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Interfor Buys Four US Sawmills
Interfor buys four mills, raising bet on U.S. lumber production to hedge against B.C. supply constraints By Derrick Penner, Vancouver Sun December 22, 2014 Madison’s Lumber Reporter: “B.C. mills are well stocked in the immediate term, according to Keta Kosman, publisher of the industry newsletter Madison’s Lumber Reporter, with just some specialty timber — such…
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Interfor Buys Four US Sawmills
Interfor buys four mills, raising bet on U.S. lumber production to hedge against B.C. supply constraints By Derrick Penner, Vancouver Sun December 22, 2014 Madison’s Lumber Reporter: “B.C. mills are well stocked in the immediate term, according to Keta Kosman, publisher of the industry newsletter Madison’s Lumber Reporter, with just some specialty timber — such…
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Norbord, Ainsworth to Merge
Two Canadian wood product companies — Norbord Inc. and Ainsworth Lumber Corp. — plan to combine their businesses through a $759-million deal to create one of the world’s largest producers of oriented strand board. Norbord Inc.’s proposed acquisition of Ainsworth Lumber Co. Ltd. will create a global wood products giant with a market capitalization of…
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Ontario Fibreboard Mill Reopens
After six years of its doors being closed, the Pembroke, ON, MDF fibreboard plant is up and running once again. Pembroke MDF is expected to create as many as 160 full-time jobs, as well as spin-off employment in the local forestry, transportation, and electrical fields. Currently, the plant is operating four days a week, from…
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Interfor Invests
On November 6 Interfor, out of Vancouver, BC, announced its plans to invest $50 million in state-of-the-art technology for their sawmill operation in Castlegar, BC. The project will convert the mill into a two-line operation from three lines, as well as increase production capacity to 210 million board feet from its current level of 185…
