Rubber and Wood
Kamloops-area mills could face closure within months, forestry critic Stamer says
He warned that more mills, potentially including those in the Kamloops area, could close within three to four months if markets remain soft.Canadian softwood lumber producer prices fall 1.2% in August
Wood product prices trailed Canada's total Industrial Product Price Index by 4.9 percentage points year over year, leaving August's monthly gain short of the wider rise in factory-gate prices.Irving Sawmill Expansion Gets $112.9M Tax Credit Backing
Irving Forest Products has secured $112.9 million in combined federal and Maine New Markets tax-credit allocations to support the expansion of its Ashland Sawmill. The project will increase annual lumber capacity from 130 million to 250 million board feet and raise employment from about 140 to 220 full-time-equivalent positions.The American South Is Building Sawmills Faster Than It Can Fill Them
Forisk’s county-level work on growth against drain names Virginia as one of the places forecast to grow more pine than the mills take out through 2029, alongside northern Mississippi and northern North Carolina.Twain Lumber Company to reopen former Teal Jones sawmill, creating 74 jobs
Twain Lumber Company plans to restart the former Teal Jones sawmill in Henry County, Virginia, with a $7.4 million investment. The project is expected to create 74 jobs and increase annual capacity from 80 million to 108 million board feet.Global Softwood Markets Set for Tighter Supply Through 2035
Global softwood roundwood supply is projected to increase only about 0.5% annually through 2035, while demand from construction, packaging and biomass continues to expand. The U.S. South is expected to provide the strongest additional supply, while Canada, Europe and Russia face varying constraints.American South Offers the World’s Best Chance for More Softwood Logs
Southern capacity surpassed 27.7 billion board feet in 2025, 31 per cent above its 2017 level, while utilisation fell from 85 per cent in 2021 to 74 per cent in 2024, according to the University of Georgia’s reading of the same database.Lumber company invests $7.4M to reopen Henry County sawmill
The investment entails Twain Lumber Company purchasing new production machinery and equipment upgrades which the governor’s office said will enable the sawmill “to increase initial operational capacity from 80 million board feet annually to 108 million board feet at full capacity.Report: Montrose Forest Products Files WARN Notice
In the filing, Montrose Forest Products, LLC, announced that 90 employees would be affected by the closure of the plant located at 11925 6530 Road, Montrose, Colorado, 81401.