Softwood lumber duties on Canadian shipments to the US nearly doubled, to the endless consternation of Canadian suppliers. In the week ending August 1, 2025, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$533 mfbm. This was up +$6, or +1%,from the previous week when it was $527, said […]
Do it Best and True Value Name Stefanie Couch as Brand Partner to Drive Growth
Do it Best and True Value are proud to announce Stefanie Couch, founder of Grit Blueprint, as a brand partner, a move aimed at enhancing brand visibility and delivering innovative, real-world strategies to help independent businesses thrive. This collaboration represents a powerful alignment of shared values, entrepreneurial drive, operational excellence, and a deep commitment to […]
Statistics Canada: Building Permits, June 2025
In June, the total value of building permits issued in Canada decreased by $1.2 billion (-9.0%) to $12.0 billion. Ontario’s institutional component (-$1.4 billion) led the decline in construction intentions in June, after driving the growth in May. On a constant dollar basis (2023=100), the total value of building permits issued in June decreased 9.5% from the previous month and […]
Madison’s Lumber Prices Index August 8, 2025: US$567 mfbm
The Madison’s Lumber Prices Index for the week ending August 8, 2025 is: US$567 mfbm. This is up +2%, or +$11, from the previous week when it was US$556. This is up +7%, or +$37, from one month ago when it was US$530. For information regarding the construction of this Index (species mix, weighed averages) please go here: https://madisonsreport.com/madisons-lumber-prices-index-a-powerful-tool-for-data-driven-decision-making/ About […]
Hillenbrand Reports Fiscal Third Quarter 2025 Results
Hillenbrand, Inc., a leading global provider of highly-engineered processing equipment and integrated solutions, reported results for the fiscal third quarter, which ended June 30, 2025. Reported results for the fiscal third quarter exclude the divested MIME business in both the consolidated and Molding Technology Solutions (MTS) segment results. “We continued to advance our strategic initiatives […]
LP Building Solutions Appoints Lynn Cobb as Vice President, Marketing
LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced the appointment of Lynn Cobb as Vice President of Marketing, effective immediately. “Lynn brings more than 25 years of marketing leadership and a proven ability to drive strategic growth through data, technology, and customer insight,” said LP Senior Vice President, Chief Commercial Officer Craig Sichling. “Her expertise in […]
Builders FirstSource Announces Dual Listing on NYSE Texas
Builders FirstSource, Inc. announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same “BLDR” ticker symbol on NYSE Texas. Peter Jackson, CEO of Builders FirstSource, […]
PPG Appoints Joe Gette as Senior Vice President, General Counsel and Secretary
PPG announced the appointment of Joe Gette, 53, currently vice president, deputy general counsel and secretary, as senior vice president, general counsel and secretary, effective Jan. 1, 2026. He will also join the company’s operating and executive committees, reporting to PPG chairman and CEO Tim Knavish. In this role, Gette will succeed Anne M. Foulkes, […]
U.S. Lumber Coalition: U.S. Commerce Department Takes Enforcement Steps Against Harmful Canadian Subsidies While Canada Escalates Unfair Trade Practices with New Massive $1.2 Billion Subsidy Announcement for Canada’s Lumber Industry
The U.S. Department of Commerce announced the final anti-subsidy rate of 14.63% in the sixth annual review of unfairly traded Canadian softwood lumber imports into the United States. The review covers lumber imported in calendar year 2023. Meanwhile, over the last 72 hours, Canada has once again demonstrated its willingness to flout U.S. trade laws […]
BC Lumber Trade Council Responds to U.S. Decision to Double Countervailing Duties on Canadian Softwood Lumber
The BC Lumber Trade Council (BCLTC) is expressing strong concern following the U.S. Department of Commerce’s final decision to more than double countervailing duties on Canadian softwood lumber imports—from 6.74% to 14.63%. Combined with the recently increased anti-dumping duty of 20.56%, the total duty level now stands at 35.19%. “This decision will harm communities on […]