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...
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...
