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Net income Up 56% at Plum Creek During 3Q

Net income at Plum Creek rose 56% from the same period a year ago to reach $50 million during the third quarter, the company announced. Total revenues at the Seattle-based timber harvesting and lumber manufacturing company also increased 13% to hit $293 million. More

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Potlatch's Third Quarter Earnings Leap 41%

Potlatch's third quarter net earnings jumped 41% from the same period a year ago to $25.6 million, despite an almost 4% drop in revenues to $152.9 million, the company reported. More

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Temple-Inland's Net Income Nosedives 95% During 3Q

Temple-Inland's net income plummeted 95% during the third quarter, compared with the same period last year, to $6 million, despite a 1% rise in net sales to $974 million, the corrugated packaging and building material manufacturer reported. More

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2Q11 Proves Difficult for Lumber Industry as Numbers Dip

The second quarter was another dismal period for lumber manufacturers and timber harvesters as weak lumber pricing and a lagging housing industry continued to take its toll. More

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2Q Net Income Falls at Georgia Gulf's Building Products Segment

Operating income at Georgia Gulf's building products segment fell 9.6%, compared to the same period a year ago, to $16.9 million, despite a 12% jump in sales to $274.2 million during the second quarter ended June 30, the company announced. More

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Sales Rise, Earnings Fall at Owens Corning's Buildings Group in 2Q

Owens Corning's building materials segment, which includes its roofing and insulation businesses, reported a 3.6% increase in net sales in the second quarter from the year-earlier period to reach $971 million, while earnings before interest and taxes (EBIT) fell 12.7% to $103 million More

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Canfor's 2Q Net Shrinks on Lumber Losses

Driven by a swing to a loss in its lumber segment, Canfor Corp.'s overall net income fell 18.9% in the second quarter from the year-earlier period to reach to C$26.2 million (US$27 million) on a 2.5% drop in sales to C$619.1 million (US$637.7 million). More

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Plum Creek's 2Q Net Increases 26% Despite Weak Timber, Milling Units

Net income at Plum Creek Timber increased 26% in the second quarter from a year earlier to reach $44 million, the company announced. Revenues at the timber harvester and lumber manufacturer increased 10% to $284 million. More

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BFS' Red Ink Turns Lighter in 2Q

Builders FirstSource, America's ninth-biggest pro-oriented building materials dealer, reported its net loss improved to $15.5 million in the second quarter from $19 million in the year-earlier period despite a 2.4% drop in sales to $206.4 million. More

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Ainsworth Reports Huge Net Income Jump During 1Q

Ainsworth posted net income of C$77.7 million (US$80 million) during the first quarter of 2011, due mainly to a C$72.5 million (US$74.6 million) purchase gain on the acquisition of the remaining 50% interest in the High Level mill from Grant Forest Products, the company announced today. More

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