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North America Forest Company Quarterly Reports: 3Q 2016
This week Canfor, Weyerhaeuser, Domtar, and International Paper all released quarterly earnings reports. Canfor Corporation, out of Vancouver, BC, Wednesday reported net income attributable to shareholders of $50.9 million, or $0.38 per share, for 3Q 2016, compared to shareholder net income of $36.0 million, or $0.27 per share, for 2Q 2016 and a net loss…
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Canfor Buys
Canfor Corp, out of Vancouver, BC, announced Wednesday the purchase of the operating assets of Southern Lumber Co. The acquisition includes a sawmill located in Hermanville, MI, which is a large log southern yellow pine dimension mill manufacturing predominately long, wide width lumber. The sawmill is in an area of exceptionally high quality fibre and…
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Canfor, Canfor Pulp Report
Canfor Corporation Thursday reported net income of $54.3 million, or $0.39 per share, for 2Q 2014, compared to $110.3 million, or $0.77 per share, for 2Q 2013. Canfor Pulp Products also Thursday reported net income of $18.8 million, or $0.27 per share, for 2Q 2014, compared to $7.6 million, or $0.11 per share, for 2Q…
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Canadian Forest Product Company 1Q 2015 Results Comparison
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Canfor Invests
Canfor will invest $30 million at its Polar facility in Bear Lake, north of Prince George, BC, to replace the existing sawmill and to produce higher-value products, company officials said Wednesday at the company’s annual general meeting in Prince George. Canfor will also pump $6 million into its Fort St. John sawmill’s log yard stabilization…
