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
Softwood Lumber Prices Back On The Rise
Softwood lumber prices in the US and Canada are back on the rise as an improving housing market in the US has fed through to higher levels of demand and Canadian exports of softwood lumber…
University Of Kentucky Project: Potential In Connecting Carbon Credits To Hardwood
The University of Kentucky’s Department of Forestry has completed a project to help hardwood sawmills determine the feasibility of increasing revenues by selling carbon credits tied to their role in producing long-lived wood products that…
Resolute Forest Products To Build $50M Atikokan Sawmill
Resolute Forest Products will build a new sawmill in the Atikokan area, according to Resolute president and CEO Richard Garneau. The mill will employ about 90 people, with additional indirect jobs related to hauling lumber…
Weyerhaeuser Posts Best Sales In Four Years On U.S. Housing Recovery
Weyerhaeuser Co., a century-old producer of forest products, reported its highest revenue in more than four years, adding heft to recent government data showing that a recovery in the U.S. housing market has taken hold.…
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.