In their Q-2 Financial Report, Resolute Forest Products announced that they are moving forward with their plans to reopen the El Dorado Arkansas sawmill, which was closed indefinitely in August 2019, due to slumping lumber prices. The El Dorado facility is one of three mills that Resolute purchased in February of 2020. Yves Laflamme, president and CEO of Resolute noted in the financial report that “The integration of the U.S. lumber assets is progressing well, as they have also benefited from an above-seasonal surge in demand for decking. As lumber demand remains promising, we are pursuing our plan to bring the El Dorado facility on-line in early 2021.” After recent upgrades to the mill, its annual production capacity is ~180 million board feet of construction-grade dimensional lumber from southern yellow pine for distribution within the United States.
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