EDMONTON – Millar Western Forest Products continues its growth strategy with the acquisition of Spruceland Millworks Inc. Millar Western has acquired all shares of the company, its manufacturing operations in Acheson, Alberta, and its woodlands assets. The transaction brings together two companies that have enjoyed a productive business relationship for decades. Spruceland Millworks is a…
Anti-dumping and countervailing duties on Canadian lumber imported to the U.S. went into effect on Jan. 3. The duties are the latest step in the ongoing trade dispute of over softwood lumber. Bloomberg reports that the U.S. Department of Commerce slightly lowered its previously-announced rates. “Wednesday’s anti-dumping duties cut Canfor’s rate to 7.3 per cent…
OTTAWA – The Government of Canada is providing an advance payment of $175 million through the Disaster Financial Assistance Arrangements (DFAA) to the province of British Columbia. This money will help with the costs associated with long-term recovery and rebuilding in communities affected by the wildfires this past summer. The federal government also issued a…
SEATTLE, WA – Global sawlog prices were higher throughout the world in the 3Q/17 and are likely to continue upward into 2018 because of strong demand for lumber in key markets, reports the Wood Resource Quarterly. The Global Sawlog Price Index (GSPI) was up 5.1 per cent from the 2Q/17 to the 3Q/17, with the…
An overnight fire Dec. 30 at Kenora Forest Products in northwestern Ontario destroyed two of the mill’s drying kilns. Kenora City Fire chief, Todd Skene, told local media the kilns were fully involved, so the fire was allowed to burn itself out while other structures were protected. There are no reports of injuries, Skene told…
WASHINGTON – Modular construction, using timber as a key element, is a credible solution to fast and sustainable house building, says Finnish lumber company, Metsä Wood. However, the lumber producer believes that more needs to be done in terms of sharing knowledge and innovation in wood construction to further advance the use of this material…
A California logging company has paid US$1.95 million to settle allegations by the United States Department of Justice relating to a wildfire in 2012 that burned 318 acres of national forest land. CLT Logging, Inc., a timber company that conducts operations throughout Northern California, paid the settlement of $1.95 million. Additional parties to the settlement…
Last fall, the Coast Forest Products Association joined Doug Donaldson, Minister of Forests, Lands, Natural Resource Operations and Rural Development, on B.C.’s largest-ever forestry trade mission to Asia. Along with more than 30 delegates from across British Columbia’s forest industry, Coast Forest met with key government and industry players in China and Japan, working to…
VANCOUVER – Western Forest Products has agreed to acquire Hampton Lumber Mills-Washington’s lumber processing and distribution centre in Arlington, Washington. The purchase price is approximately USD $9 million and the deal is expected to close in January 2018. “This acquisition is a natural fit for Western as it allows us to increase the production of…
ISABELLA COUNTY, Mich. – Bandit Industries will celebrate its 35th anniversary in 2018 with a world-wide dealer network, and with many thousands of customers spanning multiple industries. “Thirty-five years is a long time to be in business,” said Bandit president and co-owner Jerry Morey. “That’s why we’re going to take some time in 2018 to…