VANCOUVER – Western Forest Products has decided to indefinitely curtail operations at its Somass sawmill located in Port Alberni, B.C. The decision “is in response to the lack of log supply to operate the mill efficiently, as well as the uncertainty caused by duties recently applied to Canadian softwood lumber products sold into the United…
VANCOUVER, BC – Wood products manufacturer Louisiana-Pacific will acquire International Barrier Technology Inc. for $22 million, making the British Columbia company a wholly-owned subsidiary of LP. “We are confident that this acquisition will help accelerate our growth into new markets,” LP CEO Brad Southern said. Barrier manufactures the fire retardant coating used in LP® FlameBlock®…
A harvester in central New Brunswick says logging with horses is serving a niche market. “I kind of saw there was a niche market for wood that you couldn’t really cut with a harvester, and there was people who really didn’t want harvester damage,” Craig Sabean says in a CBC News story. Sabean is the…
A former employee of the B.C. Forest Service criticizes forest management decisions being made by public servants in Victoria “that work against the sound management of local forests,” in a recent opinion piece in the Vancouver Sun. Anthony Britneff worked for the B.C. Forest Service for 40 years, holding senior professional positions in inventory, silviculture…
TORONTO – Norbord Inc. reported Adjusted EBITDA of $165 million for the second quarter of 2017 versus $94 million in the second quarter of 2016 and $103 million in the first quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. “Our second quarter Adjusted…
MONTREAL – The Forest Stewardship Council Canada, an independent certifier of forest management practices, is pleased the federal government has issued a draft action plan to support Canada’s boreal caribou population, but believes the plan must do more to encourage better forest management practices as a vital element to protecting caribou and other species at…
VANCOUVER – Canfor Corp. reported operating income of $131.0 million for the second quarter of 2017, up $24.2 million from reported operating income of $106.8 million for the first quarter of 2017, as a solid improvement in lumber segment operating earnings more than offset slightly lower pulp and paper segment earnings. Improved lumber segment results…
TORONTO — Unifor’s regional councils have added another $120,000 to BC wildfire relief donations, bringing the union’s total Red Cross donation to more than $220,000. “I want to thank our regional bodies for stepping up to extend Unifor’s solidarity,” said Jerry Dias, Unifor national president. “Unifor members in every province are concerned about the welfare…
VANCOUVER – West Fraser Timber will acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million. The Gilman Companies are comprised of six sawmills and a finger‑joint mill in Florida and Georgia, as well as an administrative office in St. Marys, Georgia. The acquisition is a…
VANCOUVER – Acadian Timber Corp. reported solid financial and operating results for the three months ended June 24, 2017. “Acadian’s second quarter benefited from favourable winter conditions which supported strong seasonal log production,” said Mark Bishop, CEO of Acadian. “Acadian continues to experience strong regional demand for hardwood logs and the outlook for softwood sawtimber…