Wood Business

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AFPA sees strongest growth since 2010

Values of lumber, panelboard, and pulp and paper manufactured by Alberta Forest Products Association-member companies totaled approximately $582 million for the 2nd quarter of 2012.

August 24, 2012

The value of production was up $31 million from the same period last year and increased roughly $37 million from the 1st quarter of 2012.

“I am really encouraged by the positive growth that our industry has seen,” said AFPA President and CEO Brady Whittaker. “The trend in lumber and panel pricing is optimistic. A stronger industry has a noticeable impact on the communities that our members operate in.”

Whittaker also noted that economic uncertainty in Europe and low demand in the Asian pulp market have affected global pulp prices. “While prices remain above their 10 year average, we have seen declines in the pulp market over the last several quarters. We are hopeful that greater certainty in the global economy will reverse this trend soon.”