Tolko Industries announced on Wednesday, (12-28-22) that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations will […]
News in lumber
Chantier Chibougamau Announces the Purchase of GreenFirst Forest Products’ Quebec Operations
Chantier Chibougamau announced today that it has entered into an agreement with GreenFirst Forest Products to acquire all of the company’s Quebec operations, namely the La Sarre and Béarn sawmills and related forestry operations. GreenFirst has owned these mills since August 2021.
Martco to Invest $9.5 Million in Technology Upgrades at Its Natchitoches Parish, LA, Facility
Martco LLC, a subsidiary of Martin Sustainable Resources LLC, the parent company of RoyOMartin, announced on Friday that it will invest $9.5 million to install technologically advanced production equipment at its Natchitoches Parish, Louisiana, lumber mill.
Aspen Planers Announces Temporary Shutdown at Two Facilities in Nicola Valley, BC
According to the Merritt Herald, Aspen Planers, which is locally owned by Surrey-based AP Group, has temporarily shut down their Merritt operations, closing two work sites in the Nicola Valley due to a lack of steady log supply.
Sumitomo Forestry America Announces Expansion Plans in Archdale, North Carolina
The office of North Carolina Governor Roy Cooper announced on Tuesday that Sumitomo Forestry America plans to invest approximately $19.5 million in a new 120,000 square-foot building in Archdale, NC. The facility will produce building materials used in residential and commercial projects.
Canfor Announces Temporary Production Curtailments at All Solid Wood Facilities in BC and Alberta
Canfor on Monday announced that due to very weak market conditions, it will be temporarily reducing production through curtailments at all of its solid wood facilities in British Columbia and Alberta. They will begin December 19th and remove approximately 150 million board feet of production in December and January.
Twin River Paper Announces Sale of Its Plaster Rock, New Brunswick, Sawmill to Groupe Lebel
Twin Rivers Paper Company announced on Friday that it had reached a definitive agreement to sell its softwood lumber mill located in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products company Groupe Lebel.
Canadian Lumber Production Rises Month-Over-Month in September
Statistics Canada reported today that lumber production increased 1.9% from August 2022 to 4,341.8 thousand cubic meters in September. However, production was down year-over-year by 6.1%.
Interfor Completes Acquisition of Chaleur Forest Products From an Affiliate of the Kilmer Group
Interfor Corporation announced on Wednesday that it has completed the previously announced transaction to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products in New Brunswick, Canada, from an affiliate of the Kilmer Group.
Western Forest Products Announces Temporary Lumber Production Reduction for the Remainder of 2022
Western Forest Products announced today it plans to temporarily reduce lumber production output by approximately 20 million board feet through the remainder of 2022. This to manage inventory levels to meet current market conditions.