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Resolute FP Quebec Timber Deal
Resolute Forest Products February 28 confirmed the signature of a framework agreement with the Quebec government and explained the measures found in the agreement. The agreement includes measures for renewal of water power leases for certain generating stations in Quebec’s Saguenay-Lac-Saint-Jean region as well as consolidation of some of the company’s Quebec facilities. The framework…
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Washington State Invests in Mill
The governor of Washington State announced Friday a US$5 million funding package made up of tax credits and a state loan that will allow Josephine County’s last sawmill to reopen, according to SeattlePi Friday. Speaking at a news conference at a wood products mill in White City, Gov. John Kitzhaber said the funding helps spread…
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Canfor Sells
Canfor Corp said this week it has an agreement to sell the Daaquam sawmill in Saint-Just-de-Bretenières, QC in a deal worth $25 million. The deal with Groupe Lebel and others is expected to close by the end of March, Canfor said in a release on Friday. The Daaquam mill produced 120 million board feet of…
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Canada Sawmill Production : Dec 2013
Lumber production by Canadian sawmills decreased 14.8 per cent from November, to 4,151.3 thousand cubic metres in December, according to Statistics Canada Friday. Compared with December 2012, lumber production increased 5.8 per cent. Sawmills shipped 3,912.2 thousand cubic metres of lumber in December, down 14.7 per cent from November. Elsewhere, total Canadian wood product 2012…
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US House Prices, Indeces
Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen released a report, “A Tale of 2000 Cities”, Wednesday which found that, of the 50 largest US metropolitan areas where housing prices are expected to appreciate between 2012 and 2018, the top five will see rises on average of 32 per cent,…
