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
Peak Announce SYP Pellet Mill
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area. Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan…
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S. housing starts dropped 8.1% in September from August to a seasonally adjusted annual rate of 1.439 million, including a drop in single-family starts of 4.7% to 892,000 and a decline in multi-family starts of 13.1% to 530,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a…
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.