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
Timber Could Be Growth Industry If Housing Soars
For some reason, investors seem to be wary of stocks. It may be because bonds have beaten the...
Sawdust Fuelled Most B.C. Sawmill Fires In Last Decade
Sawdust, wood shavings and chips, which are suspected to have played a part in two recent deadly...
Austria’s Klausner Group Plans To Build Sawmill In North Florida
Austria’s Klausner Group Plans To Build Sawmill In North FloridaThe U.S. subsidiary of Austrian...
Wood Products Boost Revenues At Weyerhaeuser
Weyerhaeuser Co., one of the industry’s largest supplier of wood products, reported net sales from...
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.