Most of the San Group’s assets are going up for sale in a bid to recoup about CA$150 million for creditors under a process led by a court-appointed monitor, The Times Colonist reported.
News in lumber
Commonwealth Plywood’s Sawmill in Rapides-des-Joachims, QC, Faces Uncertain Future
The Pontiac Journal reported that Commonwealth Plywood has continued operations in 2025, despite being slated for closure in December.
Woodgrain to Acquire Kelleher Corporation
Woodgrain, a manufacturer and distributor of millwork and building materials, has entered into an asset purchase agreement to acquire Kelleher Corporation.
Canadian Sawmill Production Increases 7.6% in October
Lumber production increased 7.6% to 4,251.3 thousand cubic meters in October. However, year-over-year, production was down 5.2%.
Interfor Completes Sale of Its Québec Operations
Interfor has completed the previously announced divestiture of its operations in Québec, Canada, to Les Chantiers de Chibougamau Ltée.
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.