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Domtar Declares . . .
Domtar Corporation, also based in Montreal, announced Thursday that its Board of Directors has approved its fourth quarterly dividend for the 2013 fiscal year on its common stock and on Domtar (Canada) Paper Inc. exchangeable shares. The dividend of US$0.55 per share is payable on April 15, 2014 to stockholders of record on March 14,…
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Resolute Settles
Resolute Forest Products, out of Montreal, QC, Monday announced a five-year renewal of the master collective agreement covering four unionized US pulp and paper mills. Unionized employees voted overwhelmingly to ratify the agreement at mills in Augusta, GA; Calhoun, TN; Catawba, SC; and Coosa Pines, AL, effective as of February 14, 2014. The agreement covers…
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Housing Starts, Sales : US
Groundbreaking on new US homes dropped 16 per cent in January compared to December, and dipped 2 per cent lower than their level one year earlier, data released by the US government Friday shows. The decrease had been widely expected, thanks to January’s cold and stormy weather. New home starts in January were at an…
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Japan Housing Starts : December and Full-Year 2013
Total 2013 housing starts in Japan recovered to 980,025 units, up from a low in 2009 of 788,000 units, said the Japan Lumber Reports Friday. This compares to 834,117 total starts for 2011, according to the February 12, 2012 issue of the Reports. That year starts improved by 2.6 per cent over 2010. Condominium…
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US Log and Lumber Exports Up : 2013
Log and lumber exports from Washington, Oregon, northern California, and Alaska increased by 20 per cent in volume in 2013 compared to 2012, the US Forest Service’s Pacific Northwest Research Station reported Friday. The total value of these exports also jumped, by nearly 37 per cent for log exports and by 23 per cent for…
