by Kirkland | Aug 16, 2019 | News
Element5 Plans Second CLT Plant Tembec founder Frank Dottori appears to be fronting the establishment of Ontario’s first cross-laminated timber (CLT) plant in St. Thomas, Ontario. The Ontario government announced a contribution of close to $5 million for the $32...
by Web Editor | Dec 4, 2017 | News
Moody’s: High Lumber Prices In 2018 To Outweigh Cost Of U.S. Duties Sustained high lumber prices in 2018 will cover the cost of final duties imposed by the US government on Canadian lumber imports, benefiting North American producers and timberland owners,...
by Web Editor | May 26, 2017 | News
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...
by Web Editor | Oct 7, 2016 | News
Canadian Lumber Executives Press Softwood Deal With U.S. Canadian lumber and government officials told the U.S. trade representative that any new softwood lumber agreement must reflect the differences in forestry regimes across the country. The chief executives of 10...
by Web Editor | Feb 3, 2016 | News
Tembec, citing weakness in the North American softwood lumber market and high wood costs, is indefinitely suspending operations at its sawmill in Senneterre, Que., putting 148 employees out of work. The Montreal-based company, which last week reported strong results...