Articles

B.C.’s Atlas Engineered Products expanding to Ontario

December 5, 2017

NANAIMO, B.C. – A British-Columbia producer of trusses and engineered wood products is expanding its footprint to Ontario with the purchase of Clinton Roof Truss Ltd. Atlas Engineered Products of Nanaimo, B.C., has entered into a letter of intent with Clinton Roof Truss to acquire all of the issued and

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TimberWest tests proximity sensors on loaders for safety

December 4, 2017

TimberWest has a number of very large mobile machines working at its sort yards and logistics facilities. They unload trucks, transfer logs within the facility and move logs shipside for loading. When you see these machines in motion, the sites look like a well-orchestrated ballet. Every machine operator knows his

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Wood products industry supports Ontario growth plan

December 4, 2017

OTTAWA – The Canadian Wood Council (CWC) applauds the Ministry of Infrastructure’s announcement regarding a long-term infrastructure plan that includes climate change considerations. This announcement aligns with the forest product sector’s “30 by 30” climate challenge – a commitment from the sector to help Canada remove 30 megatonnes (MT) of

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First Nations invest in Hornepayne mill, cogen facility

November 30, 2017

Hornepayne Lumber and Hornepayne Power are receiving a $4 million equity investment from an alliance of three First Nation communities in northeastern Ontario. The investment group, Northeast Superior First Nation Investment LP, is taking a 30 per cent ownership stake in the dimensional lumber mill and co-generation plant, according to

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Morbark expands with Rayco environmental equipment

November 30, 2017

WINN, MI — Morbark has completed the acquisition of Rayco Manufacturing, which designs and produces an innovative line of environmental equipment, including stump cutters, forestry mulchers and brush chippers. The transaction is the first acquisition since affiliates of the private equity firm Stellex Capital Management acquired Morbark in 2016. The

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Venture capital firms show interest in bioeconomy

November 30, 2017

SARNIA, Ont. – A building block for the support of early-stage Canadian bioeconomy and cleantech companies has been announced by Bioindustrial Innovation Canada (BIC). BIC has signed a Memorandum of Understanding (MOU) with each of five key venture capital firms investing in the Canadian bioeconomy and cleantech space.  It is

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Canada takes next step in softwood lumber dispute

November 30, 2017

OTTAWA – The federal government formally requested World Trade Organization (WTO) consultations with the United States concerning the recent anti-dumping and countervailing duty determinations on imports of certain softwood lumber products from Canada. A statement from Global Affairs Canada says the U.S. Department of Commerce’s decision to impose punitive duties

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