Canfor Expands Footprint in Arkansas with Iron Mountain lumber manufacturing Acquisition
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Canfor Expands Footprint in Arkansas with Iron Mountain lumber manufacturing Acquisition
August 15, 2024

Canfor Corporation has successfully completed the acquisition of a lumber manufacturing facility in Union County, Arkansas, from Arkansas Resolute El Dorado Inc. This strategic move, initially announced on May 1, 2024, aims to enhance Canfor’s regional operations by integrating the newly acquired facility, now renamed the Iron Mountain sawmill, with its existing El Dorado Laminating[…]

Canada and Ontario enhance tree-planting capacity to combat climate change
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Canada and Ontario enhance tree-planting capacity to combat climate change
August 15, 2024

The Canadian and Ontario governments have announced a joint investment of more than $61 million to significantly expand tree-planting efforts across Ontario’s Crown forestland through 2026. This initiative, unveiled by Marc G. Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources, and Ontario’s Associate Minister of Natural Resources, Nolan Quinn, aims to enhance[…]

The Market Situation In The Sawmill Industry Is Very Difficult And Dark Clouds Are Gathering On The Export Market Horizon
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The Market Situation In The Sawmill Industry Is Very Difficult And Dark Clouds Are Gathering On The Export Market Horizon
August 7, 2024

In the May Business Cycle Barometer of the Confederation of Finnish Industries EK, the business outlook for the sawmill industry and sales price expectations are in steep decline, and the order backlog compared to normal is well below zero, writes Tino Aalto, CEO of the Finnish Sawmill Industries Federation. Companies in the sawmill industry have[…]