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Interfor Completes Sawmill Sale
Interfor announced Wednesday that it has completed the final step in the monetization of its former sawmill in Tacoma, WA, with the closing of the sale of the Ta- coma sawmill property for gross proceeds of US$32.4 million. Sawmill Sale, Interfor Interfor, out of Vancouver, BC, announced Wednesday that it has completed the final step…
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Kenora Forest Products Adds Shift
Kenora Forest Products, out of Kenora, ON, implemented another shift at its planer and sawmill October 31, providing jobs for approximately 45 more people. Kenora Forest Adds Shift Unifor and the company previously committed to ensuring members of the aboriginal community shared in the the economic benefits of the reopening of the mill last year.…
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Canada and US Sawmill Capacity: August 2016
This week was released the latest issue of the Western Wood Products Association’s monthly Lumber Track. US softwood lumber production for January to August 2016 was 22,012 MMfbm, a 3.6 percent increase from 21,250 MMfbm in the first eight months of 2015. North American Sawmill Capacity, Lumber Production: August 2016 Canada softwood lumber production for…
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West Fraser Invests in US Sawmill
West Fraser, out of Vancouver, BC, is expanding its Newberry County sawmill operations in South Carolina. The project is expected to bring US$33 million in new capital investment, as South Carolina Department of Commerce reported Thursday. West Fraser Invests in US Sawmill Since 2007, the West Fraser has invested millions to modernize the mill. The…
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84 Lumber Closes Land Sale Deal
Spirit Realty Capital, based in Dallas, TX, Wednesday announced the Company has closed on the sale of 108 properties to a subsidiary of 84 Lumber Company, out of Eighty Four, PA. The total cash consideration received by Spirit today was US$205.7 million, consisting of US$200.7 million to purchase the assets, and a US$5 million amendment…
