West Fraser said it will take a $409 million goodwill impairment in 2025Q4 and outlined 2026 shipment targets for lumber and OSB.
News in lumber
Quebec Sawmill Uses AI and Automation in Modernization Push
Quebec’s St-Elzéar sawmill has invested CA$32.7 million since 2018 to deploy AI and automation, sharply boosting productivity while reducing labor needs.
West Fraser Completes Internal Reorganization of Alberta Sawmills
West Fraser has consolidated several Alberta sawmill subsidiaries into a single entity, West Fraser Alberta Wood Products Ltd., The Albertan reported.
GreenFirst Extends Holiday Downtime at Three Ontario Sawmills
GreenFirst Forest Products will extend holiday downtime at three Ontario sawmills, resulting in a three-week shutdown.
BC to Support Nine More Forestry Firms to Modernize and Diversify Production
BC is providing up to CA$2.5 million to nine forestry companies through the BC Manufacturing Jobs Fund to modernize facilities and expand high-value wood production.
Canadian Industrial Product and Raw Materials Price Indices Rise in November
Canada’s Industrial Product Price Index rose 0.9% in November, while the Raw Materials Price Index increased 0.3%.
USDA Names New Appointments to the Softwood Lumber Board
USDA announced new appointments to the Softwood Lumber Board, with terms beginning January 1, 2026.
BC Backs Two Vancouver Island Wood Manufacturing Investments
BC announced new funding for two Vancouver Island wood manufacturers to expand higher-value and mass timber production.
Groupe Lebel to Cut Sawmill Production by 25% Starting in January
Groupe Lebel will cut sawmill output by about 25% starting in January 2026, citing weak US demand and export duties and tariffs nearing 45%.
Fire at Tolko’s Williams Lake, BC, Mill Prompts Temporary Layoffs
A fire at Tolko Industries’ Williams Lake, BC, sawmill led to temporary layoffs for 35 workers, with repairs expected to take about three weeks, The Williams Lake Tribune reported.