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...
by Working Forest | Jul 25, 2017 | Archives
A unique, two-week intensive lumber grading short course will be offered in Ontario next month. Block 1 of the National Hardwood Lumber Association training usually requires two weeks of hands-on study at the NHLA Inspector Training School in Memphis, Tenn. This year,...
by Working Forest | Jul 25, 2017 | Archives
TORONTO – Norbord has resumed production at the company’s OSB mill in 100 Mile House, B.C., the evacuation order for 100 Mile House and nearby communities was lifted. On July 10th, Norbord reported that the mill had temporarily suspended production in order to comply...
by Working Forest | Jul 25, 2017 | Archives
MONTREAL — Rayonier Advanced Materials has raised its takeover offer for Tembec after two of the Canadian forest products company’s shareholders had threatened to vote against the deal. Oaktree Capital Management and Restructuring Capital Associates, who...
by Working Forest | Jul 20, 2017 | Archives
MONTREAL, QC – Two of the largest shareholders of Tembec Inc. have said they will not support the proposed acquisition by Rayonier Advanced Materials Inc. unless the company improves its offer. Oaktree Capital Management LP, which owns 19.9 per cent of the Canadian...
