by Web Editor | Jun 11, 2018 | News
Back in March, FreightWaves reported on a “perfect storm for lumber markets”: a confluence of strong global demand and critical supply issues that caused futures prices for a thousand board feet of lumber to break $500 for the first time ever. To put that number in...
by Web Editor | Mar 1, 2018 | News
Rex Lumber Plans To Build Sawmill In Alabama, Hunt-Tolko, GP, Canfor Also Announce New Sawmills Southern pine lumber sawmills will soon be spreading like kudzu, with four companies in the past 10 days making announcements that they’re building new ones. Rex Lumber Co....
by Web Editor | May 24, 2017 | News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
by Web Editor | May 3, 2017 | News
Canfor Corp., one of the world’s largest forestry companies, sees potential acquisition opportunities in the U.S. South as smaller companies struggle in the wake of carnage left by new softwood lumber duties. “We’ve got an appetite for [mergers and acquisitions],”...
by Web Editor | Apr 22, 2016 | News
West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the Commerce...
