COVID-19 impact on forestry significant but strong bounce-back expected: FEA

March 25, 2020
Category: Today's Takeaway

“Is the US in a recession? Technically no. In reality, HELL YES!”, says FEA’s Brendan Lowney re: COVID-19’s impact on the forest products sector. In related news: Ontario’s sawmills and forestry operations are declared essential, as are logging and milling in many states. Other headlines include: 

  • Resolute to adjust capacity in wood product and paper segments
  • NorSask slashes workforce by half due to COVID-19 uncertainty
  • Harmac Pacific working full out to make cedar pulp for medical masks
  • UK urges public not to visit the nation’s woods and forests
  • COVID-19 poses lethal threat to chimpanzees, gorillas and orangutans

In other news: the US votes to impose duties on Chinese cabinets; a new book tackles timber cruising; Kalesnikoff staffs up for CLT; and mass timber plans are unveiled in Los Angeles and the Philippines. 

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Kelly McCloskey, Tree Frog Editor 

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