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Posted by Administrator on October 27, 2012 at 3:13 PM under
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Posted by Administrator on December 5, 2011 at 11:34 AM under
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Canadian lumber production in September reached 1.9 billion board feet, highest since April, and vaulted production through three quarters to 17.1 bbf. Year-to-date output in British Columbia gained 7%, to 9.3 bbf, as national output gained 2%. September was 4% above August levels and 3% above year-earlier levels.
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Posted by Administrator on November 28, 2011 at 8:02 PM under
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Canfor Corp. has agreed to acquire Tembec Industries Ltd.'s southern British
Columbia Interior wood products assets, for a purchase price including working
capital of $C60 million. Canfor will purchase Tembec's Elko and Canal Flats
sawmills and about 1.1 million cubic meters of combined Crown, private land, and
contract annual allowable cut.
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Posted by Administrator on November 7, 2011 at 11:08 AM under
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Industries Parent has upgraded and reopened two mills that had been closed for about two years. About 90 employees returned to work at the Parent sawmill, 40 at the fingerjoint mill in Trois-Rivieres, plus about 170 forestry workers. Industries Parent was founded earlier this year when the assets of Kruger's sawmill in Parent were merged with those of Industries Perron's fingerjoint mill in Trois Rivieres.
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Posted by Administrator on November 7, 2011 at 11:05 AM under
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Kitwanga Sawmill, operated by Pacific Bioenergy near Hazelton, B.C., has shut down temporarily due to market conditions, according to the Vancouver Sun. 11/2/2011
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Posted by Administrator on November 7, 2011 at 11:02 AM under
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Louisiana-Pacific Corp. reported a third-quarter net loss of $65.6 million, or 49 cents per share, compared to a loss of $32 million, or 24 cents per share, in the same period last year. 11/7/2011
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Posted by Administrator on November 3, 2011 at 10:52 AM under
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Excluding special items, Interfor reported a net loss of $C0.5 million, or 1 cent per share, compared to a net loss of $C1.1 million, or 2 cents per share, in the third quarter of 2010. 11/3/2011
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Posted by Administrator on November 2, 2011 at 12:37 PM under
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Lumber production in British Columbia reached 8.2 billion board feet through August, 7% ahead of the 2010 pace, according to Statistics Canada. Canadian production was up only 2%, to 15.1 bbf, tempered by a decrease in Quebec and two other eastern provinces. Although production in Ontario gained 2%, it declined 25% from July to August, to 96 million board feet. National production for August was 1.9 bbf, changed just 1% or less compared to any of the previous three months. The B.
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Posted by Administrator on October 26, 2011 at 10:43 AM under
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Cheslatta Forest Products Ltd. in Burns Lake, B.C., has officially shut down,
following extended downtime, according to the Lake District News. The sawmill
has been down since October 2008, although the planer has operated sporadically
since then. In a statement issued to the newspaper, the mill's closure was
attributed to a lack of modern three-phase power, skyrocketing fuel costs, the
impending expiration of the mill's non-renewable beehive burning permit, and
diminishing recovery of lumber from beetle-killed logs.
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Posted by Administrator on October 26, 2011 at 10:41 AM under
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J.D. Irving Ltd. has announced plans to temporarily close two sawmills in New
Brunswick. The company's Kedgwick mill will close between December 2 and the
spring of 2012. The Doaktown mill will close between December 23 and February
13, 2012. Poor market conditions were cited.
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Posted by Administrator on October 18, 2011 at 10:07 AM under
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After falling 29% in July compared to June, Canadian softwood lumber exports
to China rebounded slightly in August. Shipments climbed to 264 million board
feet, up from 253 mmbf the previous month but well below the record 356 mmbf
exported in June. - 10/18/2011
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Posted by Administrator on October 13, 2011 at 9:00 AM under
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J.D. Irving will close its sawmill in Deersdale, New Brunswick, on October
28, according to media reports and Forestweb. A company spokesperson said the
shutdown is because the mill cannot source enough logs, and that the mill will
remain down for an indefinite duration.
