by Web Editor | Jun 24, 2015 | News
In the 60 years since Bob Jordan III joined his family’s North Carolina sawmill business, he hasn’t seen anything quite like the Canadian invasion of the South’s lumber industry. “You didn’t have people coming in from the outside — we never had this before,”...
by Web Editor | Feb 27, 2015 | News
At first blush, year-end financials and stock prices for B.C.’s largest forest companies would suggest the province’s forestry sector is well on the road to recovery after a decade-long slump. Interfor Corp., for example, posted record sales of $1.4 billion in 2014...
by Web Editor | Jul 9, 2014 | News
North American lumber supplies and prices could be affected by a ruling from the Supreme Court of Canada granting the Tsilhqot’in First Nation title claim on land in central British Columbia. The decision, handed down June 26, gives the group exclusive right to...
by Web Editor | Mar 3, 2014 | News
Canfor Corp. says it has an agreement to sell the Daaquam sawmill in Saint-Just-de-Bretenières, Que., in a deal worth $25 million. The deal with Groupe Lebel Inc. and others is expected to close by the end of March, Canfor said in a release on Friday. The Daaquam mill...
by Web Editor | Feb 7, 2014 | News
Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31 percent to C$28 million, or 20...