By: The Working Forest Staff
Vancouver-based market research firm Wood Markets has been purchased by Forest Economic Advisors, based in Massachusetts. A statement from Wood Markets says the team in Vancouver will enhance FEA’s current products and services with more depth in terms of international supply trends and market dynamics, and will provide more strategic analysis in global costs and trade flows.
The FEA team is expected to provide Wood Markets with improved access to many economic and industry details, as well as the timberland business.
Russ Taylor, formerly the president of the International Wood Markets Group, has assumed the role of managing director of FEA-Canada. Taylor and his team will continue to spearhead the production of Wood Market’s key publications and Taylor will remain available to lead independent research projects.
FEA is an employee-owned economic forecasting and consulting firm that focuses on the global wood products and timber industries. FEA was founded in 2009 and has offices in Littleton, MA; Vancouver; Beijing, China; Auckland, New Zealand; Quebec City, Quebec; and Atlanta, Georgia.