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Rubber and Wood News

Tolko Reconstructs Fire-Damaged Williams Lake Sawmill
The deconstruction activities are still in progress. As a result, assessment works are still pending.…
January 15th 2018
Massive Fire Leaves Kenora Forest Products’ Two Drying Kilns at Total Loss
The damages are estimated at $850,000, he added. Meantime, the company commended the efforts of…
January 3rd 2018
Western Forest Products Announces $9 Million Acquisition of US Lumber Mill
As part of the agreement, WFP will purchase Hampton’s lumber processing and distribution center in…
January 2nd 2018
CBC Report Forecasts Heavy Fall in Lumber Prices and Profits
Michael Burt, director, industrial trends, CBC noted that several factors contributed to high lumber prices…
January 1st 2018
Lumber Prices to Hit New Record Levels in 2018
The US, by restricting Canadian lumber exports via import duties, may find it difficult to…
December 20th 2017
Softwood Lumber Prices Hit Record High in Q3 '17
The US lumber production increased marginally by 3.2% year-on-year during the first nine months from…
December 14th 2017
New Brunswick Declares Fresh Moves to Fight Softwood Lumber Tariffs
Addressing the issue, Treasury Board President Roger Melanson said that the provincial government has adopted…
December 6th 2017
Interfor Declares $63 Million Investment To Modernize Sawmills
The $46 million investment at Monticello sawmill will install new state-of-the-art machine centers. As part…
November 29th 2017
Canfor Starts $28 Million Expansion of Moultrie, Georgia Sawmill
The expansion is being carried out with active support from the Colquitt County Economic Development…
November 27th 2017
Rayonier Completes $870 Million Acquisition of Tembec
As per estimates, the combined entity is likely to emerge as a global leader in…
November 22nd 2017
WestRock Announces $410 Million Investment in Florence County Mill
Accordingly, shutdown of these machines is scheduled to take place in 2020, alongside commencement of…
November 17th 2017
Cascades, Inc. Reports 6% Upsurge in Income During Q3 2017
The Q3 operating income stood at $51 million, slightly higher over the prior quarter and…
November 13th 2017