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Build more sawmills? https://www.wsj.com/articles/despite-lumber-boom-few-new-sawmills-coming-11621243982 https://www.wsj.com/articles/despite-lumber-boom-few-n

• hcurtiss 4y ago
  That article is comically wrong. There's over 4 billion board feet coming on line in the US South [1], and there have been several more recent announcements. There are fewer new mills anticipated in the PNW (though still some major announcements [2]), but that's mostly because log supply is declining at a rapid clip.[3] [1] https://forisk.com/blog/2021/09/15/sawmill-expansions-in-the-u-s-south/ https://forisk.com/blog/2021/09/15/sawmill-expansions-in-the... [2] https://www.timberprocessing.com/sierra-pacific-industries-announces-new-sawmills/ https://www.timberprocessing.com/sierra-pacific-industries-a... [3] https://www.forest2market.com/blog/are-you-planning-for-the-reduction-in-northwest-timber-supply https://www.forest2market.com/blog/are-you-planning-for-the-...
• sokoloff 4y ago
  Who wouldn't rush in to build a 20-year sawmill to take advantage of the very tail end of a 2-year temporary bulge in lumber prices? If it didn't make sense for you to build a sawmill in 2019, it probably didn't make sense to build one in 2021 either.