Header: Header: Header:

Canfor Sells Sawmill, Piece Of Forest Tenure

Canfor Corp. is selling its Mackenzie, BC sawmill and site to Peak Renewables. Canfor also announced it is selling its forest tenure in the Mackenzie region to McLeod Lake Indian Band and Tsay Keh Dene Nation.

“We are very pleased that the sale of the Mackenzie tenure will provide an opportunity for the McLeod Lake Indian Band and Tsay Keh Dene Nation to grow their leadership in the forest economy and advance Nation stewardship values for the benefit of their communities,” comments Don Kayne, President & CEO, Canfor.

Chief Pierre of the Tsay Keh Dene Nation states, “First Nations in BC have been relegated to marginal roles in the forest sector for far too long. The Letter of Intent signed with Canfor has the potential to dramatically change this imbalance within the Mackenzie Timber Supply Area.”

RELATED ARTICLES

Canfor Plans New Sawmill In Louisiana

Canfor’s Vida Group Buys Sweden Mills

No-Go On Proposed Purchase Of Canfor

Latest News

Wood Markets Releases Top Lumber Producers Survey

The latest Wood Markets annual survey of the “top 20” Canadian and U.S. lumber producers shows that West Fraser Timber has retained its title of being North America’s largest softwood lumber producer in 2011 with…

U.S. Sawmill Production Increased In 2011

Full-year production by U.S. sawmills grew 7.7% in 2011 to 26.712 billion board ft. (bbf) from 24.802 bbf in 2010, according to the latest statistics from the Western Wood Products Assn. (WWPA). Sawmills in the…

Credit Crunch An Unusual Ally In U.S. Lumber Rally

U.S. lumber futures prices have soared about 30% in the past five months, with bets rising 18% since January with help from an odd ally: a credit crunch in the industry. Lumber distributors, who channel…

Find Us On Social

Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe/Renew

Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.