Tag: investment

  • West Fraser Invests in US Sawmill

    West Fraser, out of Vancouver, BC, is expanding its Newberry County sawmill operations in South Carolina. The project is expected to bring US$33 million in new capital investment, as South Carolina Department of Commerce reported Thursday. West Fraser Invests in US Sawmill Since 2007, the West Fraser has invested millions to modernize the mill. The…

  • Port Hawkesbury to Convert to Sugar

    Nova Scotia’s Port Hawkesbury Paper hopes to move ahead with a demonstration sugar extracting operation within a year. The mill has commissioned an engineering study that is nearly complete for the plant, which would be located at the Point Tupper (Nova Scotia) mill site, according to Atlantic Farm Focus Thursday. They’ve been working on the…

  • 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…