-
Conifex Announces . . . .
Conifex Timber has entered into a definitive purchase agreement to acquire Lignum Forest Products, a private partnership which operates a lumber marketing and distribution business, for approximately $4 million, the company announced Monday. Conifex intends to fund the transaction from its existing available cash. Lignum operates its forestry and lumber distribution business in BC, providing…
-
Lumber Market Outlook 2014
Players not directly involved in forest products jumped for joy this week on seeing US housing starts solidly at more than 1 million annualized for 2013. It is now apparent to all that building in America has absolutely recovered from the terrible crash of 2006-2010. Forest industry players have known the outlook is positive since…
-
BC Lumber Exports Jan – Oct 2013 Break Records
The value of BC’s softwood lumber exports for the first 10 months of 2013 have broken a new record, Forests Minister Steve Thomson announced December 13. To the end of October 2013, the value of total softwood lumber exports to China reached $1.17 billion — exceeding the previous record set in 2011 when softwood lumber…
-
Canfor Expands
Due to increased global demand for southern yellow pine lumber, Canfor Southern Pine is expanding its existing operations in Darlington County, SC, the company announced Wednesday. The US$8 million investment is expected to generate 50 new jobs through the addition of a second shift at the manufacturing facility. Canfor’s Darlington facility manufactures southern yellow pine…
-
Stikine Plans New Mill
Stikine River Forest Products announced Monday evening plans to build a mill in Petersburg, AK, according to the Petersburg Pilot. Owner John Glenn said he has located a piece of property near the airport that exists within industrial zoning and has power and water connections. Construction of the mill would be done in two phases.…