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Posted by Administrator on October 3, 2011 at 3:34 PM under
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New Pa
Canadian softwood lumber exports to China fell to 253 million board feet in
July, down 29% from the 356 mmbf shipped in June, which was the 2011 peak and a
single-month record. The July total was more than double the year-ago volume.
Many observers attributed the month-over-month decline to the Chinese
government's measures to cool the country's housing market.
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Posted by Administrator on October 3, 2011 at 12:33 PM under
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Canadian lumber production in July reached 1.9 billion board feet, down 1%
from June but up 2% from July 2010. Production through seven months also was up
2%, to 13.3 bbf. British Columbia accounted for the increase, led by a 16% rise
in the Southern Interior and a 10% rise on the Coast through seven months.
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Posted by Administrator on September 29, 2011 at 4:29 PM under
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Sinclar Group Forest Products announced that it will not resume operations at
its Winton Global Lumber plant sites in Prince George, B.C. In a press release,
Sinclar noted that U.S. housing starts have plummeted, causing lumber prices to
drop and eliminating the primary market for the dimension lumber produced by
Winton Global.
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Posted by Administrator on September 29, 2011 at 11:46 AM under
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Galardy Technical Services Ltd now offers a new Economic Line of LCD Monitors from Tatung.
Sizes: 17", 19", 22", 32" & 42"
Aspect Ratio for 17" & 19": 4:3
Aspect Ratio for 19", 22", 32" & 42": 16:9
Visit our page: LCD Monitors on this site for more info.
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Posted by Administrator on September 29, 2011 at 11:41 AM under
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Tolko Industries Ltd. has announced that operations at the company's plywood
mill near Kamloops, B.C., will decrease from four shifts to three effective
October 30. About 30 employees and 50 million square feet (3/8-inch basis) of
plywood will be affected. The cutback is in response to poor plywood markets and
the competitive log market, according to Plant Manager Brenda Roberts.
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Posted by Administrator on September 15, 2011 at 11:18 AM under
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New Page 1
West Fraser Timber Co., Vancouver, declared a quarterly dividend of 14 cents
per share on the common shares and Class B Common shares in the capital of the
company, payable on October 11 to shareholders of record on September 27. -
9/15/2011
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Posted by Administrator on September 14, 2011 at 10:09 AM under
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New Pag
Ligni Bel Ltd laid off half of the 80 workers at its sawmill in Scotsburn,
Nova Scotia, this week and is running day to day after a shutdown at a nearby
paper company suddenly cut off its log supply, according to the Chronicle Herald
newspaper. NewPage Port Hawkesbury supplied the logs for the Ligni sawmill, but
shut down recently and is now in creditor protection and up for sale, the
newspaper reported.
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Posted by Administrator on September 9, 2011 at 12:49 PM under
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New Page 1
Municipal leaders in Ontario say that a provincial plan aimed
at protecting caribou and their habitat would cause an immediate 25% reduction
in wood supply available to the forest products industry, and a 65% reduction in
less than 30 years, according to The Working Forest newspaper.
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Posted by Administrator on September 7, 2011 at 12:40 PM under
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New Page 1
The brown longhorn spruce beetle could shut down borders
between New Brunswick and the U.S. if its spread isn't handled properly,
according to Andrew Fedora of the Federation of Nova Scotia Woodland Owners.
"If the maritime region isn't perceived to be doing all it can do to
prevent the spread of that bug, then that could severely restrict trade
relations with the U.
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Posted by Administrator on September 6, 2011 at 6:40 PM under
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New Page 1
Canfor Corp. has restarted the company's sawmill in Vavenby, B.C., following
a $C24 million capital investment, which included a new canter line, a new grade
optimizer in the planer, and an upgraded planer feed system. At full production,
the sawmill will add 240 million board feet of S-P-F to the company's annual
capacity.
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Posted by Administrator on September 3, 2011 at 10:57 AM under
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New Page 1
Canadian lumber production at the midway point of the year
had reached 11.4 billion board feet, 2% ahead of the year-ago pace. Production
in British Columbia through June was 6.2 bbf, up 7%, with the Southern Interior
up 18% to 265 million board feet. Canadian output in June totaled 1.
