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
Canfor Closures Causing Ripples
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); 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.…
Vermont Announces Business Loan Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); 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…
Sierra Pacific Plants 300 Millionth Seedling
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); 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…
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.