Header: Header: Header:

Saskatchewan’s Carrier Forest Products Sawmill To Close

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

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.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

Canfor Q4 Profit Rises On Lumber Price Gains

Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31…

U.S. Hardwood Lumber Markets Continue To Build Momentum

The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—trends up to 117.8 in February…

Idaho Forest Group Upgrading Sawmill Equipment

Idaho Forest Group is installing new equipment at its sawmill in Nez Perce County that will double the capacity of the facility. Company President Scott Atkison tells the Lewiston Tribune the company is putting in…

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
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.