• Bruce County Forest Products Ltd.

Remsoft Expands Offerings With Launch of Remsoft Operations

Remsoft, has announced the launch of Remsoft Operations, a cloud-based operational management solution for forestry companies. Responding to growing client demand, and drawing on its expertise in planning, scheduling and advanced analytics, Remsoft Operations is the first of its kind for Remsoft in the operational planning space.  Built on the...

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West Fraser Announces Production Reduction in British Columbia

VANCOUVER — CNW —  West Fraser  has announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake and Quesnel Sawmills.  The curtailment will be realized through the elimination of the third shift at each sawmill. The reduction in lumber production is expected to impact...

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Latest News

  • Government of Canada supports Indigenous leadership in conservation

    VICTORIA, BC, CNW — Indigenous communities have long been stewards of the environment, and the Government of Canada shares their commitment to conserving and protecting Canada’s nature, our diverse ecosystems, and species at risk. Today, the Minister of Environment and Climate Change, Catherine McKenna, announced that 28 Indigenous projects have been selected for early funding totaling just...

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  • Canada a dominant supplier of softwood lumber

    Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with the export volume from the Eastern provinces being forecasted to increase substantially, according to a study by ForestEdge and WRI.   The softwood sawmilling sector in Eastern Canada will play an...

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  • Saskatoon replacing sand, salt with wood chips in test run

    The City of Saskatoon is testing out an environmentally friendly way to make roads less slick this winter. According to a report by the CBC, the city of Saskatoon was inspired by cities in Switzerland and Quebec. City workers will be using wood chips on icy roads in the North Industrial...

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  • Canfor to Acquire Elliott Sawmilling Co., Inc.

    VANCOUVER, CNW — Canfor Corporation has announced it has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina for a purchase price of US$110 million, which includes normalized working capital. The purchase price represents a 4.3 times EBITDA multiple based on Elliott’s twelve months trailing EBITDA. The transaction will be...

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  • Interfor Corp. shares down more than 9% on third-quarter results

    Interfor Corp.’s share price was trading down more than 9 % Friday (Nov. 9, 2018) as the company missed earnings expectations amid volatile lumber prices. “The dominating feature of the third quarter this year was the drop, in lumber prices that began in late May and early June and continued...

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Fall #1 2018 Vol 22#6

Fall #1 2018 Vol 22#6

October 26, 2018
By: Brett Vezina

 

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