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Completed Investments and Closings In Canada, Domtar completed a project at the Clermont, QC pulp mill to increase electrical generation and decrease water usage with projected annual savings of nearly $600,000. Gorman Group’s Canoe Forest Products in Canoe, BC installed more…
This post is the third in a series related to the Q2 2024 Forisk Research Quarterly (FRQ), which includes forest industry analysis and timber price forecasts for North America. Introduction Oriented strand board (OSB) is a building material made from small diameter more…
Mill news is mixed for the North American forest products industry as firms continue to complete mill investments and announce mill closings. In the first quarter of 2024, firms advanced sawmill expansions in the U.S. South while others closed sawmills more…
Utilization is the act of making practical use of something. For industrial purposes, utilization is the percent of name plate capacity used to produce a product; it is calculated as production divided by capacity for a set time period. Forisk more…
Firms continue to invest in forest industry manufacturing facilities in the U.S. South. The region features abundant timber supplies and an established supply chain with favorable business operating conditions. Lumber manufacturers evaluate timber markets for future capital expansion, and the more…
Oriented strand board (OSB) is a structural building product like plywood that is made from layers of wood strips (or strands) that are glued together and compressed with heat and pressure. Builders use OSB in subflooring and wall and roof more…
While significant forest industry capital continues to flow to the U.S. South, the announced acquisition of EACOM Timber Corporation in Eastern Canada by Interfor in late 2021 reminds us of the critical role and opportunities that exist for investors in more…
West Fraser closed on the purchase of Norbord on February 1, 2021, becoming the largest producer of OSB in North America. The OSB sector is heavily consolidated, with the top 10 firms accounting for 100% of OSB production in North more…
The structural panel industry is heavily consolidated with a small number of key firms in each sector and geographic region. Adding capacity requires significant capital investments and the adoption of new technologies. What do we observe from firms seeking to more…
We get introduced to the concept of substitution in elementary school. When Mrs. Schlesinger in third grade is unavailable due to illness or car trouble and Mr. Carson, a substitute teacher, fills in admirably for a day or a week, more…