Skeena Sawmills in Terrace, BC, informed employees that the company is facing the highest fiber costs in recent memory. According to Lionel Chabot, the plant manager, the mill will be operating 50% of the time going forward from now and into the New Year.
News in lumber
Gorman Bros. Lumber Reduces Workforce at Its West Kelowna, BC, Sawmill
On Monday, Gorman Bros. Lumber Ltd. announced it was making a small reduction to its workforce at its West Kelowna, BC, sawmill facility. The layoffs are a result of industry-wide challenges in sourcing timber supplies, the company says.
Potential Agreement Reached to End Seven-Week Weyerhaeuser Strike in Oregon and Washington
Springfield Oregon Television reported on Friday that progress toward ending a strike between Weyerhaeuser workers and the company, in Oregon and Washington State, might be nearing an end after a federal mediator was brought in.
US Commerce Department Corrects Softwood Lumber Subsidies for Non-Selected Canadian Companies
On October 11, 2022, the US Department of Commerce published a notice in the Federal Register, in which the department amended its notice of final results for the 2020 administrative review of the countervailing duty (CVD) order on certain softwood lumber products from Canada.
Interfor Announces Q4 Lumber Production Curtailments Across All Regions
Interfor Corporation announced that it plans to reduce its lumber production output in Q4 by approximately 200 million board feet, or 17% of quarterly capacity, due to current economic conditions and market uncertainty, which have led to reduced lumber demand.
Commonwealth Plywood Announces Reopening of Rapides des Joachims Sawmill in Quebec
Commonwealth Plywood Company Ltd. announced that it is reopening its sawmill located in Rapides des Joachims, Pontiac Country, Quebec. Commonwealth has invested over $ 1 million (CAD) to get the sawmill back into operation.
Sierra Forest Products Completes Acquisition of Weber Plywood & Lumber Company
Sierra Forest Products Inc., part of the UCS Forest Group of Companies, announced on Monday that it has completed the acquisition of Weber Plywood & Lumber Company, located in Tustin, California.
Conifex Timber Announces 2-Week Temporary Curtailment at Its Mackenzie, BC, Operation
Citing declining lumber prices and a worldwide softening in demand, Conifex Timber Inc. announced on Friday afternoon that it would be temporarily curtailing production at its Mackenzie, BC, sawmill operation for two weeks, starting on Tuesday, October 11th.
Interfor Announces Agreement to Purchase New Brunswick-Based Chaleur Forest Products
Interfor Corporation announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two sawmills in New Brunswick with a combined annual lumber production of 350 million board feet.
Stella-Jones Adds 43rd Wood Pole Manufacturing Facility With Purchase of Texas Electric Cooperatives Inc.
Stella-Jones Inc. announced that it had entered into a definitive agreement to purchase substantially all of the assets employed in the wood utility pole manufacturing business of Texas Electric Cooperatives, Inc for a total purchase price of $28 million (USD), plus an additional $4 million in inventories.