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
B.C. Braces For Timber Supply Slump
Beetle-killed pine trees across the B.C. Interior will start to become uneconomical to log in the next two to five years, resulting a steep drop in timber supply and employment, according to a technical report…
Explosions Trigger Safety Review Of B.C.’s Sawmills
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); WorkSafeBC has ordered sawmills across the province to immediately investigate sawdust levels and other possible workplace hazards in their facilities, saying the review is urgently needed given explosions at two northern…
GE Capital Closes On Loan For 84 Lumber Company
GE Capital Corporate Finance recently announced it is co-collateral agent and documentation agent for a $225 million asset-based loan for 84 Lumber Company, one of the nation’s leading privately-held building materials and services suppliers to…
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.