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West Fraser Timber CEO Says U.S. Housing Market Improving

The head of West Fraser Timber warned Tuesday that demand for lumber can be volatile through the winter as the recovery in the U.S. housing market continues to be slow. Lumber prices were up in the third quarter, helping boost the Vancouver-based company’s...

B.C. Lumber Industry Not Expected To Meet U.S. Demand

Plans by West Fraser Timber Co. Ltd. and Canfor Corp. to close sawmills in the interior have raised concerns that B.C. lumber output in the region will lag demand driven by a rebound in the U.S. housing market. B.C. interior sawmills operated by firms such as West...

Canfor Reaches Agreement To Buy Three Mills In U.S. South

Canfor Reaches Agreement To Buy Three Mills In U.S. South Canfor Corp. announced it has reached an agreement to purchase three sawmills in the southern U.S., marking the third major purchase in the region this year by a B.C. forest company. “Basically, we have a...

Canfor Southern Pine Expanding In S.C. Mill

Lumber manufacturer Canfor Southern Pine announced Wednesday plans to expand its existing production facility in Horry County. The $3.6 million investment is expected to generate 56 new jobs. Canfor plans to install a continuous kiln system to increase its...