by Kirkland | Dec 10, 2020 | News
West Fraser Purchases Norbord For $3 Billion West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West...
by Kirkland | Jan 16, 2020 | News
Resolute Forest Products Purchasing Three Sawmills Resolute Forest Products Inc. entered into an agreement to acquire Conifex Timber Inc.’s three sawmills in the U.S. South for $163 million plus working capital estimated at $7 million. The three sawmills, with...
by Web Editor | Aug 24, 2018 | News
U.S. Lumber Price Surge Results In Record Profit Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random Lengths reached its...
by Web Editor | Aug 8, 2018 | News
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...
by Web Editor | Aug 6, 2018 | News
Interfor To Invest In Georgia Sawmill Interfor Corporation is investing into its Thomaston sawmill in Upson County. The lumber manufacturer announced its Thomaston mill will be part of Phase II of the Southern Investment Strategy. In all, Intefor Corporation is taking...
