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PwC Forestry 4Q 2013
Canadian forest and paper companies are turning the corner and returning to profitability, according to PwC’s Global Forest and Paper Industry Net Earnings Summary for the quarter ending December 31, 2013 released Monday. This survey of public companies shows that most Canadian companies achieved generally positive results in the fourth quarter, particularly when compared to…
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BC Forest Practices Board Statement
A report released Tuesday on British Columbia’s forest industry’s harvesting of beetle-killed timber confirms that industry has been meeting government’s expectations for concentrating harvesting on dead pine trees, but says the harvest of other kinds of trees is increasing more than expected in some areas of the province. Pine Beetle Timber The report looks at…
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Resolute Announces
Resolute Forest Products, also based in Montreal, QC, Thursday announced a $105 million upgrade to its Calhoun, TN, pulp and paper mill, including the installation of a modern continuous pulp digester and other wood chip processing equipment. When completed by mid-2016, the project will contribute to significantly lower the mill’s costs, increase its pulp capacity…
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Goodfellow Reports
Delson, QC’s, Goodfellow announced Tuesday its financial results for 2Q ended February 28, 2014. The Company reported a net loss of $0.3 million, or $0.04 per share, compared to a net loss of $0.9 million, or $0.11 per share, a year ago. Consolidated sales for 2Q were $95.4 million, the same as the previous year.…
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Port Metro Vancouver Trucker Strike Resolved
Vancouver port truckers reach deal to end strike Port Metro Vancouver container truck drivers to be back at work Thursday morning CBC News Posted: Mar 26, 2014 4:40 PM PT Last Updated: Mar 27, 2014 6:56 AM PT http://www.cbc.ca/news/canada/british-columbia/vancouver-port-truckers-reach-deal-to-end-strike-1.2587948 Port Metro Vancouver truckers reach deal to end strike (updated) Agreement includes both unionized and non-unionized…
