommodate the new planer. Construction is expected to start in spring. Milan Lumber’s website states that the family-owned company employs 82 people and rocesses about 70 million board feet of lumber annually from trees procured from forest throughout the northeast. The New Hampshire Timberland Owners Association awarded Milan Lumber its Outstanding Forest industry Award in 2015.

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