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Interfor Buys Four US Sawmills
Interfor buys four mills, raising bet on U.S. lumber production to hedge against B.C. supply constraints By Derrick Penner, Vancouver Sun December 22, 2014 Madison’s Lumber Reporter: “B.C. mills are well stocked in the immediate term, according to Keta Kosman, publisher of the industry newsletter Madison’s Lumber Reporter, with just some specialty timber — such…
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North American Lumber & Panel Markets and Outlook for 2015: FEA
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More Sawmill Fires
A blaze broke out around 4:30 pm Thursday at Sexton Lumber in Bloomfield, NL, on the Bonavista Peninsula. The fire was in the dried bark/sawdust holding building on the outside edge of the property, and the sawmill, kiln, planer mill, drying plant, office, and inventory sections were all undamaged. However the company lost a complete…
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Norbord, Ainsworth to Merge
Two Canadian wood product companies — Norbord Inc. and Ainsworth Lumber Corp. — plan to combine their businesses through a $759-million deal to create one of the world’s largest producers of oriented strand board. Norbord Inc.’s proposed acquisition of Ainsworth Lumber Co. Ltd. will create a global wood products giant with a market capitalization of…
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Sawmill Curtailments, Closures
Reduced demand for dimensional lumber in China has resulted in Western Forest Products closing its Ladysmith, BC, Sawmill effective Friday. According to company spokesperson Amy Spencer, the mill will be shut down temporarily. The mill, which has 85 employees, is expected to continue to run some maintenance and shipping shifts, so it’s unclear how many…
