Resolute Continues Sawmill Enhancements
Resolute Forest Products Inc. announced capital investments of $50 million in its wood products operations, including: $22 million to modernize equipment at the Senneterre, Quebec sawmill; $13 million at the Thunder Bay/Fort William First Nation, Ontario sawmill to increase capacity by up to 40MMBF with new equipment and modifications to the fiber flow; and $15 million at the Glenwood, Ark. and Cross City Fla. sawmills to support fiber optimization and overall efficiency. The Cross City investment will also increase capacity by up to 20MMBF.
The improvements at the U.S. sawmills build on the previously announced investments associated with the restart of the El Dorado, Ark. sawmill. The company anticipates completing all the projects by the end of the third quarter of 2022.
RELATED ARTICLES
Resolute Forest Products Purchasing Three Sawmills
Latest News
Scotiabank Declares Lumber Its Top Investment Pick For 2013
After four years of being the forgotten commodity, lumber is back in the spotlight, named Scotiabank’s top pick for investors for the coming year. “The investment sentiment has changed,” said Patricia Mohr, vice-president of economics…
Klausner To Proceed Building $110 Million North Carolina Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Gov. Bev Perdue announced recently that Klausner Lumber Two, a privately-owned softwood timber manufacturer, will establish a state-of-the-art sawmill in Halifax County. The company plans to create 350 jobs over the…
EACOM Timber Corporation Approves USNR To Rebuild Timmins Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); EACOM Timber Corporation is pleased to announce that the Board has approved entering into an agreement with USNRKockums Cancar Inc. to rebuild the Timmins Mill. The total cost of the project…
Canfor Announces Capital Investments In Elko Sawmill
Canfor Corporation announced today that the Company will proceed with capital investments totaling an estimated $40 million in its Elko sawmill, located in the Kootenay region of British Columbia. This investment is part of 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.