The major assets of San Group are under contract to be sold, pending court approval, the Times Colonist reported.
News in lumber
Western Forest Products to Reduce Production and Staffing at Its Chemainus, BC, Sawmill
Citing a shortage of viable logs, Western Forest Products is reducing production and staffing at its Chemainus Sawmill starting this month, My Coast Now reported.
Arbec Forest Products Shutting Down Indefinitely
Arbec Forest Products, the manufacturing division of Groupe Rémabec, said it is shutting down indefinitely, leading to more than 1,000 immediate job cuts.
Canadian Sawmill Production and Shipments Climb in March
Canadian lumber production increased 17.3% to 4,325.9 thousand cubic meters in March. Year-over-year, lumber production was down 1.6%.
Southern Pine Lumber Exports Rise 2% in Q1
Southern pine lumber exports (treated and untreated) totaled 122 MMBF in Q1, up 2% from 2024Q4, the USDA and SFPA reported.
Canadian Industrial Product and Raw Materials Price Indices Decline in April
Softwood lumber prices were down 11.1%, marking the sharpest month-over-month decrease since June 2022.
Weyerhaeuser to Sell Its Princeton, BC, Lumber Mill to Gorman Group
Weyerhaeuser Company has reached an agreement to sell its lumber mill in Princeton, British Columbia, to the Gorman Group, owners of Gorman Bros. Lumber Ltd.
Marion, Michigan’s Green Tree Hardwood Lumber Sawmill Destroyed by Fire
On Saturday, a fire completely destroyed the Green Tree Hardwood Lumber sawmill in Marion, Michigan, WPBN/WGTU reported.
Montana Lawmakers Create Low-Interest Loan Program for Reopening Shuttered Sawmills
State lawmakers recently passed a bill establishing a low-interest loan program for companies seeking to reopen shuttered mills, NBC Montana reported.
Tolko Plans Downtime at Two Divisions in North Okanagan, BC
Citing a lack of economical fiber, Tolko said it is planning downtime at a pair of North Okanagan, BC, operations, the Haida Gwaii Observer reported.