-
Sawmill Curtailments, Closures
Tl’oh Forest Products, out of Fort St. James, BC, will be closing its doors as of July 31st, putting 43 employees out of work, according to 250News Wednesday. The plant produced finger-joint products, but the company says there has been “a fundamental shift in markets that does not allow the business to remain viable”.” The…
-
Lumber Company Mergers, Acquisitions
Lumber company Stock Building Supply Holdings announced Wednesay it agreed to combine with privately held Building Materials Holding, in a deal that positions the combined company to take advantage of demand for building supplies in the recovering housing market. The two lumber companies, once bankrupt, had combined revenue of US$2.7 billion in 2014. Stock Building…
-
Interfor Closes
Less than three months after Interfor acquired a Tacoma Tideflats, WA, sawmill, affecting about 125 workers, the company has shut down the mill temporarily to take steps to return it to profitability. Interfor said that it curtailed production Friday at the former Simpson mill because of weak lumber prices and high production costs.
-
Sawmill Curtailments
Tembec is suspending operations at its three sawmills in Québec due to the high cost of wood supply in the Abitibi-Témiscamingue region. The company says the wood costs make its sawmills uncompetitive given the persistent weak market prices for lumber in North America. The move affects 360 direct jobs at Tembec. Tembec is still trying…
-
Simpson Lumber Mill Closes
Some 270 jobs at Simpson’s mills in Shelton and Dayton, WA, are going away by June 30 as Simpson sells those operations to a Northern California firm, Sierra Pacific Industries, says The Olympian Friday. The Shelton mill could be replaced by a new state-of-the-art mill employing about 150 to 200 people in 2017. Get YOUR…
