Interfor plans to exit its operations in Québec, Canada, including the sale of its three manufacturing facilities and the closure of its Montréal corporate office.
News in lumber
Western Forest Products Announces Plans to Reduce Production at Its BC Sawmills in Q4
WFP plans to reduce lumber production at its BC sawmills by approximately 30 million board feet during the period from October to December.
Besse Forest Products Group Closes Six Sawmills and Veneer Mills in Michigan and Wisconsin
Besse Forest Products Group has closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan. The facilities are now up for sale.
Canadian Lumber Production and Shipments Fall in July
Lumber production decreased 7.7% to 3,681.5 thousand cubic meters in July. Year-over-year, production was up 2.8%.
Hancock Lumber Indefinitely Curtails Production at Its Sawmill in Madison, NH
Hancock confirmed that, effective October 1st, it began an “indefinite curtailment of production at the company’s Madison Lumber Mill location (New Hampshire),” The Conway Daily Sun reported.
US Dept. of Commerce Revises New Duties for Softwood Lumber Products From Canada
The US Department of Commerce has revised two antidumping duty rates for imports of certain softwood lumber products from Canada. These rates are effective September 24th.
Doman Building Materials Group Acquires CM Tucker Lumber Companies
BC-based Doman Building Materials Group has acquired South Carolina-based CM Tucker Lumber Company for US$255 million in cash.
Tolko Announces 30-Day Curtailment at Its Soda Creek Sawmill in Williams Lake, BC
Tolko Industries confirmed that starting Monday, September 30th, the Soda Creek Division mill in Williams Lake, BC, will begin a 30-day shutdown, The Williams Lake Tribune reported.
Southern Forest Products Export Report for July
Exports of Southern pine lumber (treated and untreated) through July continued to outpace 2023, up 15%, the USDA and SFPA reported.
Canadian Industrial Product and Raw Materials Price Indexes for August
Prices for lumber and other wood products rose 2.1%, with softwood lumber rebounding 7.7% after four consecutive monthly declines.