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Posted by Administrator on September 2, 2011 at 10:54 AM under
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New Page 1
Western lumber production totaled 6.939 billion board feet
through July, up 6.5% from the first seven months of 2010, according to the
Western Wood Products Association. Through July, production in the Coast region
was up 7.1% vs. a year ago. Inland production was up 5.
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Posted by Administrator on September 1, 2011 at 9:00 AM under
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Galardy Technical Services Ltd now offers a new Economic Line of LCD Monitors from Tatung.
Sizes: 17", 19", 22", 32" & 42"
Aspect Ratio for 17" & 19": 4:3
Aspect Ratio for 19", 22", 32" & 42": 16:9
Visit our page: LCD Monitors on this site for more info.
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Posted by Administrator on August 30, 2011 at 10:06 AM under
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AbitibiBowater has announced plans to upgrade and restart its currently idled
sawmill in Ignace, Ontario. The $C32 million investment includes the addition of
an energy system and kilns to dry lumber, and a planer and packaging system to
allow for the production of finished lumber ready for market. Engineering,
design, and construction will occur over the next two years, with a return to
production forecast for 2014. The investment is subject to the company reaching
an acceptable labor agreement with the United Steelworkers union and finalizing
an agreement on municipal matters with the township of Ignace.
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Posted by Administrator on August 24, 2011 at 4:58 PM under
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Louisiana-Pacific has announced plans to curtail press production of OSB at its mill in Dawson Creek, B.C., beginning August 25. The mill will continue to produce radiant barrier sheathing. Executive Vice President of OSB Jeff Wagner said the company believes that it will resume OSB production at the mill as the housing market starts to improve. - 8/24/2011
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Posted by Administrator on August 19, 2011 at 4:58 PM under
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Conifex Timber Inc. reported a second-quarter net loss of $C3.6 million,
or 24 cents per share. EBITDA improved by $1.0 million compared to the same
quarter last year. - 8/19/2011
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Posted by Administrator on August 15, 2011 at 4:56 PM under
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Canadian National Railway and China's CNBM Forest Products Trading agreed to
use a new CN facility in Vancouver, B.C., to transload Canadian lumber into
containers bound for China starting this fall. Initial capacity at the yard is
10,000 containers per year. CN also said it plans to increase transload capacity
at a separate facility that feeds into the Port of Prince Rupert. That facility
will now be able to ship more than 30,000 containers a year. - 8/15/2011
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Posted by Administrator on August 8, 2011 at 4:56 PM under
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Ainsworth Lumber Co. Ltd. reported a second-quarter net loss from
continuing operations of $12.9 million, compared to a loss of $17.3 million in
the second quarter of 2010. - 8/8/2011
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Posted by Administrator on August 5, 2011 at 4:55 PM under
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Carrier Forest Products Ltd. is planning to re-establish a sawmill complex near Big River, Saskatchewan, according to media reports. A sawmill and planer are expected to restart in the fall of 2012, coinciding with the startup of the Prince Albert pulp mill. Negotiations reportedly are under way between Carrier and Eacom Timber Corp., the sawmill's current owner, which purchased it from Domtar in 2009. Results of those talks will determine whether Carrier will restart the old sawmill or build a new one.
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Posted by Administrator on August 4, 2011 at 4:54 PM under
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Western Forest Products reported second-quarter net income of
$C12.1 million, or 3 cents per share, compared to net income of $C9.8 million,
or 2 cents per share, in the same period last year. - 8/4/2011
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Posted by Administrator on August 4, 2011 at 4:50 PM under
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Onex Corp., a Canadian investment firm, has agreed
to pay $864 million to take control of about 58% of Jeld-Wen Inc. Jeld-Wen's
headquarters will remain in Klamath Falls, Ore., and Rod Wendt will remain as
chief executive officer. Onex also will appoint a new company president, Philip
Orsino, and will control half of Jeld-Wen's board seats. Jeld-Wen, Oregon's
largest privately held company, produces windows and doors. - 8/4/2011
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