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Trade union representatives have welcomed talks with a management team to acquire Arjowiggins Fine Papers' Stoneywood and Chartham mills after negotiations with a preferred bidder broke down earlier this week.
Crews from the fire department were on scene for about two and a half hours due to all the smoke in the building.
Canada has filed an appeal concerning the WTO panel report in the case brought by Canada in "United States -- Anti-dumping measures applying differential pricing methodology to softwood lumber from Canada." Canada requests the Appellate Body to review the Panel's findings and conclusions and to reverse it.
Winterhalter was named CEO back in March.
Georgia-Pacific announced Tuesday (June 4) it is permanently shutting down the equipment and processes supporting the bleached board operations at its Crossett facility in south Arkansas as of October 2019. About 555 jobs will be impacted by the closure. Also, the timber and paper company will close a particleboard facility in Hope, laying off 100 workers.
An overheated piece of machinery is being blamed for a fire at a Resolute Forest Products facility Monday afternoon.
Warburg Pincus, a leading global private equity firm focused on growth investing, has agreed to acquire Pregis LLC, a leading protective packaging materials and automated systems manufacturer, from Olympus Partners, headquartered in Stamford, Connecticut, for an undisclosed amount.
Tolko employees at its Armstrong and Soda Creek (Williams Lake) divisions will be off work longer than hoped.
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Georgia-Pacific said Tuesday it will not rebuild the particleboard facility in Thomson that was destroyed by fire last week.
Agreement Reached with Interfor to Acquire Vavenby Forest Tenure
Fire officials said the fire started on a baler machine. It was contained before it was able to spread.
West Fraser announced temporary production curtailments during which all mill activities will be curtailed for one week in June at five British Columbia sawmills: Chetwynd, Quesnel, Williams Lake, Smithers and Fraser Lake.
The future for nearly 500 workers at the Arjowiggins Stoneywood plant was plunged into doubt in January after its parent company failed to sell it.
SCA recently acquired 10,000 hectares of forest in Latvia.
Tolko's Athabasca OSB division in Slave Lake, Alberta, Canada, has temporarily suspended operations as the Province has issued an eight-hour evacuation alert for the town.
The shareholders of Bergvik Skog AB, a Swedish forest holding company, have finalised the previously announced restructuring of its ownership.
As previously communicated, BillerudKorsnäs has entered into an agreement with all shareholders of Bergvik Skog AB concerning a split of Bergvik Skog AB's forest assets.
Adam Vaughan, Member of Parliament for Spadina-Fort York, on behalf of the Honourable Amarjeet Sohi, Canada's Minister of Natural Resources, announced a $4.1-million investment to build a 10-storey tall wood building in Toronto.
A fire that broke out at the Georgia-Pacific particle board facility Wednesday in Thomson caused significant damage to the facility.
The first roll of bleached hardwood pulp was safely produced through the diligent effort of the mill team, the company said.
Interfor announced plans to temporarily reduce production across its operating platform in the BC Interior during the month of June 2019 due to a combination of weak lumber prices and continuing high log costs.
U.S. Congressman David Trone and U.S. Senators Ben Cardin and Chris Van Hollen (all D-Md.) released the below statement following their call on Friday with Verso Interim CEO Les Lederer.
International Paper currently owns approximately 30 million shares, or 75% of the outstanding shares, of International Paper APPM Limited (APPM).
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