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Anticipated Duties on Softwood Lumber to Dampen Canadian Wood Products Industry Outlook
Canada’s wood products manufacturers are on track to post pre-tax profits of $1.4 billion this year—their highest levels since 2004, according to The Confer- ence Board of Canada’s Canadian Industrial Outlook: Canada’s Wood Products Manufacturing Industry, released Wednesday. Going forward, however, the imposition of US duties on softwood lumber will slow export growth and weigh…
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Madison’s Heating Wood Pellet Price Guide – beta
Friday morning Madison’s released, to customers who are taking advantage of our pre-publication sale, the first beta issue of what will be the monthly Madison’s Pellet Price Report, covering North America energy wood pellet manufacturing, distribution, and sales/export. Madison’s Heating Wood Pellet Price Report – beta release We welcome comments and feedback. We are continuing…
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Ontario Sawmill Invests
Lavern Heideman & Sons Ltd, out of Eganville, ON, announced plans this week to spend $16.9 million to modernize the company’s Eganville, ON, sawmill. Four mil- lion dollars of the project cost will come from the Ontario provincial government. Eighteen new jobs are expected to be created by the upgrade, which will increase production capacity…
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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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“Americans react to softwood lumber dispute”
The U.S. National Association of Home Builders says duties or volume caps on imported lumber will raise the price of lumber, adding more than $1,300 to the cost of a new single family home, according to Metroland Media Monday. “ “We feel strongly that Canada should have had a more aggressive stance early on in…
