Due to fire activity in the Cariboo, Tolko Industries Ltd. will be curtailing its Quest Wood operation in Quesnel, B.C. as of Monday, July 24th. The mill employs approximately 200 people and produces 210 million board feet of dimension lumber on an annual basis.» Read more...
Pacific BioEnergy Corporation (PBEC) has announced that Sumitomo Corporation of Japan has acquired a 48 per cent equity interest in PBEC.» Read more...
Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.» Read more...
The largest Western and Eastern Canadian based forest products companies reported overall higher net earnings in the first quarter of 2017 compared to the first quarter of 2016.» Read more...
B.C. Premier John Horgan is set to meet with U.S. Secretary of Commerce Wilbur Ross in Washington this week to discuss the softwood lumber issue.» Read more...
Have an eye for photography? Snap a pic of your worksite whether it's in the bush or in the sawmill and enter to win! Deadline to submit photos is August 23.» Read more...