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
Peak Announce SYP Pellet Mill
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area. Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan…
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S. housing starts dropped 8.1% in September from August to a seasonally adjusted annual rate of 1.439 million, including a drop in single-family starts of 4.7% to 892,000 and a decline in multi-family starts of 13.1% to 530,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a…
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.