West Fraser Puts Leola Sawmill On Hold
West Fraser announced that it will indefinitely curtail its Huguley oriented strandboard (OSB) mill in Lanett, Ala. and sawmill in Leola, Ark. These curtailments are expected to take effect in the fourth quarter following orderly wind-downs.
These decisions are the result of continued weakness in demand for wood products used in new home construction and repair and renovation applications, according to the company. These actions are expected to reduce West Fraser’s OSB capacity by 500MMSF and southern yellow pine lumber capacity by 225MMBF on an annual basis.
“Over the last quarter, housing affordability continued to be a key constraint for wood products demand, which remains soft,” says Sean McLaren, West Fraser President and CEO. “We were also impacted by higher energy-related input costs. Our teams responded by running mills to demand, reducing inventory and controlling costs.
“Decisions like this are never easy because of the impact they have on our employees, their families and the communities where we operate. We are grateful for their hard work and contributions, and we are committed to supporting them through this transition.”
Latest News
Jonathan Martin Dies In Louisiana
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Jonathan E. Martin, an industrial engineer who led the transformation of his family’s small sawmill operation into a multi-facility producer of OSB and plywood, all the while growing the company’s timberland…
Sierra Pacific Installing Solar Panels
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Continuing its commitment to sustainable energy, Sierra Pacific Industries is installing 30 acres of solar panels near its Red Bluff, Calif. offices. The project, which consists of 30,240 panels, is expected…
TP&EE 2020 Off To A Good Start
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); More than a hundred companies have already signed on to exhibit at the Timber Processing & Energy Expo to be held September 30 to October 2, 2020 at the Portland Exposition…
Canfor Committee Analyzing Great Pacific Offer
Canfor Corp. announced that a Special Committee of its board of directors has retained Greenhill & Co. as financial advisor. Greenhill is preparing a valuation of the common shares of the company. Additionally, the Special…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.