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Lumber Mart named Northwestern Lumber Association Dealer of the Year

Lumber Mart, Inc., located East Grand Forks, Minnesota / Grand Forks, North Dakota, was recently honored as the 2023 Northwestern Lumber Association (NLA) Dealer of the Year. ....

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Paul Gorte: The light still shines brightly in East Grand Forks

This article was written for the Herald's Greater Grand Forks Community section, which was published in the Herald's Aug. 27 print edition. ....

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10 stories you might have missed over the weekend

Here are 10 stories you might have missed over the weekend. ....

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Lumber prices, supply shortages and more have turned the local lumber industry on its head

According to the National Association of Home Builders, the price of lumber tripled between April 2020 and May 2021. It has devalued since last summer, but now it is beginning to rise again. Peabody, president of Lumber Mart Inc., estimates the normal cost per thousand used to be around $300 to $325 per thousand units, whereas during the pandemic, it hit a high of around $1,500 per thousand units. ....

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Soaring lumber prices concern Grand Forks' lumberyards, but construction is full-steam ahead

Soaring lumber prices concern Grand Forks lumberyards, but construction is full-steam ahead
According to the National Association of Home Builders, the price of lumber has tripled since April 2020. This adds an estimated $35,000 to the price of a single-family home. Framing lumber is being sold at around $1,200 per thousand board feet, up 250% since last April, when that amount was selling at about $350.
7:00 am, May 9, 2021
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Trent Peabody is president of Lumber Mart, Inc. which has locations on both sides of the Red River in Grand Forks and East Grand Forks. Photo taken Tuesday, April 27, 2021. Nick Nelson / Grand Forks HeraldNick Nelson / Grand Forks Herald ....

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