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
Canfor Closures Causing Ripples
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canfor Corp., which announced in early September the closure of its Vanderhoof and Fort St. John sawmills in northern British Columbia, citing ongoing financial losses, weak lumber markets, and increased U.S.…
Vermont Announces Business Loan Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided…
Sierra Pacific Plants 300 Millionth Seedling
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Sierra Pacific Industries reported the planting of its 300 millionth seedling on its timberlands this spring. “I wouldn’t have imagined 75 years ago when we started with no land and one…
Fulghum Commissions 170 ft. Crane In Arkansas
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fulghum Industries, Inc. is pleased to announce the commission of the recently installed 170 ft. 45 ton log crane for the modernization project of PotlatchDeltic, Waldo, Ark. The crane will be…
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.