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Global Pulp Market Update
Mark Wilde, formerly of Deutsche Bank, now Packaging & Forest Products Analyst at BMO Capital Markets, this week held a conference call on the global pulp market with fuest speaker Brian McClay, principal at Brian McClay & Associates out of Montreal, QC. This week Mark Wilde, formerly of Deutsche Bank, now Packaging & Forest Products…
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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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Maibec Signs
An agreement was signed last week between manufacturing company maibec Inc. of Lévis, QC, and Fraser Timber LLC for maibec’s purchase of the assets of the Masardis Maine lumber mill. The mill employs approximately 135 people and can produce over 100 million board feet of softwood lumber annually. The mill’s lumber is sold to the…
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Fort Francis Pulp Mill
The kraft pulp mill across the Rainy River in Fort Frances, ON, could have a buyer, according to a report this week in the Fort Frances Times. Possible Buyer The mill had previously been closed permanently in May by owner Resolute Forest Products, which followed a January announcement of an extended period of market-related outage…
