New Zealand is currently reporting a sharp fall in log prices. Evan MacClure, a Timaru-based director for Forest Management (FM) said “an estimated 30% drop in price” will impact both companies and contractors.
News in lumber
U.S. Department of Commerce Announces Immediate Lifting of Tariffs on Canadian WRC Shake & Shingle
US Tariffs on Canadian Western Red Cedar imports removed.
Koskisen to Invest 35 – 40 Million €s in Sawmill in Järvelä, Finland
Koskisen, a Finnish wood industry company, has announced it is planning to make a substantial investment in a sawmill in Järvelä, Finland.
Ashton Lewis Holding Company Acquires Assets of W.T. Jones & Sons Inc.
North Carolina based Ashton Lewis Holding Company, has announced that it has acquired the assets of W.T. Jones & Sons Inc., a sawmill located in the Ruther Glen Area, in Caroline County, Virginia.
Conifex Timber Inc., to Restart Mackenzie B.C. Sawmill on July 6th
Conifex Timber Inc., announced on Monday, June 22nd, that it intends to restart operations at their Mackenzie, British Columbia sawmill effective Monday July 6th.
J.D. Irving Announces Modernization and Expansion at Doaktown NB Sawmill Starting in July
The sawmill division of J.D. Irving has announced that in July they will be starting a modernization and expansion of their Doaktown NB facility.
Canfor Announces Vida Group, a Subsidiary, to Acquire 3 Sawmills from Bergs Timber in Sweden
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.
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.