With lumber companies being flush with cash from record prices in 2020 and 2021, there continues to be several new acquisitions and expansions in the global lumber business.  Assuming all the announced transactions are completed, an update of global sawmill capacities provides some insight into the scale of the top companies at the of 2021. There are now 26 companies that have lumber capacities more than 1.6 million cubic meters (or greater than about 1 billion board feet – nominal).  The order of the top global companies remains largely unchanged, but there are a few major ...