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Canfor reducing Canadian lumber production
Posted on Author Gill Timbers International
“It looks like one wave of temporary curtailments after another,” said Jeff Bromley, United Steelworkers Union wood council chairperson. “I just got wind that Tolko (Industries) is taking some down time as well, throughout its B.C. plants.” The latest production cuts, however, come at the end of a year in which inflation and higher interest […]
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West Fraser and Canfor closed mills in BC- Pine Beatle effects supplies
Posted on Author Gill Timbers International
Forestry giants Canfor and West Fraser announced Thursday they will close two Interior sawmills next year because the pine beetle epidemic has gutted their timber supply. The closures, which also involve a swap of timber harvesting rights between the two companies, will result in 434 job losses in the communities of Quesnel and Houston. “Closing […]
India and Uruguay have signed a letter of intent
Posted on Author Gill Timbers International
India and Uruguay have signed a letter of intent (LoI) to explore investment opportunities in iron ore and steel sector. The alliance will also encourage exchange of technical know how in iron ore and steel related raw materials.The LoI was signed between D R S Chaudhary, union steel secretary steel and Mr Roberto Kreimerman, Uruguay’s […]