BC is contributing as much as $6.49 million (CAD) through the BC Manufacturing Jobs Fund to fund three capital projects and three planning projects.
News in lumber
US International Trade Commission Affirms Determinations in Five-Year Reviews Concerning Certain Softwood Lumber Products From Canada
The US International Trade Commission made an affirmative determination in its five-year (sunset) review process concerning certain softwood lumber products from Canada.
Boise Cascade Announces Indefinite Curtailment of Lumber Production in Chapman, Alabama
Boise Cascade announced the indefinite curtailment of lumber production at its Chapman, Alabama, sawmill. Operations are scheduled to cease on January 28th, 2024.
West Fraser Completes Acquisition of Spray Lake Sawmills in Cochrane, Alberta
West Fraser Timber Company announced that it has completed the acquisition of Spray Lake Sawmills located in Cochrane, Alberta.
Canada’s Industrial Product and Raw Materials Price Indexes Both Decline in October
The price of softwood lumber declined 6.4% in October—the largest monthly decrease since March, when it fell 6.7%
Canfor Announces Extended Curtailment Plan for Its Polar Sawmill in Bear Lake, BC
Citing a shortage of economically available fiber in the region, Canfor Corporation announced it will curtail operations at its Polar Sawmill in Bear Lake, BC, following an orderly wind down of operations.
BC Announces Additional Investments to Help Manufacturing Companies Grow in Northern BC
BC announced that it is investing more than $1.2 million (CAD) in a variety of expansion projects to help manufacturing companies grow.
Canadian Lumber Production and Shipments Increase Month-Over-Month in August
Lumber production throughout Canada increased 15.0% month-over-month in August to 4,067.9 thousand cubic meters.
West Fraser Announces Third Expansion at Its Newberry, SC, Sawmill
West Fraser announced plans to invest $17.7 million in the third expansion in 10 years at its Newberry, South Carolina, sawmill facility, the Longview News-Journal reported.
NAFTA Chapter 19 Panel Issues Ruling on Canada’s Challenge of US Final Dumping Determination on Canadian Softwood Lumber Products
The panel, according to Canadian sources, “Directed the US Department of Commerce to review key aspects of its determination.”