Canfor Corporation announced on Wednesday 6-17, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital.
News in lumber
Canadian and American Wood Councils Jointly Release Updates for 6 Environmental Product Declarations for North American Wood Products
The Canadian Wood Council (CWC) and American Wood Council (AWC) have jointly released updates for six environmental product declarations (EPDS) for North American wood products.
British Columbia Exports Decline 15% in First Quarter of 2020 – Lumber Industry Hit Hard
British Columbia’s exports in the first quarter of 2020 fell by almost -15% when compared to the first quarter of 2019.
Canfor Announces Reopening of Houston and Polar Mills in B.C.
Canfor Corporation has announced that they will be reopening their Houston B.C. sawmill facility on Monday, June 8th, ending a lengthy shutdown which began in March.
Canfor Completes Purchase of Elliott Sawmilling Company Inc.
Canfor completes purchase of Elliot Sawmilling
Conifex Timber Inc., Extends Mackenzie B.C. Sawmill Temporary Curtailment to July 6th 2020
Conifex Timber Inc., has announced that it will further extend the temporary curtailment of operations at its Mackenzie, British Columbia sawmill for an additional five weeks to July 6, 2020.
Canfor Updates B.C. Mill Curtailments and Closures
Canfor Corporation has offered an update on recent mill curtailments and closures.
West Fraser Announces Most Lumber and Panel Mills Returned to Full Operations in May
West Fraser has announced that during the month of May, they have successfully resumed full capacity lumber and plywood production at all but a few facilities.
NAFTA Panel Affirms ITC’s Determination of U.S. Softwood Lumber Decision
In response to a 5-0 decision, in which a NAFTA panel affirmed an International Trade Commission’s (ITC) findings that the U.S. softwood lumber industry has been materially injured by Canadian subsidies to their forest products industry…
Interfor Announces Upcoming Curtailment at Gilchrist Oregon Facility
Interfor Corporation has announced that due to a challenging economic situation, coupled with the difficulties presented by the COVID-19 pandemic, it is planning on curtailing operations at its Glichrist Oregon facility, starting in late June.