Tight wood supplies affecting BC companies

Article Abstract:

British Columbia's lumber companies are being affected by the province's efforts to limit wood harvesting to sustainable levels. The limits have caused these companies to import lumber from other regions and to acquire competing companies. The limits have also caused the price of lumber to rise; for example, in Alberta wood prices have risen from C$5/metric ton in 1993 to C$45/ metric ton in 1995. However, the increased demand for Alberta's lumber has caused concern and may result in sales restrictions. As a result, British Columbian lumber companies may need to import wood from the US.

Analysis, Environmental policy, British Columbia

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US wood industry reshaped by timberland acquisitions

Article Abstract:

The U.S. forest products industry in 1996 is preparing for the future with acquisitions of timberland and a shift towards fee-owned timber. Plum Creek Timber Company is expanding into the South with a $540 million acquisition from Riverwood International Group. James River Corp., Champion International Corp., Robbins Lumber Inc., Pacific Lumber Co., and Sierra-Pacific Industries are some of the other companies engaged in acquisitions and divestments.

Logging, Timber Logging & Contracting, Mergers, acquisitions and divestments, Acquisitions and mergers, Statistics, Outsourcing

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L-P, MB plan major Canadian OSB plants

Article Abstract:

This article focuses on MacMillan Bloedel Ltd. and Louisiana-Pacific Corp. investing money to construct oriented-strand board plants in British Columbia. Issues concerning agreement with the British Columbia government and forest industry expansion are examined in this article.

United States, Canada, Investments, Louisiana-Pacific Corp., LPX, MacMillan Bloedel Ltd.

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Subjects list: Canada, Lumber industry, Lumber
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