Interfor has completed the previously announced divestiture of its operations in Québec, Canada, to Les Chantiers de Chibougamau Ltée.
News in lumber
Canadian Mill Services Association Acquires Quality Control Department of the BC Council of Forest Industries
The Canadian Mill Services Association has completed a purchase agreement with the BC Council of Forest Industries to acquire the COFI Quality Control operations and to merge them into CMSA.
Conifex to Transition to Two Shifts at Its BC Sawmill
Conifex Timber announced that it has amended and restated its existing credit agreement with PenderFund Capital Management.
Southern Pine Exports Down 16% Year-Over-Year in October
Southern pine exports—both treated and untreated—were 13% higher year-to-date through October compared to the same period in 2023, the SFPA and USDA reported.
Irving Forest Products to Acquire Masardis Sawmill in Maine
Irving Forest Products will acquire the Masardis Sawmill in Masardis, Maine. It currently employs 80 people and has the capacity to produce 115 million board feet annually.
GreenFirst Forest Products Sells Its Softwood Lumber Duty Refunds to Mahogany Investors
GreenFirst is selling its softwood lumber duty refunds to Mahogany Investors for US$17.5 million, Nothern Ontario Business reported.
Canadian Industrial Product and Raw Materials Price Indices for November
Prices for lumber and other wood products jumped 5.7%, marking the largest monthly increase since March 2022 (7.5%).
Resolute Closes Its Maniwaki, QC, Sawmill for Six Months
On December 20, Resolute began a temporary closure of its Maniwaki, Quebec sawmill, CBC News reported. Union officials say the closure is expected to last at least six months.
Dunkley Lumber Completes Modernization of Edgewood Forest Products Sawmill in Saskatchewan
Dunkley Lumber has completed a three-year, C$240-million modernization of its sawmill in Saskatchewan, according to a feature by Forestnet.
BC’s Sundher Timber Products Acquires Great Western Lumber in Everson, WA
Sundher Timber Products has recently acquired Great Western Lumber in Everson, Washington, according to BIV.