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Tembec Reports
Tembec Inc reported 3Q 2015 results Thursday, finding that consolidated sales for the three-month period ended September 26, 2015, were $373 million, as compared to $371 million in the same quarter a year ago. The Company generated a net loss of $32 million, or $0.32 per share, in the September 2015 quarter compared to net…
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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
