by Working Forest | May 8, 2017 | Archives
Montreal-based Stella-Jones posted Thursday a decline in profit and revenue for the first quarter. The company generated a quarterly profit of $25.9 million or 37 cents per share, compared to $35 million or 51 cents per share at the same time last year. Its revenues...
by Working Forest | May 4, 2017 | Archives
When President Donald Trump slapped tariffs on Canada’s softwood lumber industry last week, he ignited a trade dispute that was a long time coming. And his actions could impact the local economy far beyond whether our mills or theirs prevail in a disagreement that has...
by Working Forest | May 4, 2017 | Archives
White River’s lumber mill will likely get hit hard by U.S. duties on Canadian softwood, but the industry veteran in charge of the plant believes it will come through the crisis. “It’s the same old battle (with the U.S.), but we will survive,” White River Forest...
by Working Forest | May 4, 2017 | Archives
JDI thanks the hundreds of NB private wood producers and woodlot owners who made the 2016- 2017 operating year a record breaking season. JDI mills bought over 860,000 cubic meters of wood, worth over $40 million, from NB private woodlots. This volume is roughly...
by Working Forest | May 4, 2017 | Archives
A week after President Donald Trump vowed to impose new tariffs on Canadian lumber imports to help the U.S. timber industry, lawmakers passed a spending bill that could push U.S. government agencies to promote burning wood pellets to fuel power plants. The budget bill...
