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Maibec Selling Its Two Sawmills To Groupe Lebel

Maibec has announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St. Pamphile, Que., and Masardis, Maine. The 315 employees of Maibec that are concerned by this transaction will...

Global Lumber Market: Futures Prices Still Breaking Records

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...

Maine’s Katahdin Forest Products Mulls Sawmill Expansion

Maine’s Katahdin Forest Products Mulls Sawmill Expansion Katahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves a cloud of...