by Web Editor | Jul 27, 2018 | News
Canfor Corporation says it paid $51.7 million in countervailing duties in the second quarter, the result of U.S. tariffs that went into force in 2017. Canfor, which sells more than half of its lumber to the U.S., reported operating income of $282.1 million for the...
by Web Editor | Sep 2, 2016 | News
Oregon’s Hampton Lumber Acquires Banks Lumber Mill Hampton Lumber has acquired the assets of the Banks Lumber Mill, just months after the Washington County mill had laid off its employees and ceased operations. Portland-based Hampton plans to upgrade the mill...
by Web Editor | Mar 28, 2016 | News
Seneca Sawmill in Eugene is more than halfway through a $60 million equipment upgrade to its complex off Highway 99. The improvements should be complete this September, Chief Executive Todd Payne said on Tuesday. The investment by the family-owned company allows...
by Web Editor | Oct 5, 2015 | News
A weak Loonie, an expiring softwood agreement and poor demand from Asia has lumber prices down sharply in the Pacific Northwest. F.H. Stoltze Land and Lumber in Columbia Falls has not had any layoffs due to the poor pricing, general manager Chuck Roady said Monday,...
by Web Editor | Aug 12, 2015 | News
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...