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Canfor Invests
Canfor will invest $30 million at its Polar facility in Bear Lake, north of Prince George, BC, to replace the existing sawmill and to produce higher-value products, company officials said Wednesday at the company’s annual general meeting in Prince George. Canfor will also pump $6 million into its Fort St. John sawmill’s log yard stabilization…
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Lumber News Archives: Aug 2012
Lumber Tax Proposal ; Madison’s Timber Preview ; Railroad Investment, More Rail Cars ; Western Forest Products Mill Fire, Land Transfer ; US Wildfires ; Financial Results Design Values ; Eacom to Rebuilt Timmins Mill ; More Wildfires ; Financial Results ; NB Mill to Reopen ; Sawmill Fire Glossy Magazine Sales ; Madison’s Timber…
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BC Forest Practices Board Statement
A report released Tuesday on British Columbia’s forest industry’s harvesting of beetle-killed timber confirms that industry has been meeting government’s expectations for concentrating harvesting on dead pine trees, but says the harvest of other kinds of trees is increasing more than expected in some areas of the province. Pine Beetle Timber The report looks at…
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Resolute Announces
Resolute Forest Products, also based in Montreal, QC, Thursday announced a $105 million upgrade to its Calhoun, TN, pulp and paper mill, including the installation of a modern continuous pulp digester and other wood chip processing equipment. When completed by mid-2016, the project will contribute to significantly lower the mill’s costs, increase its pulp capacity…
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Goodfellow Reports
Delson, QC’s, Goodfellow announced Tuesday its financial results for 2Q ended February 28, 2014. The Company reported a net loss of $0.3 million, or $0.04 per share, compared to a net loss of $0.9 million, or $0.11 per share, a year ago. Consolidated sales for 2Q were $95.4 million, the same as the previous year.…
