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
Canfor Closures Causing Ripples
Canfor Corp., which announced in early September the closure of its Vanderhoof and Fort St. John sawmills in northern British Columbia, citing ongoing financial losses, weak lumber markets, and increased U.S. tariffs, said it remains…
Vermont Announces Business Loan Program
A new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided in the form of…
Sierra Pacific Plants 300 Millionth Seedling
Sierra Pacific Industries reported the planting of its 300 millionth seedling on its timberlands this spring. “I wouldn’t have imagined 75 years ago when we started with no land and one very small sawmill that…
Fulghum Commissions 170 ft. Crane In Arkansas
Fulghum Industries, Inc. is pleased to announce the commission of the recently installed 170 ft. 45 ton log crane for the modernization project of PotlatchDeltic, Waldo, Ark. The crane will be feeding a BID Group…
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.