Citing persistently weak market conditions, Interfor Corporation announced on Tuesday (4-30-24), that it plans to reduce its lumber production by approximately 175 million board feet between May and September 2024. The reduction in production represents just under 10% of Interfor’s operating stance.
News in lumber
Teal Jones Files for Creditor Protection at BC Supreme Court
On Thursday, BC-based Teal Jones filed for creditor protection at the BC Supreme Court, Global News reported.
GP’s Albany, GA, Lumber Mill Produces 1 Billion Board Feet in Just Four Years
Georgia-Pacific’s Albany, Geogia, sawmill produced its 1 billionth board foot of lumber just four years after the facility opened in 2020.
Canadian Industrial Product and Raw Materials Price Indexes Post Month-Over-Month Increases in March
The Industrial Product Price Index (IPPI) increased 0.8% on a monthly basis, following a 1.1% increase in February. Year-over-year, the IPPI posted a 0.5% decline.
Western Forest Products Announces Indefinite Curtailment of Its Alberni Pacific Division
Western announced the indefinite curtailment of its sawmill in Port Alberni, BC. The mill has been temporarily curtailed since fall 2022.
BC Government Continues to Invest in the Forest Sector
BC Premier David Eby said the province is partnering with forestry manufacturers to build a strong forest-product sector through significant capital expansion in their operations.
Reduced Black Hill National Forest Timber Sales Lead Nieman Enterprises to Cut Production and Headcount at Its Spearfish, SD, Sawmill
Nieman Enterprises plans to reduce production and the headcount at Spearfish Forest Products, South Dakota Public Broadcasting reported.
Two Rivers Lumber to Build Second Sawmill Facility in Kellyton, AL
Two Rivers Lumber Co. plans to build second sawmill in Alabama with an investment of $115 million, Business Alabama reported.
Canfor Permanently Closing Its Jackson, AL, Sawmill; Expanding Production in Fulton
Canfor said it is in the process of optimizing its footprint in southern Alabama by closing one facility while expanding production at another.
C&D Lumber in Riddle, OR, Will Cease Operations Effective May 2nd
C&D Lumber Co. plans to shut down its sawmill in Riddle, Oregon, effective May 2nd, The Oregonian reported.