Conifex Sells Fort St James Timber License to Hampton; New Sawmill Build

Conifex Sells Fort St James Timber License to Hampton; New Sawmill Build

Western SFP 2x4 Softwood Lumber Prices Vs US House Prices

The business of producing construction framing dimension softwood lumber in British Columbia just Got More Interesting:

British Columbia has approved the transfer of Conifex’s forest licence in the Fort St. James, BC, area to Fort St. James Forest Products, a subsidiary of Hampton Lumber Mills.

Conifex announced the $39 million sale in June, pending provincial approval. Conifex had suspended operations at its Fort St. James mill, putting more than 200 people out of work and prompting the district to declare a state of financial crisis.

Madison's Weekly Movers & Shakers Softwood Lumber and Panel Prices Chart OCT '19
www.madisonsreport.com

The BC Ministry of Forests, Lands, Natural Resource Operations, and Rural Development received a considerable response from the citizens of British Columbia, from local governments and from First Nations, the Minister said, adding government also ensured that the transfer was not detrimental to marketing fibre in BC.

Western Spruce KD 2x4 #2&Btr prices OCT 2019
www.madisonsreport.com


Hampton has committed to building a sawmill and getting it operational within 36 months

Madison's Weekly Movers & Shakers Softwood Lumber and Panel Prices Chart OCT '19
www.madisonsreport.com

Madison’s will be on Radio NL in Kamloops, BC, to discuss. Please tune in at 3:30pm today, Tuesday! https://www.radionl.com

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