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09.02.2023 - Adjusted EBITDA loss of $69 million and Net Loss of $72 million BURNABY, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) - INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q4’22 of $72.2 million, or $1.40 per . ....
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US softwood lumber imports from offshore suppliers fell sharply in the fourth quarter of 2021, North American offshore exports gained ground after a lackluster start ....
Mireya villarreal tells us why. reporter: hard to tell from this view, but bob dixon s southeast alabama mill is considered small by industry standards. the whole game is to get this into somebody else s shed, not mine. reporter: he says logistical issues like staffing and delivery are making it hard to respond to the increase in lumber demand. the issue now with employees being paid to stay at home. it s no being paid to stay at home. it s not just our industry. it s everywhere you go. reporter: in addition to the logistical hurdles, mills are also facing soaring demands for home renovations. the result: lumber prices have tripled in the last 12 months since april, adding roughlyil, d $36,000 to the price of a new home. what are we talking about price increases? so this one is about 400%. the flooring, about 400%. the sheathing on the outside of the wall, almost 700% the last time i checked. reporter: birmingham builder alicia huey says higher prices threaten her busines ....