by Web Editor | Aug 12, 2015 | News
Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...
by Web Editor | Jul 17, 2015 | News
A trend whereby B.C. forest products companies have been snapping up sawmills south of the border while shuttering plants here is likely to continue. That prediction, from a new Conference Board report, is part of a good news/bad news story about a sector contributing...
by Web Editor | Jun 8, 2015 | News
A Quebec-based company that completed the purchase of Fraser Timber’s lumber mill in Masardis in January will temporarily layoff its 135 employees next week due to market conditions. The layoff at Maibec will last four weeks, according to Charles Tardif, vice...
by Web Editor | Jun 8, 2015 | The Issues
Article by Rich Donnell, Editor-In-Chief The majority of this issue—nearly 30 pages in fact—is devoted to the results of our annual Sawmill Capital Expenditure Survey. Again we’ve broken it down into two sections—softwood lumber and hardwood lumber. I’m not sure if...
by Web Editor | Apr 10, 2015 | News
Today USDA Secretary Tom Vilsack announced the award of over $9 million to expand and accelerate wood energy and other wood product markets. The federal funds will leverage $22 million in investments from partners, resulting in a total investment of $31 million in 23...