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February 6, 2019 |
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“Despite a disappointing fourth quarter, we delivered our best-ever adjusted EBITDA of $724 million as North American OSB prices remained strong for much of the year and we shipped more product to meet increased demand,” said Peter Wijnbergen, Norbord’s president and CEO.
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“This acquisition is consistent with our strategy of pursuing margin-focused business opportunities that complement our position in selected markets,” said Don Demens, Western’s president and CEO. “We are excited to welcome Columbia Vista’s employees to Western.”
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The $4.5 million will go towards everything from engineering and design work to procurement, construction and start-up of the mill. Once finished, the upgraded sawmill is expected to produce 300 million square feet of SmartSide Lap Siding.
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Resolute has reported an operating income of $75 million for Q4, 2018, compared to $135 million in Q3 2018. Overall pricing had an unfavourable impact of $33 million because of the $110 per thousand board feet drop in the average transaction price for wood products.
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Areas of possible collaboration include: emissions and fuel consumption reduction, freight performance measurement and fleet efficiency, road safety, low-volume roads and infrastructure, data analysis, as well as developing and testing electric, automated, and autonomous vehicle technologies.
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Portable Rotary Debarker is available either diesel or electric powered, up to 30' long module with a capacity of debarking any log species. Log length up to 12ft and up to 30: diameter. In ideal condition it can produce up to 50 GCMT/HR with less the 1% bark content.
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Twenty years ago, the John Deere-Hitachi Specialty Products (DHSP) factory in Langley, B.C., opened its doors and began producing purpose-built forestry swing machines. On Jan. 31, 2019, the factory celebrated the production of its 5,000th swing machine, and presented the new owners, Bighorn Logging Corp., with a gold key.
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The $5,000 award recognizes and celebrates Indigenous entrepreneurs for their success in a forest products business that exemplifies business leadership, environmental and safety performance, and product quality.
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