by Working Forest | Jul 27, 2017 | Archive Articles, Articles
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...
by Working Forest | Jul 27, 2017 | Archives
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...
by Working Forest | Jul 27, 2017 | Archives
MONTREAL – Pulp, paper and lumber producer Tembec announced net earnings of $17 million in the June 2017 quarter compared to net earnings of $9 million in the June 2016 quarter. Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was...
by Working Forest | Jul 25, 2017 | Archives
MISSISSAUGA, ONT. – Weston Forest has expanded its operations into the United States with the purchase of the assets of Great Northern Lumber of Michigan. Weston Forest will operate the facility as Northern Industrial Woods Inc. The two companies have had a...
by Working Forest | Jul 25, 2017 | Archives
VANCOUVER – West Fraser Timber Co. has reported its second quarter 2017 results, showing an increase in earnings and strong product pricing. The company’s lumber segment generated operating earnings of $171 million (Q1-17 – $152 million) and adjusted EBITDA of...
