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
GP Taylorsville Provides Tornado Relief
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Through their partnership with Convoy of Hope, a non-profit organization dedicated to providing disaster relief, Georgia-Pacific Taylorsville lumber and plywood mill employees handed out a variety of relief items to people…
Sumitomo Forestry America Acquires Teal Jones Louisiana Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); In early April, Sumitomo Forestry Co., Ltd. announced that its Board of Directors has agreed to acquire 100% of the shares of Teal Jones Louisiana Holdings, LLC (TJLH) through its wholly…
Charles Ingram Lumber Commissions Fulghum 170 ft. Log Crane
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fulghum Industries, Inc. has successfully commissioned a new 170 ft. 45-ton log crane for Charles Ingram Lumber’s expanding operations in Effingham, SC. “Charles Ingram Lumber has had a very positive experience…
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.