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Explosions Trigger Safety Review Of B.C.’s Sawmills

Explosions Trigger Safety Review Of B.C.’s Sawmills 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...

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 professional...

Log, Lumber Prices Put Squeeze On Western Sawmills

Results of a multi‐client benchmarking study show that in spite of operational improvements, dimension lumber mills in the U.S. West have struggled to overcome the narrowing gap between log prices and lumber selling values. The study included 10 dimension lumber...

Canfor Completes Tembec Transaction

Canfor has completed the acquisition of the Tembec Industries Ltd.’s southern British Columbia interior wood products assets consisting of the Elko and Canal Flats sawmills and approximately 1.1 million m3 of combined Crown, private land and contract annual allowable...

U.S. Claims B.C. Loggers Violating Softwood Lumber Deal

The American lumber lobby says the B.C. government has been under-charging coastal forest companies for timber harvested on Crown lands to the tune of $70 million a year. And that throws into question the accuracy of B.C.’s marketpricing system, according to the...