by Web Editor | May 26, 2017 | News
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...
by Web Editor | May 24, 2017 | News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
by Web Editor | May 24, 2017 | The Issues
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a major drop in housing starts, signs within and outside the industry are...
by Web Editor | May 19, 2017 | News
Simonds International and Scies B.G.R. Inc. recently announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber industry. The combined entity will continue...
by Web Editor | May 15, 2017 | News
Resolute Forest Products Announces Layoffs Amid Softwood Lumber Battle Hundreds of Quebec forestry workers are experiencing the first sour tastes from the softwood lumber battle with the United States as they prepare for the start of layoffs. Starting Monday, Resolute...
by Web Editor | May 12, 2017 | News
Project teams looking for building materials and systems with a lower environmental impact are increasingly eyeing wood — specifically cross-laminated timber (CLT), a type of mass timber that, research has shown, rivals concrete and steel in performance but has a...