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Lumber Supplier Canfor Loans $30 Million To Conifex

Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...

Beetle Plague Spurs Canadians On U.S. Sawmill Buying Spree

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,”...