Recently Reopened BC Sawmill Forced To Close
A northwestern British Columbia sawmill has shut down after only a few months of it’s reopening, due to a rapid decline in lumber demand.
The Kitwanga Sawmill near Hazelton reopened July 8, 2011 with optimism that the B.C. forest sector was rebounding from a steep downturn, but mill owner Pacific Bioenergy announced recently that they have temporary shut down because of market events that were completely unforeseen when they started up this summer. The mill’s 45 employees and staff have been laid off temporarily.
Lumber prices have tumbled from a high in the $300 US range for 1,000 board feet in early 2011 to $229 US, which is below break-even for all but a handful of B.C. mills.
“We started the mill in the early summer period. All the experts leading up to that period in time were predicting stronger market outlooks,” said Wayne Young, Pacific Bioenergy’s president. Young also said the company is looking into options such as custom cutting lumber to keep the mill running until prices improve for commodity lumber. Pacific Bioenergy also has plans to build a pellet plant at Kitwanga.
Latest News
Sierra Pacific Breaks Ground In Eugene
Sierra Pacific Industries broke ground on its new state-of-the-art sawmill in Eugene, Ore. in early November. SPI’s Oregon crews joined in celebrating the placement of the first column—the start of what will soon be a…
Brunette Machinery Acquires Salem Machinery
Brunette Machinery Co. Inc. announced its asset purchase of Salem Equipment Inc., a longtime leading U.S. manufacturer of sawmill machinery. According to Brunette Machinery, the acquisition strengthens the company’s North American growth strategy and reinforces…
Hampton Lumber Breaks Ground On South Carolina Sawmill
In early November Hampton Lumber officials welcomed South Carolina Governor Henry McMaster and other dignitaries for a groundbreaking ceremony at Hampton’s new sawmill in Allendale County, SC. “We appreciate the warm welcome and the opportunity…
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.