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Resolute Acquires
Resolute Forest Products Wednesday announced the acquisition of Atlas Paper Holdings, a leading manufacturer of at-home and away-from-home tissue products, including recycled and virgin paper grades. The purchase price in the transaction, which closed the same day, was $156 million, including working capital.
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Taiga Reports
Taiga Building Products Thursday reported its financial results for the three and six months ended September 30, 2015. Sales for 2Q increased to $388 million from $383.6 million in the same quarter last year. The increase in sales by $4.4 million or 1.2 per cent was largely due to increased demand in the US. Gross…
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Canada and BC Lumber Manufacturing, US Sawmill Trade 3Q 2015
New data out this week from Statistics Canada and the US Census shows stability in North America lumber manufacturing and cross-border trade. Madison’s Forest Pulse 3Q 2015 The next issue of quarterly Madison’s Forest Pulse will be out next week, and the latest data on Canadian softwood lumber production, sawmill sales, and lumber exports together…
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Madison’s Weekly Key Prices Additions
Due to changes in market dynamics between volumes of Western Spruce-Pine-Fir dimension lumber produced and sold in North America, and that of Southern Yellow Pine and Eastern Spruce-Pine-Fir, Madison’s Lumber Reporter has added these last two commodities to our weekly Key Prices table and graphs. Madison’s Weekly Key Prices Additions
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Weyerhaeuser Breaks Ground
Site preparation for the new Weyerhaeuser sawmill complex at Dierks (Howard County), AR, is winding down as the project shifts into the next phase of it’s US$190 million construction this week, said Arkansas Business Monday. The new facility will have an annual production capacity of 387 million board feet, 25 per cent more than current…
