Saskatchewan’s Carrier Forest Products Sawmill To Close
A Saskatchewan sawmill is shutting down and its remaining 12 workers have been given layoff notices. Operations at Carrier Forest Products in the Prince Albert area are to cease entirely later this month.
Shane Vermette with the Ministry of Economy says the downturn of the forest industry in 2006 continues to be felt. He says it’s been difficult ever since to find contractors to run logging equipment and trucks to deliver timber, so it’s not feasible to run both mills.
Vermette says all the workers at the Prince Albert sawmill have been offered jobs at Carrier’s Big River operation. He says they have the option of returning to the Carrier mill once it reopens.
Optimism remains high in the forest industry, he says, because lumber prices are expected to remain strong. “Lumber prices have increased dramatically in 2013 and they’re in fact expected to remain strong for several years,” Vermette said. “This is largely due to the emergence of several Asian economies, most notably China, and also the recent surge in U.S. housing starts.”
From Stockhouse: stockhouse.com.
Latest News
Interfor To Shut Down Two Washington Operations Citing Market Conditions
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Citing tough market conditions and a challenging fiber supply, Interfor announced Tuesday that it will curtail operations at its Beaver sawmill and at its planer in Forks. The Beaver operation will…
U.S. Lumber Prices To Rise As Increased Home Building Offsets Decreased Chinese Exports
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital…
West Fraser Investment In Pine Beetle Zone Faces Uncertain Future
The warning bell has been sounding for several years that the opportunity to extract economic value from pine beetle-killed trees would come to an end. West Fraser has focused on salvaging dead pine trees for…
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.