Biewer Lumber Company, with corporate headquarters in St. Clair Michigan, has announced they are in the process of developing and building a new state-of-the-art sawmill to be located in Winona Mississippi. The new sawmill is expected to be completed and operational by January 2022.
Resolute Forest Products has announced that it plans to restart sawmill operations at their Ignace Ontario sawmill on February 8th, 2021. The plant was closed two years ago due to poor market conditions. However, in anticipation of improved market conditions, Resolute has kept a handful of employees working at the facility keeping it maintained and ready to restart.
Itasca Capital Ltd, has changed its name to GreenFirst Forest Products Inc. Effective January 13th, 2021, the company’s shares will be traded on the TSX Venture Exchange under the new name and trading under the symbol “GFP”.
Good Earth Power AZ and its operating entity, NewLife Forest Products, one of Arizona’s leading forest products company, has acquired the former Essity AB., tissue production plant in Bellemont Arizona.
AB Karl Hedin, one of Sweden’s leading privately owned wood groups, has announced their intention to build a new planing mill, with extra storage capacity and further timber kiln drying facilities at its sawmill in Krylbo, Avesta. The Krylbo spruce-pine sawmill has an annual production of capacity of 215,000m3.
Weston Forest with their head office located in Mississauga, Ontario, Canada, has announced that they have been acquired by the Watermill Group, a strategy driven private investment firm. Weston which operates eight facilities across eastern Canada and the U.S., provides niche market services and products that are vital to commercial and residential construction as well as the production and shipment of industrial goods.
Canfor has announced that their B.C. Christmas and New Year’s holiday scheduled has been altered this year. Growing demand for lumber products has reduced Christmas holiday downtime from the seven days down to just four days.
HS Timber Group, began construction of a new sawmill in Grodno region of Belarus. The softwood mill will process pine and spruce logs and is expected to have an annual operating capacity of 500,000 m3 when completed in the spring of 2022.
IFG plans to build new, large-scale softwood lumber mill in southern Mississippi. Operations are expected to begin in mid-2022.
All assets of Klausner Lumber Two LLC., located in Enfield, Halifax County, North Carolina were sold in a virtual auction which was held on Thursday, December 10th, 2020. The winning bid of $ 83.4 million was from the Austrian Binderholz Group, who outbid Mayr Melnhof Holz.