News & Updates
Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
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,…
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival…
Simonds International Announces Merger With Scies B.G.R. Inc.
Simonds International and Scies B.G.R. Inc. recently announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber…
Resolute Forest Products Announces Layoffs Amid Softwood Lumber Battle
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Hundreds of Quebec forestry workers are experiencing the first sour tastes from the softwood lumber battle with the United States as they prepare for the start of layoffs. Starting Monday, Resolute…
How CLT Could Change The U.S. Building Landscape
Project teams looking for building materials and systems with a lower environmental impact are increasingly eyeing wood — specifically cross-laminated timber (CLT), a type of mass timber that, research has shown, rivals concrete and steel…
Canfor Corp. Eyes U.S. Acquisitions Amid Lumber Duty Dispute
Canfor Corp., one of the world’s largest forestry companies, sees potential acquisition opportunities in the U.S. South as smaller companies struggle in the wake of carnage left by new softwood lumber duties. “We’ve got an…
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