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Groupe Savoie Sawmill to Close
Forty-five people work at the Westville Sawmill in Westville, Pictou County, NB, owned by Groupe Savoie, which will be forced to shut down next week, according to CBC Tuesday. The sawmill has only enough hardwood supply to keep working for another week. New Brunswick Sawmill to Close Mill manager Andrew Watters says the same…
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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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Sawmill Curtailments, Closures
Reduced demand for dimensional lumber in China has resulted in Western Forest Products closing its Ladysmith, BC, Sawmill effective Friday. According to company spokesperson Amy Spencer, the mill will be shut down temporarily. The mill, which has 85 employees, is expected to continue to run some maintenance and shipping shifts, so it’s unclear how many…
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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…
