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[…]
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[…]
After a major fire damaged several pieces of equipment at Evergreen Forest in New Meadows, ID, USNR is building new machines to get the mill running at full capacity again. The initiative will take place over the course of several phases, some of which have already been completed. Evergreen has already received new edger scanning[…]
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[…]