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Carbotech Group Acquires Autolog

Carbotech Group Acquires Autolog Effective July 6, 2021, Carbotech Group has completed the full acquisition of Autolog, a company specializing in wood processing optimization and automation. Experiencing continuous growth as the industry has boomed, Carbotech...

Resolute Continues Sawmill Enhancements

Resolute Continues Sawmill Enhancements Resolute Forest Products Inc. announced capital investments of $50 million in its wood products operations, including: $22 million to modernize equipment at the Senneterre, Quebec sawmill; $13 million at the Thunder Bay/Fort...

Housing Starts Increase In May, Far Ahead Of One Year Ago

Housing Starts Increase In May, Far Ahead Of One Year Ago U.S. housing starts bounced back in May following a dip in April. Housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.572 million, a 3.6% increase over...

Interfor Purchases Four Sawmills From GP

Interfor Purchases Four Sawmills From GP Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to...

Canfor Plans New Sawmill In Louisiana

Canfor Plans New Sawmill In Louisiana Canfor Corp. announced it will invest $160 million to build a new sawmill near DeRidder, La. The facility will have an annual production capacity of 250MMBF on a two-shift basis and will employ 130. Startup is expected to commence...